DJM Realty to Dispose of All Remaining Linens n Things Retail Store Leases and Distribution Centers in the U.S.

DJM Realty, a Gordon Brothers Group Company, announced that it has been selected to manage the national disposition of the remaining Linens ‘n Things 371 retail store leases and 3 distribution centers. The home furnishings specialty retailer Linens ‘n Things operated 551 U.S. locations in the beginning of 2008. On May 2, 2008, Linens ‘n Things filed to reorganize under Chapter 11 and since then DJM Realty has been disposing of the... 

Zero Energy Home Participates in Green Buildings Open House

ZeroEnergy Design, an architectural design and mechanical engineering firm, will be showcasing their newly completed net zero energy home as part of both the 2008 Green Buildings Open House held annually by the Northeast Sustainable Energy Association (NESEA) and the National Solar Energy Tour held annually by the American Solar Energy Association (ASEA) as sponsored by the US Department Of Energy. Zero Energy Home The modern Cape Cod residence utilizes... 

Urban Restaurant and Retail Marketplace Plans to Open in Summer 2009

U.S. Equities Realty, a leading full-service commercial real estate firm, announced today that it is beginning construction on MetraMarket. Connected to the Ogilvie Transportation Center in the West Loop, MetraMarket is a 100,000-square-foot restaurant and retail development that will enliven the area through its eclectic mix of dining and shopping options. Several of MetraMarket’s tenants are scheduled to open in summer 2009. MetraMarket will... 

Interstate Electrical Awarded Autodesk Build-Out Project

Interstate Electrical has been selected by Tocci Building Corporation to be a member of the team that will execute the first IPD (integrated project delivery) project in the Northeast. IPD combined with effective Building Information Modeling (BIM) is a revolutionary and much more efficient way of developing, managing and delivering a construction project. In its purest form, IPD utilizes a common contract that extends to all participants such that... 

Hilton Garden Inn Celebrates Milestone 400th Hotel Opening at Ottawa Airport Location in Canada

Hilton Garden Inn®, one of the fastest growing brands that is part of the Hilton Family of Hotels, announced today the milestone opening of its 400th location, the Hilton Garden Inn Ottawa Airport in Ottawa, Ontario, Canada. The hotel represents the newest addition to the brand’s growing portfolio of hotels throughout North America and Europe. The Hilton Garden Inn Ottawa Airport is operated by Bona Building and Management, Ltd., under a license... 

AvalonBay Announces Formation of a New Investment Management Fund

AvalonBay Communities, Inc. announced the formation of AvalonBay Value Added Fund II, L.P., a private, discretionary investment vehicle with commitments from four institutional investors and AvalonBay Communities, Inc. (“AvalonBay”). Fund II will acquire and operate multifamily apartment communities primarily in AvalonBay’s high barrier-to-entry markets of the Northeast, Mid-Atlantic, Midwest, and West Coast regions of the U.S. with... 

Green Depot Opens Showroom on Long Island

Green Depot, the Brooklyn-based supplier of environmentally friendly and sustainable building products, services and solutions, is opening its newest showroom space on August 28 in Greenport, N.Y., on the North Fork of Long Island. The store, Green Depot’s fifth on the East Coast, second in New York and first on Long Island is located near the northeastern tip at 67380 Main Rd./CR-48 in Greenport. Green Depot showcases the very best of green building... 

Business Park Serving Los Angeles and the Inland Empire is Acquired by Koll/PER Partnership for $39.9 Million

A 313,367-square-foot, multi-tenant business park that straddles the county line between Los Angeles and San Bernardino counties in Upland, Calif., has been acquired for $39.9 million by Koll/PER, a limited liability company owned by The Koll Company, the Newport Beach, Calif.-based real estate acquisition, development and management firm, and the Public Employee Retirement System of Idaho (PERSI). Consisting of 17 single-story industrial, office... 

Tri-C students take honors in tooling, machining contest

Students in the Machine Trades Apprenticeship program at Cuyahoga Community College in Cleveland were recently recognized by the National Tooling and Machining Association (NTMA) for receiving three top regional honors in the “Best Apprenticeship” contest. David Apger, who works at Christopher Tool in Solon, placed first; Jeremy Haberman at Lunar Tool Company in North Royalton, placed second; and third place went to Ken Phillips of Christopher... 

Sale prices high on Iowa farm machinery auction

Playing sports, especially growing up, teaches us many important lessons. Think back to those prattle on speeches from your old coaches that caused us to roll our eyes. “Failing to prepare is preparing you to fail.” Corny yes, but so very true. I think of an auctioneer friend of mine, Dean Eastman from northeast Iowa. Dean had a very nice farm auction last Saturday. I dropped him an email wondering how things sold. His response back really...