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ST. PAUL, MN-Lawmakers say a bill for the construction of a $300-million outdoor ballpark, which would provide a $140-million interest-free state loan to the Twins, is not high on their list of priorities this session.
OAKLAND, CA-East Bay manufacturers and retailers are finding the city-offered incentives and available space in Oakland quite attractive, says Keith Mackenzie, Grubb & Ellis managing director and senior vice president.
NORTH ANDOVER, MA-Stanley Works, one of the largest tool makers in the country, will acquire locally-based Contact East Inc. The New Britain, CT-based company says that Contact East will remain in its facilities here.
DURHAM, NC-The locally based corporate occupancy solutions company hired William M. Sandridge from Carter & Associates where he worked as a tenant representative.
GREENSBORO, NC-Developer Carl Essa is putting up this area's first class A building and feels his average asking rents of $17.95 per sf will compete with rates of $18 per sf to $23 per sf in metro Charlotte's submarkets, 85 miles down the road.
EDISON, NJ-This latest transaction caps a series of moves and deals that brought the building back to 97% occupancy and raised its market value by nearly 25%.
ATLANTA-Fourth quarter funds from operations at America First Apartment Investors of Omaha, NE are up 13% increase from the comparable 1999 period. American First Apartment Investiors owns the 226-unit Retreat in Atlanta and the 260-unit Park Trace in Norcross, GA.
RIDGELAND, NC-South Carolina Electric & Gas Co. is one of the catalysts sparking development interest in tiny Jasper County (Pop. 21,000), 160 miles southeast of Downtown Charlotte.
BOSTON-City Mayor Thomas M. Menino releases his budget for next year and it disappoints local housing advocates who oppose the lack of funding for affordable housing here. The proposed 2002 budget is only 4.4% larger than this year's.