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LONDON-Royal London Mutual Insurance has continued the process rebalancing its portfolio in the wake of its merger with Scottish Life. Three large distribution units in the Midlands and North-West are the latest to have been sold.
The 241-unit Renaissance Plaza project, a public/private venture originally scheduled for delivery in July, will begin quietly letting tenants start moving in over the next few weeks.
SAN DIEGO-While other high-tech firms are laying off thousands, a semiconductor manufacturer has expanded into a new, larger facility in the Rancho Bernardo area.
SAN DIEGO-One of the city's largest private employers, and one of the nation's largest computer makers will lay off up to 25% of its work force and refocus its business.
LOS ANGELES-The third-party logistics company has inked a five-year, $5.3-million lease to occupy the industrial space, which is located in Santa Fe Springs.
NEWPORT BEACH, CA-The locally-based company has sold the 27,603-sf facility to a company specializing in the installation and engineering of telecommunications equipment. The Inland Empire continues to attract industrial tenants, even in the face of a sluggish economy.
MONTICELLO, NY-An agreement reached Friday between Sullivan County, the St. Regis Mohawk Tribe and gaming giant Park Place Entertainment X finally has all parties focused on bringing gaming to the once famed "Borscht Belt.
CHICAGO-Property owners are beginning to offer better concession packages that include more generous tenant improvement allowances and even some rental abatement in order to remain competitive in the market.