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NEW YORK CITY-Bear Stearns analyst warns of potential lodging industry drop-off amid a drop in the mid-size investment banking firm's own reduction in income, reflecting shift in the economy.
DENVER-The Denver office of Marcus & Millichap has sold a seven-property self storage portfolio for Illinois-based U-Stor-It Self Storage Inc. The portfolio sale to three different buyers contains 544,000-sf of gross space.
BELLEVUE, WA- At the end of the month, a U S Bank branch will be demolished so excavators can expand a hole across from Bellevue Square that will eventually give rise to the $330-million mixed-use development.
CHARLOTTE-The real estate industry generally is not taking full advantage of data on numerous Web sites because brokers traditionally are not used to sharing information that could be of mutual benefit to their colleagues, suggests GlobeSt.com national online editor John Salustri.
MIAMI-Ben Eisenberg and David Voell move up to senior director posts. Margarita-Guajardo Kurtz is a new director. Gregory C.Masin becomes an associate director.
REDMOND, OR-Officials from Redmond, Deschutes County, the Oregon Military Department, the federal Bureau of Land Management, the Division of State Lands and a company proposing an entertainment complex all have an interest.