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ATLANTA-The locally-based REIT is paying a fourth quarter dividend of .5675 cents per common share to shareholders of record on Dec 15. Gables' annual dividend will amount to $2.27 per share.
HOUSTON-It's not every big box retailer that can say its land has been bought from the stars. Costco and Great Indoors have sealed a 26-acre purchase from a multiple investor partnership that includes Johnny Carson and Neil Simon.
ORANGE COUNTY, CA-Holders of Pacific Gulf Properties common and preferred stock gave a thumbs up Thursday to selling the REIT's industrial and multifamily portfolios, as well as its remaining assets.
NEW YORK CITY-While signs that the shine of the wild and lucrative ride is wearing off, the question in this industry turns to property. Many say demand is still high enough.
DALLAS-If third-quarter returns are a measure of the region's vitality, then all is well in North Texas. Among the favorable returns being posted by Dallas-Ft. Worth companies are Trammell Crow and Crescent Real Estate Equities.
NEW YORK CITY-The Y is moving to a new development on 14th Street where it will have 67,000 sf on two floors, the same amount of space it had on nine floors uptown.
DALLAS-Four properties recently have been sold by the Henry S. Miller Commercial team. The dispositions represent the full gamut of property types - housing to industrial - located as far north as Denton and as far south as Bedford.
RIDGEFIELD, WA-Clark County is balking at plans by the church to build a 40,000-sf administration center because the agriculturally-zoned land it wants to use allows for worship centers, not business centers.
ATLANTA-Transportation is still the key factor behind a rehabilitation of the 105-year old East Point, GA plant. Braden Fellman Group is ready to invest $1.6 million to convert the structure to loft offices.