Closures & Layoffs (Aug. 10-16): Thousands of Dealerships At Risk
In this week's issue:Double-digit declines in auto dealership ranks possible.Soft mattress economy.The two worst things you can be in right now.Plus we report on company closures and layoffs in: Connecticut, Kansas, Kentucky, Louisiana, Michigan…
Battleground Ave. Retail Property Changes Hands
Triad Wenstar Realty LLC acquired 2517 Battleground Ave in Greensboro from BMH Battleground LLC for nearly $1.03 million, or about $199.50 per square foot.The one-story, 5,134-square-foot retail building was built in 1978 and is in the Northwest Guilford…
Heritage museum to host Civil War Days
The Henderson County Heritage Museum will be the site of Civil War Days with rare artifacts, exhibits and re-enactors Saturday and Sunday.
Property Finance (Aug. 10-16): Tighter and Tighter
In this week's issue:Banks keep tightening the credit vice.Plus we give you new property finance deals and a valuable leads list of loans maturing in the next 12 months in: Laurens, Unadilla and New York, NY; Elyria and Medina, OH; Camp Allen and…
Greif Acquires Greensboro Facility for $3.5M
Industrial packaging manufacturer Greif acquired 7205 Cessna Drive in Greensboro, NC, from US Corrugated, also a packaging producer, for $3.5 million or about $36 per square foot.The two-story, 97,254-square-foot industrial building was built in 1981…
Watch List (Aug. 10-16): Defaults Delayed
In this week’s issue:Forebearances and extensions are delaying defaults.PBGC in the market for real estate advisor.U.S. real estate auction business gets no bid.Third quarter starts out poorly for JPMorgan.Senior executives exiting Capstone…
Under Contract (Aug. 10-16): $849 Million in Deals
In this week’s issue: we give you the latest properties Under Contract in: Huntsville, AL; Marysville, and Castaic, CA; Washington, DC; Wheaton and Schaumburg, IL; Lexington, KY; Charlotte, NC; New York and Hudson, NY; West Conshohocken and Phoenixville…
Expansions & Relocations (Aug. 10-16): Fountain Filling
In this week's issue:Tenet Healthcare leases 165,000 SF of office space in Dallas.Plus, we give you expansion news of: AeroGrow International, Aetna, Aronson & Co., Art.com, EZ Access, Forestar Real Estate Group, HCL America, Medical Capital, NJVC…
High Point Facility Changes Hands for $1.85M
The warehouse at 2600 Surrett Drive in High Point sold for $1.85 million or $28 per square foot in a transaction between two local investors.The 65,220-square-foot, fully leased industrial facility was built in 1982 and in the Northwest Randolph County…
Greif Acquires Greensboro Facility for $3.5M
Industrial packaging manufacturer Greif acquired 7205 Cessna Drive in Greensboro, NC, from US Corrugated, also a packaging producer, for $3.5 million or about $36 per square foot.The two-story, 97,254-square-foot industrial building was built in 1981…