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BOSTON-The $40 million conversion of the police headquarters here was given to the Saunders Hotel Group, a longtime local hotelier. Landsmark Ltd. of London lost it when the city decided it wasn't making enough progress.
NEWPORT BEACH, CA-William Gross, founder, managing director and chief investment officer of PIMCO, will be honored by his alma mater, UCLA's Anderson Graduate School of Management Tuesday. Gross is this year's recipient of the Exemplary Leadership in Management award.<p>
CHAPEL HILL, NC-The 975-acre park would resemble North Carolina State University's 1,192-acre Centennial Campus in Raleigh. Chapel Hill is 90 miles northeast of Downtown Charlotte.
SEATTLE-The self-storage REIT is reporting third quarter funds from operation of approximately $22.2 million, a 6.4% increase over the last year's third quarter. On a per share basis, the company's FFO increased 4.1%.
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.