Commercial Real Estate | Index | Research Park Champaign | Commercial Property Buffalo New York | Unt Research Park | El Segundo Office Space | Kapolei Business Park | Commercial Loan | Commercial Property Sell | Industrial Parks Developers line up for Rudd Bank cash (Business Day) Driver found dead following accident on Industrial Park Road (The Times West Virginian) REIT Yields at Near-20-Year Highs (Zacks.com via Yahoo! Finance) Real Estate Roundup: Rivergate signs Colgate Palmolive Co. (BizJournals) Colonial Properties closes $350M credit facility (AP via Yahoo! Finance) Sharps Compliance inks first lease at Park 288 (BizJournals) Commercial real estate (Houston Chronicle)
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CURRENT NEWS AND INFORMATION
THE country's big property companies have begun presenting their case for taxpayer support from the Australian Business Investment Partnership, the $4 billion venture between the Federal Government and the big four banks established to help commercial property players refinance their debts.
The driver of a Dodge Ram pickup truck was found dead on scene after an accident on Industrial Park Road Saturday night.The vehicle was found in Booths Creek, and Captain Jim Emerick of the Fairmont Fire Department said the driver, who was the only occupant of the vehicle, was dead when emergency responders got to the scene.
While the yields are attractive, many companies have cut their dividends over the past couple of quarters, and the pain is not over.
Colgate Palmolive Co., the New York-based household goods giant, has signed a five-year lease covering 151,025 square feet at Trammell Crow Corp.’s Rivergate Corporate Center. The lease includes two five-year extensions. The facility will serve as Colgate Palmolive’s Pacific Northwest distribution facility. (CL) (GME)
Colonial Properties Trust said Monday it closed a $350 million credit facility with Fannie Mae to pay most of the outstanding balance on an unsecured credit line, improving liquidity.
Sharps Compliance Corp. has leased roughly 65,000 square feet in the new Park 288 industrial development in South Houston to become the project’s first tenant.
Commercial real estate transactions.
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