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DETROIT-It may take $300 million to add 300,000 sf to convention center, says Detroit Civic Center director Lou Pavledes, who realizes that city council and gubernatorial elections are coming up this year and next.
ATLANTA-US Bankruptcy Judge Homer Drake has approved the sale of the 369-bed acute care South Fulton Medical Center for $81,301 per bed. Tenet Healthcare starts running the facility Apr. 16.
PORTLAND-Due to the slowing economy, the company is closing 25 stores across the nation that it had planned to convert to House2Home home-decorating stores. Three of those locations are in Portland and a fourth is in Vancouver, WA.
PHOENIX-An aging apartment complex in south Scottsdale, just blocks from Scottsdale Road, sells to out-of-state investor for $4.9 million, or $46,000 per unit.
DETROIT-Jeffrey Shell, Joseph Rosenberg and Jeffrey Buckler are recognized for their 2000 performances by Cushman & Wakefield's office here. Shell's financial services team closes deals worth more than $575 million.
MISSION VIEJO, CA-For the first time since its incorporation, the city will be able to house its more than 100 employees in a building it isn't leasing, when a new city hall is completed next year.
SAN DIEGO-A San Diego-based developer has executed a joint venture and financing agreement on its condominium property near Rosarito Beach in Baja California.
ADDISON, TX-An innovative strategy has Web Real Estate talking with franchisee prospects in Atlanta, Wichita Falls, TX, Phoenix and Arizona. One of those cities will sign on the dotted line by May 1, predicts the firm's president.