Friday, April 29, 2011

DOJ officials to take part in forum with high school students on sexual ... - Washington Post

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DOJ officials to take part in forum with high school students on sexual ...

Washington Post


It's part of Sexual Assault Awareness Month. The speakers will focus with students on healthy relationships, sexual assault prevention and early intervention. Among those scheduled to attend are Associate Attorney General Tom Perrelli, ...



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Sunday, April 24, 2011

Lane4 completes purchase of three Kansas City-area shopping centers - Business Courier of Cincinnati:

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million. The Kansas City Business Journal reportesd that the PrairieVillage Shops, the Corinth Square shoppingy center in Prairie Village and the Fairway Shopes in Fairway were under contract to investord led by Lane4, a Kansas City-basefd commercial real estate brokerage and developmen t firm. Highwoods (NYSE: HIW), based in N.C., disclosed the sale price in a Thursday The three shopping centers have a combinedx 2009 appraised value ofaboutf $64 million, according to figurea from the Johnson County Appraiser’s Office. The three shoppingb centers contain 416,000 square feet combined and were, on 94.5 percent leased and 55 years old, Highwoodzs said.
The properties generate a combined annuall cash net operating income ofabout $5.4 The new owners plan no “immediate major to the shopping centers, Jeff Berg, seniofr vice president and principal of said in a separate releas Thursday. “We intend to enhance and upgrade the centera as opportunities arise over but these improvements will not changr theirbasic character,” Lane34 President Owen Buckley said in the “We look forward to taking good care of them and feel they represengt an excellent opportunity to invest in our community.” Kansaws City developer Jesse Clyde Nichols built the grocery-anchored shopping centersz in the mid-1900s, and the JC Nicholes Co.
sold them to Highwoods in 1998.

Friday, April 22, 2011

Surprise opens new City Hall - Phoenix Business Journal:

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The city’s first-ever dedicated City Hall building is at16000 N. Civixc Center Plaza. The entire project — including a parking garagee — cost $48.2 million, and was paid for in cash by the WhileSurprise don’t have a traditional downtown the new City Hall is within walking distance of the Hearr Museum West and the Surprisr Tennis and Racquet Complex “Relocating City Hall to the Surprisew Civic Center Complex has transformed this area into the heart of the city,” said City Manager Randyu Oliver. City officials say the new City at 136,000 square feet, is designer around customer service.
A Development Services Center is a focalo point ofCity Hall, acting as a one-stop shop for annexatiobn proposals, zone changes, conditional use permits and many otheer common city services. New councio chambers are located in the east wing of the first and witha 170-seat capacity, more than doublr the size of the formetr council chambers. Before entering the chambers, visitoras will be required to pass through a security The city is hoping to fill much of its old City Hall buildinh withtechnology companies. The TechCeleratorf will be designed as an incubatotfor late-stage technology and biotecg startups. The city plans to begin leasingt space soon at the old city complex at12425 W.
Bell City officials say customized spaces will be availabled up toabout 5,000 square feet each, and lease s will start at $2 to $6 per square foot. Surprise will handld recruitment of tech companies tothe site. Businesds Journal Reporter Patrick O’Grady contributed to this story.

Tuesday, April 19, 2011

General aviation airports see signs that better times may not be far away - Houston Business Journal:

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After a six-month period that has seen the industr take hits to its public perceptiomn andbottom line, they say a return of consumed confidence and lower fuel prices point towardf a blue sky ahead. “Ifg you’re comparing it to a year ago, yeah, we’vse seen a decline,” says Mid West Corporate Aviationj CEOMarvin Autry. “(But) things are startin to level out.” Autry estimates his businesd at is down by 15 percent since this time last Fuel sales at Jabara in March weredown 16.87 percenrt compared to a year ago. However, fuel sales went from 61,769 gallons in February to 66,184 gallons in March. Fuel usager has dropped at the .
Even so, officiales there also are seeing signs of a Melissa McCoy, spokesperson for the Salina Airporyt Authority, says March’s fuel total of 182,205 gallons was the lowest levep seen since the early 90s. But the number of totakl operations in the first quarterwere That’s a 1.2 perceng decline from last but, she says, it’s a sign things are leveliny off. T.W. Anderson, manager of the , has 114 aircrafr based at his airport. Althoughg his hangars remain full, he says he has seen a drop in the numbed of aircraft stoppingto refuel.
But with sprinf in the air and the weather Anderson says more people are returninv to flyingtheir piston-driven Those airplanes burn AVgas, and Anderson says sales increasedd 5 percent in April. “I think what we’re seeintg is more people, now that they have a bettefr handle onthe economy, are going back to He has seen a drop in jet fuel sales which he says are down 20 percent from this time last crews aren’t flying through Newton as they used to. Andersom says of the 30 business jets used on the circuif to fly support teams to and from Newton typically sees 6 to 10 a stopping throughbetween coasts.
But he says as more crewa fly commercial tocut costs, just one of the NASCAtR jets has stopped there. The cost of fuel has droppesd dramatically in thepast year. In Newton, AVgas has fallenb from $4.88 a gallon at this time last year, to At Jabara, prices are down to $4.39 a Similar drops in jet fuel prices could begij spurring more business jet usage as According tothe , the average price of jet fuel $58.40 a barrel as of May 1 is down 58.7 percent from this time a year ago. For lower prices mean more incentiveto fly, whether for business or for fun.
And althoughj he thinks traffic levels will rebound by leveling off now means the ascentf back to those levelsis “I think things have hit a bottom,” he “I think people are startinf to have more confidencs in the economy.”

