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NEW YORK CITY-Rumors circulating in the wake of Bradlees' closure announcement prove to be false. Faith Hope Consolo confirms another retailer will occupy the prize East 14th Street site.
ORLANDO-As predicted by industry professionals at the tail end of last year, multifamily investment activity here is slowing but nine-month activity shows higher dollar amounts posted in this year's deals to date, according to a new CB Richard Ellis Inc. study that will be published in January.
HOLYOKE, MA-John S. Lane and Sons has a tentative agreement to buy 400-acres here. The parcel includes the former Mount Tom Ski Area, which is the largest mountaintop in the area.
SACRAMENTO, CA-Westwood Financial Corp. acquires the 40-year-old Southgate Plaza here--and the 20-year leases with Albertson's and Wal-Mart that come with it--for $24 million.
CHARLOTTE-Norfolk, VA-based Norfolk Southern Corp. is preparing preliminary plans for an intermodal terminal near Charlotte/Douglas International Airport. The terminal wouldn't be ready before 2003.
RICHARDSON, TX-The Renaissance Richardson, under construction since November 1999, has reached a milestone in its construction schedule, which is on track for a May 2001 opening. The hotel, John Q. Hammon's first Renaissance in Texas, has decided to start its 2001 dance card
SEATTLE, WA-The Internet applications provider has consolidated its staff in new offices at 501 Elliott W. The space is being leased from building owner Koehler McFayden & Co.
COLORADO SPRINGS, CO-Stageco US has made the Super Bowl XXXV team, second-string quarterbacking construction for 25 entertainment buildings. Stageco is the subcontractor for Party Planners West of Los Angeles.
BOSTON-Minnesota Attorney General Michael Hatch sues FleetBoston Financial Corp.'s mortgage division for sharing customers' personal information with telemarketers. The locally-based financial company denies the charges.