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CHARLOTTE-Development areas where newcomers are drawn include fast-growing Interstates 40 and 85. Urban and suburban growth emerges. Beachfront is also popular.
LOS ANGELES-Regional experts say that there's no sign of recession in the Southland, that gyrations in the stock market aren't shaking California's confidence. They point to the state's strong job market as the primary indicator of economic stability.
LAUREL, MD-Dynamic Designs Enterprises, a clothing manufacturer and wholesaler, has leased 17,538 sf in the third Whiskey Bottom Trade Center building, slated for completion next month by developer Gingery Development Group.
BLOOMINGTON, MN-Duke-Weeks signs the B2B agribusiness firm to an anchor lease for 30,859 sf. It will occupy the top floor of the seven-story, 212,000-sf building at Hwy. 100 and Interstate 494.
MCLEAN, VA-Because the Islamic faith prohibits the payment of interest, Freddie Mac has invested $1 million in a new finance model created to meet needs of banking regulations and religion.
ROSEVILLE, MN-Cave & Associates will build a two-story, 18-unit complex at 197 County Road B2 after a controversial zoning change is approved. The property had been zoned for retail business use but had long sat vacant.
DETROIT-An April completion date is set for build-outs at the National Institute of Technology in Dearborn and University of Phoenix in Southfield. The two projects total 38,000 sf.
LOS ANGELES-Mayoral candidates Steve Soboroff and James K. Hahn have turned against the proposed LAX expansion plan, dimming prospects for future development opportunities in the area surrounding one of Los Angeles' largest real estate markets.
NEW YORK CITY-Cushman & Wakefield has named the company's first ever national director for Retail Services. James Wassel says in an interview with GlobeSt.com this move demonstrates the company's plans to bolster its retail operations.
MONTVILLE, NJ-Mebane Packaging, a division of Westvaco Inc., signs long-term lease with owner First Industrial and will consolidate three of its New Jersey operations at a recently renovated facility here.