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CONCORD, NC-After more than five years of talking and planning, this racetrack city, about 20 miles northeast of Charlotte, is about to have a $40-million facility that will include a convention center and a hotel.
WHITE PLAINS-Starwood Hotels and Resorts Worldwide Inc. has joined with Mexico developer Grupo Plan Planificacion SA de CV, to build a W Hotel property in Mexico City.
SALEM, OR-A lawsuit challenging the constitutionality of Oregon's Measure 7 was filed yesterday in Marion County Circuit Court yesterday. Today, Circuit Judge Paul Lipscomb is scheduled to rule on a request for a preliminary injunction. Without one, the measure goes into effect Thursday.
PURCHASE, NY-Legg Mason Real Estate Services' Purchase and New York City regional offices have arranged loans totaling $2.3 million for 9 and 12 St. Mark's Place in Manhattan.
DALLAS-United Commercial Realty/ChainLinks has found a taker for a vacant 10,000-sf Eckerd's in the heart of the eclectic mix of Knox Street retailers. Meanwhile, new construction is under way for a Bombay Outlet at The Crossing.
NORTH MIAMI BEACH, FL-The world's largest retailer may decide on the location in the first quarter, according to published reports. Wal-Mart's other Florida SuperCenters are in the 200,000-sf plus range.
ORLANDO-The Indianapolis, IN-based REIT is selling its estimated $43 million, fully-leased office/industrial North Florida portfolio because the area isn't large enough yet to handle the developer's delivery system.
COLUMBIA, MD-Three companies are locating businesses in the Gateway Corporate Center. Corporate Office Properties Trust has signed leases with Royal and SunAlliance, Coventry Health Care, and U-CONN Technology Inc.
REDMOND, WA-The locally-based medical-device manufacturer is leasing 15,000-sf in the First Choice Business Park here. The move will allow the company to begin manufacturing its patented silicone rubber tubes for medical use.