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MACON, GA-After increasing occupancy by nearly 30%, Ocwen Federal Bank is unloading Highridge Centre, a four-story, 195,252-sf asset just off Interstate 75.
SEATTLE-The proposal is intended to make it easier for the city to punish owners who raise rents or send eviction notices to renters who complain about apartment conditions. Owners fear it would limit their ability to evict bad tenants and penalize silent partners who have no knowledge of a violation.
DALLAS-The times are a' changing or at least the roles are as Trammell Crow Co., Crescent Real Estate Equities Co. and Wyndham International Inc. all announce internal management shifts this week.
DUBLIN, CA-Oracle and county planners will spend the next 60 days negotiating the details of the purchase. The software giant has already offered to buy the land for $3.8 million an acre.
WASHINGTON, DC-Congress passed a bill allowing private development of the Southeast Federal Center. The 55-acre site on the Anacostia River in Southeast Washington is the largest undeveloped tract of land in the District.
AUSTIN-Stratus Properties Inc. is posting earnings of $0.2 million, equating to .01 cent per share, on revenues of $2 million. Meanwhile, it remains embroiled in talks with the city over entitlement rights for its projects.
WASHINGTON, DC-City officials have given up on working with DC architect Kevin Williams and his company, Dominion Development Corp. and requested new retail proposals on a 25-acre tract that it has sought to develop for about two decades. Williams and Dominion say they still have the development rights.
AUBURN, WA-A&M Warehouse, which collects and distributes liquor shipments and customs-bonded freight cargo, has leased 192,000 sf of warehouse space here in the Valley Centre Corporate Park. A&M is paying 32 cents per sf per month for the space.