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CHICAGO-Corey B. Chase joins the Downtown office of Julien J. Studley, Inc. as managing director in the industrial services division. He represented industrial and office tenants in suburban Midwest markets for Douglas Elliman Beitler.
VALLEY CENTER, CA-People stood in line to get into the county's newest casino when it opened yesterday. The temporary casino will be replaced with a $100-million casino-resort being built by Harrah's Entertainment.
DALLAS-American Realty Trust not only is watching as its new buildings lease up, but the Dallas-based developer also has quietly picked up an extra 200 acres for its 850-acre Mercer Crossing. The Hickory Centre buildings are just the first of many more to come.
MINNEAPOLIS-An advisory panel recommends Twins owner Carl Pohlad should kick in about $150 million for a new stadium. Further, it suggests diverting taxes generated by the ballpark, including player and front-office salaries.
MORRIS TWP., NJ-While nothing is official, a Honeywell executive tells shareholders that most parent company staffers will probably be let go after merger with GE clears its remaining hurdles and is a done deal.
NEW YORK CITY-Canada's largest fund manager also plans to invest $200 million over the next two years. In addition, an affiliate of Credit Suisse First Boston has committed $50 million.
DAYTONA BEACH SHORES, FL-DiMucci Development Corp., a family-owned and operated multifamily developer, expects to sell out all 140 units at the 18-story, Towers Grande community by summer at prices beginning at $199,000. DiMucci has built and sold 600 luxury units at this oceanfront area since 1991. Daytona Beach Shores is 60 miles northeast of Downtown Orlando.
FT. WORTH-At first, it's hard to discern the difference, but The Woodmont Co.'s name change is altering the course of the 20-year-old Ft. Worth firm. It's one moniker for five affiliates, a headquarters relocation and more staff as a result of the restructuring.
WASHINGTON, DC-REITs have a promising outlook for 2001, say association leaders. Legislatively, the group will battle for E-fairness, is against forced access, and wants to see shorter depreciation schedules.