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ARLINGTON, VA-Charles E. Smith is paying a dividend of $0.585 per share for the final quarter of 2000. Dividends are payable on Feb. 15 to shareholders of record as of Feb. 7.
ST. PAUL, MN-The deal for 110,000 sf in the 400 Building and 40,000 sf in the Lafayette Building eases a growing glut of office space downtown, where a 630,000-sf building has opened and sublease space will be available.
WASHINGTON, DC-The Corporate Executive Board is the newest tenant to sign up for 1857 K St., NW, a 170,000-sf office building set to open January 2002. The firm is renting 30,731 sf.
RIDGEFIELD, WA-Landowner Bob Zimmerly is partnering with Schuck and JRC Financial Inc., two Colorado-based companies. The trio has formed Pioneer Estates LLC to develop the project. JD White Co. Inc. of Vancouver is providing planning support.
STERLING HEIGHTS, MI-Cypress Senior Living hires Milford,MI-based builder to create 222-unit Sterling Heights complex. It should be completed next year.
ARLINGTON HEIGHTS, IL-The two-building complex also includes approximately 40,000 square feet of retail space and is located across Northwest Highway from the Metra commuter rail depot. AvalonBay plans renovation of apartments.
HOUSTON-A $79-million hospital and medical office project gets unveiled Saturday by Methodist Health Care System. The owner has five more sites in the region that are ticketed for health-care facilities.
MINNEAPOLIS-Target officials decline to comment on 'speculation' it is looking at up to 100 stores being vacated by the Chicago-based retailer that recently announced plans to declare bankruptcy.
MINNEAPOLIS-The nation's largest hair care salon operator will still build up to 400 new salons and spent up to $30 million on acquisitions next year. That's down from 450 stores built and an $80-million budget.
TROY, MI-Construction begins on a retail project that is one of state's highest priorities under its brownfield redevelopment program. Grand/Sakwa of Farmington Hills, MI is building the project.