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March 8, 2010




 
NAI Daus unit buys property management division of Akron's ASW Properties
The head of NAI Daus said the acquisition 'is in line with our mission and real estate service offerings.'
10:17 am March 9, 2010

Developers Diversified receives $83 million in notes under tender offer
The real estate company's tender offer covered nearly $507 million of notes.
1:59 pm March 4, 2010

Forest City Enterprises swaps big chunk of debt for preferred stock
Separately, the real estate giant said high-end retailer Saks Inc. has pulled out as a planned tenant of a big mixed-use development in New York.
8:25 am March 4, 2010






Panzica Construction wins $9.9 million contract for rec center in Collinwood
It would be the first new recreation center in the city of Cleveland since 1997.
1:46 pm March 3, 2010

MFS Supply opens warehouse in California
The Solon-based provider of lock boxes and property management supplies said the new distribution center will decrease shipping time and cost to West Coast customers.
1:53 pm March 1, 2010

Leader Building owner gets reprieve from foreclosure  
Leader Building owner gets reprieve from foreclosure
In a new and rare public development during the real estate credit crunch, the lender that recently instituted a foreclosure action against the owner of the Leader Building in downtown Cleveland...
4:30 am March 1, 2010

Seattle's LMN Architects selected to design Cleveland convention center, medical mart
The West Coast firm beat out two other architects to create the basic design and schematics for the $400 million complex.
2:22 pm February 25, 2010

Developers Diversified Realty makes offer for more than $500 million in notes
The REIT that specializes in shopping centers is looking to buy three different series of its notes.
10:21 am February 24, 2010

Forest City Enterprises to sell stake in University Park assets to Health Care REIT
The Cleveland-based real estate giant said the big, Toledo-based real estate owner has agreed to buy a 49% interest in seven life science buildings at the mixed-use project in Cambridge, Mass.
9:04 am February 23, 2010

Forest City eyes Pepper Pike change
In the hope that less may prove more after the collapse of the new-home market, Forest City Enterprises Inc.
4:30 am February 22, 2010

Downtown delight  
Downtown delight
Despite a spate of building foreclosures downtown, a handful of new food and retail ventures have taken root along Euclid and Prospect avenues between East Ninth Street and Public Square.
4:30 am February 22, 2010

Developers Diversified CEO Hurwitz outlines REIT's planned focus
Just two months into the job, Dan Hurwitz said the company would eschew large portfolio acquisitions in favor of developing a 'prime portfolio through prudent and strategic transactions.'
4:51 pm February 19, 2010

Developers Diversified Realty reports smaller fourth-quarter loss
The REIT also has removed the 'interim' tag from the title of its chief financial officer.
9:07 am February 19, 2010

 
> Equipment from Twinsburg Chrysler plant likely to go on auction block
> Cliffs Natural Resources prices $400 million notes offering
> Acme Express Inc. lands $550,000 innovation grant
> Quality Electrodynamics receives $487,000 federal contract
> Wells Fargo Advisors bolsters Pepper Pike office
> Jo-Ann Stores posts big jump in fourth-quarter earnings, sees better fiscal 2011
> University of Akron names Ohio State executive as provost
> Summa Health System to spend $65 million to upgrade emergency services
> OM Group Inc. secures $250 million revolving loan
> Babcock & Wilcox unit forms joint venture in India
> Cliffs Natural Resources adds Ferro Corp. CEO to board
> Entrepreneur Tim Mueller 'strongly' contemplates run for Cuyahoga County exec

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