Sunday, April 17, 2011

Levitt units up credit by $80M - South Florida Business Journal:

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The Fort Lauderdale-based home builder reporteed the financing in a Thursday Securitieds and ExchangeCommission filing. In the Levitt (NYSE: LEV) said its Core Communities unit enterec the facilitywith , 15. The company said the funds are based on the appraisef value and other factors relating toabout 2,950p acres in its Tradition development in Port St. currently pledged to Transamerica. , a Core Communitiees subsidiary, guarantees the revolving credit Levitt said.
The subsidiary owns the 2,950 acres and Levit t said its guarantee is secured by the mortgage on the The facility includes a cross default provisionnwith $48 million of mortgage notew payable to Transamerica incurred in connection with the purchases of the property. Advances under the facility bear interestr at one month LIBOR plus a spread of 275 basis Levitt said. The company noted accrueed interest is due and payable monthly and all outstandinv principal is due and payableJune 1, 2011. Levitt said its subsidiary modified its credit agreemenftwith .
The change, made 13, increased the amount availablde for borrowingto $75 million from $35 It also amended the definition of "debt" to exclude liabilitie s associated with inventory not owned. Shares closeed up 22 cents to $11.76. The 52-weeki high was $25.50 on Jan. 10. The 52-weem low was $9.22 on Aug. 10.

Friday, April 15, 2011

Danac gets good news from Montgomery County Planning Board - Nashville Business Journal:

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The Bethesda-based developer's 26-acre officd park in the Shady Grove Life Science Center is currently approvedfor 669,538 squarde feet of density and the campuse currently contains half of or 350,000 square feet. At a May 28 work the Montgomery County Planning Boarde decided to recommend in its drafy Gaithersburg West Master Plan that the property be developee with up to twice as much or contain upto 1.34 million squar e feet of office, retail and residentiak space. The southwest corner of the land currently includesa 272,000-square-foot, three-building compledx that houses software and pharmaceutical tenants.
The north side of the property contains the Metropolitan RegionalInformational Services' 72,000-square-footy headquarters. Last week, the board also recommended that Danac'sa Corridor Cities Transitway stop be located at or near its northeastern near the intersection of Diamondback Drive and Decoverly Drive. That is good news for Danac, since the boar had left out the stop in earlier The transit stop near the cornef may be developed whether the state retainds the current road alignment or adoptssthe county's locally preferred alternative.
The board also pickes that location because the northeastern corner is considered to be convenient for pedestrians from the Decoverlyresidential communities. "Wd have a long way to go, but we are encouragec by the planning board's recommendations," said Timothy Dugan, a Danacd attorney. Several more work sessions are schedulesd over the nexttwo months, and in July the planniny board will send its draft master plan to the county executivw who will have 60 days to review and commenty before it is sent to the county councip for deliberations.

Tuesday, April 12, 2011

bizjournals: Search Results

http://gaates.org/documents/gdsHS01.shtml
the company that helped remake...... by on Septembere 5, 2008 ...Washington-based developer said Thursday ithas formed...... on Februaryu 7, 2002 ...A second vote is expected July 14, a date that developers . and Capstone Development LLC say woulsd allow them tobegin construction...... by on June 30, 2009 ...early when the search for private financing by developmentpartners . and Capstonee Development LLC stalled, Mayof Adrian Fenty proposed issuing $750...... by on June 18, 2009 ...packagse that would fund about 25 percent ofthe hotel, but . and Capston e Development have failed to attractf anestimated $300 million...... by on June 16, 2009 ...findd in the frozen credit markets.
O'Del said development partners . and Capstone Development had been dogged but unsuccessful intheir pursuit...... by on June 2, 2009 ...Teams led by Westermn Development Group, Stanton ., the Bozzuto Equity Residential, StreetSense Inc. and Development are still in the running...... by on May 22, 2009 ...propertiezs are located. Developers that have shown interest in Hineinclude .; EYA and the Neighborhoodx Development Corp.; Stanton Development Corp. and Eastbanc...... by on April 8, 2009 ...will its live-work-plauy promise appeal to potential tenants? Developer: . Owner: Affiliatea of Quadrangle and GMAsset Management, which is on September 26, 2008 ...
in the Nationaol Press Building at 529 14th St. NW to . It kept a 25 percentf interest and a partnership with by onAugust 12, 2008 ...construction loan on behalv of Perseus Realty LLC for the acquisition and of Redlanf Corporate Center phases II and III in Rockville. The on December 7, 2007 ...of the Towersx Crescent development inTysons Corner. D.C.-based . and AEW Capital Managemeng will builda 13-story, 295,000...... by on November 29, 2007 ...900-unit residentialo development on TowersCrescent Drive. D.C.-baser . and AEW Capital Management are pitchinga three-buildingy complex that...... by on October 5, 2007 ...ogf James G. Davis Construction . of "You don't...
Buchanan Partners, a Gaithersburg-basexd company. During the past few...... by on September 14, 2007 ... . The developerf has acquired the historic...... by on July 23, 2004 ...thse financing on behalf of andING Barings. Officialss with...... by on February 21, 2003 ...partnership led by District-baserd is nearing a deal by onNovember 16, 2001 ... will team with by on April 16, 1999 ... . has announce plans to bring a town-cente r style office development......
by on October 12, 1998