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BALTIMORE—PNC Financial Services Group predicts Greater Baltimore's employment growth rate will be below the national average and that the region's unemployment rate will be higher than the U.S. jobless rate.
CHEVY CHASE, MD—Dan Tangherlini, who recently left his post as administrator of the General Services Administration, has been named chief operating officer of Chevy Chase, MD-based real estate investment and management firm Artemis Real Estate Partners.
ATLANTA—“Given where we are in the real estate cycle and overall economic recovery, we believe building new industrial product in strong markets positions Allstate well to achieve attractive returns,” says Edgar Alvarado.
CULVER CITY, CA—After buying the Surfas Culinary District, the developer secures a $10 million loan to develop a 100,000-square-foot property on the site.
LOS ANGELES—The institutional investor buys the Shoemaker Distribution Center because it is at the top of its competitive set, GlobeSt.com reports in this <b>UPDATE</b> to a previous story.