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GREENWICH, CT-International Paper Co. and the Trust for Public Land have reached an agreement whereby the paper giant will sell 95 acres of land, known as the Treetops, to be preserved as open space for $11.5 million.
MENLO PARK, CA-At projected growth of 19.4% for 2000 and 13.8% for 2001, Spieker remains attractively valued despite its above average Price/FFO multiple (13.3x), says Analyst Bill Camp with A.G. Edward & Sons Inc.
AUSTIN-The Kernel Group, an enterprise software solutions provider based in Austin, is receiving about $3.8 million in venture capital from Reston, VA-based Updata Venture Partners. The funding will go to further product development, marketing and sales.
LOS ANGELES--Unions representing drivers and mechanics approve new three-year pact by nine-to-one margin, clearing the way for full service to resume by Friday.
LINCOLNTON, NC-Now that Lincoln County residents can order beer, liquor and wine when they go to a restaurant here, city officials are looking for ways to bring more restaurants to town.
ATLANTA-Cousins Properties feels the time has come to grow Wildwood, its signature office park in Cobb County. The new space will increase the park's rentable inventory to 3.1 million sf.
FT. WORTH-A 207,600-sf office project, two years in the making, is on its way to reality for developer Ed Bass, whose infusion of capital into the downtown CBD has made it a worthy opponent of neighboring Dallas.