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DENVER-An online purchasing provider has added 250 more members, representing 53,000 apartments. The extra members have come via the acquisition of a New England competitor.
SAN FRANCISCO-The merger between Terranomics and Epsteen & Associates creates the Bay Area's largest real estate brokerage. Epsteen employees will now work out of Terranomics' San Francisco office.
TRENTON, NJ- The plumbing products maker will shutter its 75-year-old manufacturing plant here by the end of this year and consolidate its operations at an undisclosed location.
BALTIMORE, MD-MIE Properties Inc. has started building the first of four buildings at the 21-acre Troy Hill Corporate Center here. The four build-to-suit office buildings will total 152,000 sf, according to company officials.
ATLANTA-In keeping with its move to pare down and focus on urban development, the locally-based REIT has sold two Atlanta apartment communities totaling 421 units for an aggregate $47.25 million or an average $112,333 per unit.
HOUSTON-Two area IT providers have a date Jan. 31 with shareholders, who will decide if the two should merge. ClearWorks IT Solutions of Houston and Eagle Wireless of League City want to link up commercial and residential strategies.
DETROIT-Mall owners looking to bring new life to their shopping centers will be among the bidders when leases on Montgomery Ward stores are offered to the highest bidder at bankruptcy court proceedings.
KANSAS CITY-MetLife Inc. will move its offices to a $16-million, 94,000-sf building the Briarcliff West development park by December, when the building is expected to be completed. BMA tower also lost Butler Manufacturing in 2000.
HOUSTON-A former Texas Rookie of the Year is the new senior vice president in the Weitzman Group's Houston Retail Division. David Stukalin has been with the retail brokerage firm since 1997.
CHARLOTTE-The locally-based developer confirms in published reports he is buying dirt, but won't say what he has in mind for the land assemblage, estimated at 1,000 acres. Southwestern Mecklenburg County is one of the last frontiers relatively untouched by developers.