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APACHE JUNCTION, AZ-While other Valley cities are shunning big box development, Apache Junction is welcoming Wal-Mart's planned super center here with open arms.
SOMERVILLE, MA-Mayor Dorothy Kelly Gay rejected IKEA's latest plans for its 17-acre parcel here at Assembly Square. The Swedish furniture company began submitting proposals last year.
SACRAMENTO, CA-Among other promotions and additions, Bruce Hester, recognized for completing at least $225,000 worth of apartment transactions in each of the past three years, has been promoted to senior vice president.
OLYMPIA, WA-The Associated Builders and Contractors of Western Wash. is awaiting interpretation of the new ban on union-only participation in federally funded construction. The question is whether the order covers projects only fully funded projects, or partially funded projects as well.
TACOMA, WA-A weakened Puget Sound office market has developer Opus Northwest substantially reducing the size of its Pacific Steps project here. The company also has yet to ink tenants for its nearly complete 156,000-sf Eastpointe project further north in Issaquah.
LEXINGTON, MA-Cambridge-based Cubist Pharmaceuticals purchases new corporate headquarters here for $34 million. The company has been searching for a location for three years. Its operations will be consolidated in this new location.
HOLMDEL, NJ-Two retailers join the list of upscale tenants inking leases at the 235,000-sf Commons at Holmdel, being built on the site of former Lily Tulip paper cup manufacturing plant.
DETROIT-Home Depot officials are saying plans for the company's first store in the city remain viable. The Atlanta-based company has been looking at a site in Riverbend Plaza shopping center to build a new store.