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NEW YORK CITY-They are valued from $15 million to $30 million and include office buildings, a shopping center and retail properties on the East and West Coasts.
BELMONT, CA-Planet Granite hopes to secure approval from both the planning department and the city council to convert the historic Belmont Theater into a workout Mecca that would include a rock-climbing gym, a yoga studio and fitness area.
CLERMONT, FL-Procrastination in finding a suitable site is costing taxpayers an additional $11 million over the budgeted $28.5 million for the 287,000-sf, 1,864-student building in this south Lake County community, 25 miles west of Downtown Orlando.
NEW YORK CITY-The dividend is equivalent to an annualized distribution of $1.55 per common share. Series A preferred earned $2.00 per share on an annualized basis.
HOUSTON-A Vancouver firm is taking advantage of a reseller's decision to abandon the Houston market. The Aston Group will open a location to take up the slack and at the same time make its inroad into Texas, starting in space at One Riverway.
ORLANDO-George L. Livingston, founder/president of Realvest Partners Inc. in suburban Maitland, FL and an economics graduate, thinks the current economic slowdown may last 24 to 36 months and may be deeper than most expected.
SPOKANE, WA-Granite Investments will draw on the hotel experience of its partner, Dick Vandervert, in the development and management of a 123-room Hilton Gardens planned for its 300-acre West Plains project.
BOSTON-The Massachusetts Horticultural Society is planning to develop a garden on four acres Downtown but is still unclear how the $70 million project will be funded. The land will be cleared by the Big Dig.
NEWPORT BEACH, CA-Ted Carpenter, principal of locally based Carpenter & Associates, represented the owner in a five-year lease of a concrete tilt-up industrial facility to be used for manufacturing and distribution.