Business Specialties
Labor Dispute Prompts Ammunitions Manufacturer to Build $100M Facility in Mississippi
Olin Corp., following failed union negotiations with workers, has decided to relocate its Winchester Centerfire Operations–and the accompanying 1,000 jobs–from East Alton, Ill., to Oxford, Miss.
Comcast Negotiates 130,000 SF in South Florida
Having inked three leases in South Florida, Comcast Corp. has lifted the moribund-as-of-late market.
Midterm Elections: Two Years Later, More Change is in the Air–Or Not
When the 111th Congress met in January 2009, the Democrats had it all–the House of Representatives and the Senate, not to mention the Executive Office. But when the 112th Congress meets in January 2011, it’s going to look a little bit different.
St. Louis Organization Seeks Incentives Approval to Win Yet Another Express Scripts Expansion Project
The St. Louis Economic Development Council has submitted a request to St. Louis County for an incentives package designed to encourage Express Scripts Inc. to build its new $63 million facility in its own backyard.
Capital Markets Chair Ousted in Election
As part of the many high-profile ejections in the elections, Democratic Rep. Paul Kanjorski was ousted by Republican Lou Barletta in Pennsylvania’s 11th District. Kanjorski, a House veteran of more than a quarter century, was an advocate of establishing a federal insurance office and authored significant parts of the Wall Street reform bill.
Salesforce.com Pays $278M to Develop 2 MSF San Francisco HQ
The enterprise cloud computing company has just closed its purchase of 14 acres in the Mission Bay neighborhood.
HFF Closes $44M Refinancing for Manhattan Retail Condo
The refinancing is on a retail condominium at 599 Broadway in Manhattan’s SoHo area.
AOL to Pocket $144.5M from CB Richard Ellis Deal
The Internet services provider will sell its 700,000-square-foot Pacific Corporate Park as well as 22 acres of developable land.
Economy Watch: Foreclosures Going Strong in 3Q
Foreclosure slowdown? What foreclosure slowdown? That’s the takeaway from Thursday’s third quarter 2010 Metropolitan Foreclosure Market Report by foreclosure specialist RealtyTrac.
Half-Billion in Financing Closes for 880,500-SF Government-Leased Portfolio
Funding, part of which was actually completed in late 2009, for the four-property portfolio comes in the form of a $271 million construction loan and $256 million in permanent financing.