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CARROLLTON, TX-RealPage's president and CEO is returning to the management consulting business after guiding the high-tech company on a path to success. It's not a goodbye, says Jim Melson, who plans to serve in an advisory capacity.
SOMERVILLE, MA-In a move that will increase commercial space in this largely residential area, Taurus Investment's plans for a mixed-use development on the site of the former Assembly Square Mall were approved.
HOUSTON-Trammell Crow Co. has started work on its second warehouse at the West Port Industrial Park, a 206,400-sf structure that has a 192,000-sf sister building. The latest building project, slated for a January completion, is 32% pre-leased.
NEW YORK CITY-The acquired firms own 25 properties in 15 states and produce net rental revenue of more than $15 million. Their tenants include Wall Mart, Cox Communications, Nextel Finance and Hewlett Packard.
BOSTON-A number of small hotel projects underway here will help the city increase its number of rooms, but the convention center anchor hotel is still deemed crucial to the success of the convention center.
WASHINGTON, DC-Politicians in city government here are working fast and furiously to construct proposals on regulations to present to Planning and Zoning in the next 22 days, in time for the scheduled meeting.
DALLAS-Gulfstream Investors Ltd. is the second Texas equity operation to be bought in a year by WestAM, an asset manager for Germany's fourth largest bank. The US "shopping list" is at the crux of talks with a half dozen more equity operations nationwide.
SAN DIEGO-The inancially ailing REIT took both legal and financial hits during a disastrous third quarter. After a running battle with dissident investors over the value of the firm, the board decided to liquidate the company.
SOUTH BRUNSWICK, NJ-This new unit, which is replacing a Jamesway discount store, is being heralded as a prototype test store for chain and parent Federated, developing the centralized checkout trend.