Azco will exploit silver and gold deposits in Southwest NM
AZCO Mining Inc. says it will proceed with the production of its Summit silver-gold deposit in southwestern New Mexico after receiving positive pre-feasibility study results.Atlanta buyer pays $3.7 million for historic downtown building
An Atlanta buyer paid $3.7 million for a downtown office building at a prime Fourth Avenue and Union Street location.Bullish real estate economist to step down
Read full story for latest details.Roebuck shopping center sells for $11.5 million
A 152,000-square-foot shopping center in Roebuck sold for $11.5 million to private investors from Florida.A&B revenue up, profits down
Alexander & Baldwin Inc. reported Monday that increased volume in its shipping service to China, along with gains in real estate leasing, led revenue gains in the first quarter, but overall profits fell.Innovation Depot opens its doors
The Innovation Depot, a high-tech and biotech incubator in downtown Birmingham, opened its doors Monday to the first round of tenants.San Mateo Plaza sold for $48.5M
Valley broker NAI BT Commercial said Monday that San Mateo Plaza sold for $48.5 million, or about $351 per square foot.Everest Partners split and compete for Boston-area assets
The founding partners of New York-based Everest Partners LLC have decided to go their separate ways and compete against each other for commercial real estate assets in Greater Boston.Vacancy rate for industrial properties drops
The vacancy rate for industrial space fell in Jacksonville by more than a percentage point in the first quarter. That drop -- from 6.2 percent in the fourth quarter of 2006 to 5.1 percent -- came in the midst of a national industrial market characterized as "sluggish" by Colliers International.Historic Hampden building acquired by media firm
The owners of publishing firm Media Two Inc. have acquired the former Grace Hampden Methodist Church in northwest Baltimore for about $2 million, company president Jonathan Witty said Monday.Universal expands theme park kingdom to Dubai
Universal Parks & Resorts said Monday it will develop a 6.5 million-square-foot theme park as part of Dubailand, an expansive 22 million-square-foot development in Dubai, which is part of the United Arab Emirates.Vacation home sales on the rise as investors take a break
The National Association of Realtors reports that sales of investment properties fell nearly 30 percent last year from a record 2.3 million investment sales in 2005.OSU biz school dean named interim provost
Ohio State University has chosen the head of its business school to serve as interim provost.Florida Bank Group names new CEO
Florida Bank Group Inc. has hired Corey J. Coughlin, a 37-year Florida banking veteran, to head the bank as chief executive officer.Hillsboro Promenade sale tops real estate news
The $10 million sale of Hillsboro Promenade tops the list of commercial real estate transactions this week.Mortgages that put you in charge
There's a new kind of mortgage in town - and it's very limber.Homes: Big drop in speculation
After years of big increases in the buying of real estate for investing, speculators fled many housing markets last year.ScanSource closes on Southaven warehouse
ScanSource Inc. has signed a 10-year lease with Industrial Developments International for 600,000 square feet at Stateline Business Park in Southaven, Miss.Stewart Information Services makes key appointments
Stewart Information Services Corp. has made several key appointments at Stewart Title Guaranty Co., the real estate transaction company's primary underwriter.S.C. Hondros founder retires
Spiro Hondros, founder of S.C. Hondros & Associates Inc., has retired and sold the Charlotte general contracting firm to seven senior associates.Duke leases 75,000 SF in downtown Durham
Duke University's Office of Research Administration has leased more than 75,000 square feet of space in downtown Durham, officials at Raleigh commercial real estate firm Grubb & Ellis/Thomas Linderman Graham said Monday.Real estate wrap: King of Prussia properties leased
Industrial Investments, an Ambler, Pa., owner of warehouse and distribution properties, snagged five leases for three of its buildings in King of Prussia, Pa. Three deals at 421 Feheley Drive were:
Winter Haven industrial property sells for $28.75M
A 52-acre industrial park in Winter Haven has been sold for $28.75 million.
Hot market for offices kept up in 1st quarter
The first quarter brought the most fevered trading yet in what was already a heated market for Bay Area office buildings, industry players said, underscoring expectations that rents will continue to grow quickly.Add this blog to:
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