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MIAMI-The locally based real estate investment, finance and management company reports record earnings of $3.32 per share for 2000 as revenue grows by 26% to $473 million. LNR now projects $3.70 per share to $3.85 per share earnings for this year.
OLATHE, KN-This Johnson County suburb landed Grundfos Inc.'s North American headquarters and operations center, relocating from Fresno, CA. The first of two phases of the development in the Interstate 35/119th Street Technology Park will cost $4 million.
CONCORD, NC-Concord Regional Airport, five miles north of Downtown Charlotte, also wants to lengthen the 5,500-foot runway by 1,500 feet to accommodate large corporate jets.
SAN ANTONIO-AutoTradeCenter says it's taking a $650,000 hit on a multi-property sale, including a San Antonio site, but it's going ahead with the deal anyway. AutoTradeCenter says it wants out of all land-based operations by year's end.
DALLAS-Everest Broadband has the inroad, a 23-million sf contract for 45 Crescent class-A office buildings in five cities. Now, it wants to set up a Texas point of presence, zeroing in on Dallas and Houston as part of its 2001 expansion plan.
RADNOR, PA-In a deal expected to close by the end of the first quarter, Rubenstein Co. LP is contracted to purchase Wyeth-Ayersts' 17-building, 1.4-million-sf office/research portfolio here. Wyeth-Ayerst headquarters will move to Collegeville, PA.
ORLANDO-Daryl M. Carter, wearing several corporate hats and acting as trustee of two land entities, acquired two tracts totaling 36.6 acres for $1.61 million in Deltona, FL, 35 miles north of Downtown Orlando, and bought a 6,220-sf medical office building in Orlando for $609,000 or $97.90 per sf.
ANAHEIM, CA-Downtown Disney, a 300,000-sf retail, dining and entertainment complex opened last week with a mix of Disney-owned tenants, movie theaters, restaurants and boutique shops.