Thursday, August 27, 2009

8/27 bizjournals Commercial Real Estate: News

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Groundbreaking set for Road E
August 26, 2009 at 4:47 pm

Construction on southeast Orlando's Road E, which is expected to link Innovation Way with State Road 528, is set to begin on Sept. 2.

Broe's InSite sells interest in 36 medical-office properties
August 26, 2009 at 4:22 pm

InSite Medical Properties of Denver said it has sold its interest in two medical-office portfolios in nine states to its joint-venture partner in the portfolios, Nationwide Health Properties Inc. (NHP)

Sunwest plans bankruptcy and property sales, eyes public offering
August 26, 2009 at 3:54 pm

Jon Harder, founder of Sunwest Management Inc., and former executives Darryl Fisher and Wally Gutzler could retain up to 25 percent ownership in the troubled company and could profit from an initial public offering if a plan filed late Tuesday in Oregon's U.S. District Court wins approval.

Racine County issues $4.3M in stimulus bonds
August 26, 2009 at 3:16 pm

Robert W. Baird & Co. Inc., an employee-owned wealth management and asset management firm in Milwaukee, said Wednesday that it has completed a $4.3 million bond issue for Racine County.

D.C. Department of Housing and Community Development picks housing projects for funding
August 26, 2009 at 2:48 pm

The D.C. Department of Housing and Community Development has chosen to fund the construction or rehabilitation of 668 homes in 10 affordable housing developments with a mix of local and federal stimulus funds.

Construction materials industry contributes $5B to NY annually
August 26, 2009 at 2:07 pm

The construction materials industry in New York generates $5 billion a year, more than any other manufacturing industries, according to a new report.

Miami's River Oaks Condo faces foreclosure
August 26, 2009 at 2:02 pm

IStar FM Loans has filed a foreclosure lawsuit against the developer of the River Oaks Condominium project in Miami

Integra Realty Resources Chairman Nunnink dies at 57
August 26, 2009 at 1:23 pm

Kevin Nunnink, whose name was synonymous with real estate appraisal in the Kansas City area, died Tuesday at Saint Luke's Hospital. He was 57.

Positive Energy subleases space in Arlington
August 26, 2009 at 12:09 pm

Positive Energy will more than double its size in Arlington.

Williams-Sonoma ekes out profit
August 26, 2009 at 12:04 pm

Cost cuts allowed retailer Williams-Sonoma Inc. to eke out a profit in the quarter ended Aug. 2, even though its sales dropped. (WSM)

Concord Hospitality buys piece of Ocean Sands Resort & Spa
August 26, 2009 at 10:34 am

Concord Hospitality Enterprises has made its first foray into the full-service resort business, buying an ownership stake in an 88-unit, all-suite hotel and spa in Pompano Beach, Fla., the Raleigh-based company said Wednesday.

Select Comfort shareholders to vote on new ownership
August 26, 2009 at 10:19 am

Shareholders for troubled bed maker Select Comfort Corp. will vote Thursday on whether to accept new ownership of the company. (SCSS)

Turner index: Construction industry costs down 2% in 3Q
August 26, 2009 at 10:18 am

A key index of construction industry costs decreased 2.03 percent in the third quarter of 2009 compared to the second quarter.

Murphy Tractor & Equipment will build $5M center in Kansas City
August 26, 2009 at 9:59 am

Murphy Tractor & Equipment Co. will build a $5 million sales and service center in the Hunt Midwest Business Center in Kansas City and move there next year from leased space near Interstate 435 and Front Street.
 

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