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NEWPORT BEACH, CA-The credit rating for Nationwide Health Properties has been lowered slightly. The company will take over some facilities because their operators are having difficulty meeting obligations.
DALLAS-LifeCast has connected with Fairmont Hotels & Resorts in a dual-pronged deal that pumps money and more private clubs into its services portfolio. The deal is a sweet one for the Dallas-based IT company's suite of services.
COLUMBIA, MD-Corporate Office Properties has signed United Kingdom-based Bookham Technology Inc. to a long-term lease for 150,000 sf at the former Honeywell Technology Center, 9140 Old Annapolis Rd., in the Oakland Ridge Industrial Park.
PHOENIX-Rapid growth has cramped the quarters of a fast-growing Tucson high-tech company, prompting company leaders to lease an additional 23,300 sf of office space.
JERSEY CITY-Anthony L. Marchetta has joined LCOR Inc.'s New Jersey office as vice president, succeeding David Eichler, who will manage the company's new Oakland, CA office. He serves on the NJ State Planning Commission.
ORLANDO-Golfer Tiger Woods, tennis stars Monica Seles and Andre Agassi and football legend Joe Montana are suing locally-based Planet Hollywood International Inc. to have their photos and memorabilia removed from the menus and walls of the All Star Cafe chain being phased out nationally. The athletes are also asking unspecified money damages for not having been a part of Planet Hollywood's bankruptcy reorganization plan approved earlier this year in U.S. District Court in Delaware.
CHARLOTTE-The locally-based developer is considering copying the 300,000-sf Peabody Place project in Memphis, TN for the Uptown 3.3-acre site. The city's minimum asking price for the dirt is $13 million or $3.93 million per acre.