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ATLANTA-The locally-based multifamily developer is part of a consortium of eight national property owners who are contracting with BroadBand Residential Inc. to bring high-speed data, broadcast video and entertainment services access to tenants.
ULSTER, NY-New York Governor George E. Pataki and officials with UnitedHealth Group announce that the company will invest a grand total of $22.9 million, creating 1,322 new jobs and acquiring a more than 50% increase in space.
SPOKANE, WA-The commercial lender also is reporting that its fourth quarter could be down from a year ago, due to a problematic $135,000 lease that may have to be written off in the final three months of the year.
BOCA RATON, FL-The New York Stock Exchange-traded company lost $27.6 million for the quarter ended Sept. 30 versus a loss of $31 million in the comparable 1999 period. Entrepreneur H. Wayne Huizenga is chairman/CEO.
SUNOL, CA-Save our Sunol filed suit against the city and county of San Francisco, the legal owner of the site on which Mission Valley Rock Co. proposes to build the mining operation.
ATLANTA-The manufacturer of Venetian blind parts is taking 77,550 sf for five years at the 708,836-sf Peachtree North industrial park. The estimated value of the transaction is $2.7 million.
BETHESDA, MD-Mortgage lender AMI Capital closed a 10-year, $9.7 million loan to acquire Avalon Woods Apartments through a Fannie Mae DUS loan. The rate is 7.97% and has a 30-year amortization.
AUSTIN-Centex Materials is investing $14 million into the expansion of a Georgetown quarry, adding a ninth concrete plant to Centex's holdings. The subsidiary of Dallas-based Centex Construction is a leading supplier in Central Texas.
BOCA RATON, FL-The 99-year-old Seattle-based retailer plans to open a second outlet next year in the nearby Mall at Wellington Green, a West Palm Beach suburb, followed by stores in Coral Gables, Orlando, and Tampa.
MINNEAPOLIS-Bruce Lambrecht argues that nearby parking and public transportation make his site an inexpensive alternative for a privately funded-pro baseball park.