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QUINCY, MA-Massachusetts Heavy Industries has until mid-January to come up with a financial plan that will allow them to resume revitalization of the shipyard here. The company was evicted ten months ago after it defaulted on a loan.
SAN PEDRO, CA-Regency Realty, the Florida-based trust that's been aggressively adding to its Southland portfolio, purchases the 105,000-sf Garden Village complex in San Pedro.
CHICAGO-Seattle-based Dow Hotel Co., a partner in the joint venture, says it is aggressively "seeking to acquire and manage other mid- to large-size, full-service hotels, especially those that have extensive food and beverage capabilities and others.
TUKWILA, WA-The 84,380-sf development is on 4.54 acres amid the largest concentration of retail--some four million sf--in the Pacific Northwest. The asking price is $13.95 million. The center is 100% occupied.
SAN FRANCISCO-After previously cut deals are figured out of this city's cap on the annual development of office space, only about 115,000-sf remains available for the 1.2 million-sf worth of projects still sought by five different developers.
TALLAHASSEE, FL-Lakeland, FL millionaire C.C. Dockery is pushing Gov. Jeb Bush to create the Florida High Speed Rail Authority, an agency that anti-train legislators say may decimate or bankrupt the state's entire transportation infrastructure budget.