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LONDON-The UK commercial property market has shown a significant slowdown, according to a new survey from agents GVA Grimley and the Confederation of British Industry.
NATICK, MA-REON Broadband establishes a partnership with Franchi Management Company Inc. The internet and broadband service provider will offer high-speed internet and other broadband services to eight of Franchi Management's commercial office buildings throughout the Metro West area.
ATLANTA-The 55-year-old, Toronto-based engineering, consulting and management firm, with a three-year-old Atlanta presence, is relocating its U.S. headquarters to 66 Perimeter Center East from Chamblee Tucker Road in July. The five-year lease has an estimated aggregate rent value of $2.1 million.
PEMBROKE PINES, FL-A GlobeSt.com public records search finds the developer of the Bergeron Park of Commerce & Industry plans to add two million sf at an estimated total investment of about $100 million. Pembroke Pines is 18 miles north of Downtown Miami.
SOUTHFIELD, MI-The Chicago-based real estate firm focusing exclusively on the business space user moves to the center of Southeast Michigan market activity. The office previously had been located in Bingham Farms, MI.
ORLANDO-The Atlanta developer has won an OK from Orange County's planning committee but still has to satisfy residents demands for more space between the proposed single-story, 250,000-sf commercial project and nearby homes.
SAN DIEGO-The CEO of retail REIT Pan Pacific Retail Properties is among six people honored as Ernst & Young's prestigious "Entrepreneur of the Year" this week in San Diego.
BLOOMFIELD HILLS, MI-Three apartment complexes in Ypsilanti, MI; Woodhaven, MI and Detroit change hands for a total of $6.8 million, an average of $22,150 per unit, in separate transactions.
NORTHBOROUGH, MA-The I-290 Industrial Park, currently owned by the Ohio Teachers Retirement System, is reportedly being purchased by the RREEF Funds. The broker, manager and seller of investment grade real estate is said to be acting on behalf of institutional investors.
DALLAS-A $350-million credit facility is the push that's been needed for Meditrust Cos. to declare success for a turnaround plan. The freshly closed deal and moniker change to La Quinta Properties complete the health-care exit plan and lodging industry refocus.