Runways to Open at Dulles, OHare and Sea-Tac

Airports Council International–North America (ACI-NA) applauded the opening of three new runways at major hub airports this week, and commended the airports and the Bush Administration for helping to reduce delays and increase aviation efficiency and capacity. Dulles, O’Hare and Seattle-Tacoma International Airports all celebrate new runway openings on November 20. Department of Transportation Secretary Mary Peters and Acting Federal Aviation... 

Prime Group Realty Trusts Continental Towers Named BOMAs Suburban Chicago Outstanding Building for the Fourth Time.

Prime Group Realty Trust Chicago-based real estate investment trust (REIT), announced today that the premier, Class A, 975,000 square-foot Continental Towers office complex in Rolling Meadows, IL, controlled and managed by Prime Group Realty Trust, was recently named “The Outstanding Building of the Year” (TOBY) for the Chicago Suburban market by the Building Owners and Managers Association (BOMA) of Suburban Chicago. This is the fourth time in... 

VINCI Wins a Tunnel Construction Contract in the United States

Construction Grands Projets, leader (65 %) of a joint-venture with the American contractor Frontier-Kemper Constructors Inc. (35 %), recently signed a contract with the City of Detroit (Detroit Water and Sewerage Department) to build a tunnel for carrying treated wastewater from the city for discharge into the Detroit river. This contract, worth US$299 million (around €230 million), involves digging a 1.9km tunnel with an interior diameter of 6.5m... 

Thanksgiving Day Feast at the Renaissance Waverly Hotel

The Renaissance Waverly Hotel, 2450 Galleria Parkway, Atlanta, Georgia 30339, is offering a lavish Thanksgiving Day Feast in the hotel’s sun-drenched Atrium lobby. Hours of service will be on Thursday, November 27, 2008 from 11:00 a.m. until 2:30 p.m. For 25 years, the Waverly hotel in Atlanta, GA’s bountiful buffet has been a Thanksgiving tradition for local residents and out of town visitors alike. “Our 14 story atrium offers our... 

Trulia.com and Placecast Partner to Increase Relevance of Ads With Audience Targeting and Dynamic Messaging

As advertisers and publishers seek ways to improve performance to compensate for shrinking budgets, new technologies like location-based advertising provide a means of improving relevance and response rates. Today, leading real estate site, Trulia.com, and interactive media company, 1020 Placecast, have announced their partnership, using location information to target specific audiences for advertisers and deliver more relevant messages to them on... 

AMB Property Corporation(R) Stabilizes Lyon, France Development With 264,000 SF Lease

AMB Property Corporation, a leading global developer and owner of industrial real estate, announced it has stabilized its AMB Isle d’Abeau Logistics Park C development in Lyon, France with a 264,000 square foot (24,500 square meter) lease agreement with Wincanton, a leading European supply chain solutions provider. Lyon is France’s second largest metropolitan area and the primary distribution hub for goods entering Europe via the port... 

Solidere International Takes Ajman’s Al Zorah to MIPIM Asia

Solidere International, one of the most prominent master and urban developers in the region, will bring its unique development initiatives to MIPIM Asia, the international property exhibition taking place at the Hong Kong International Convention & Exhibition Centre from November 19th to 21st. MIPIM Asia provides an exclusive platform for local developers to network with regional and international investors looking for opportunities in the Asia-Pacific... 

AMB Property Corporation(R) to Host a Los Angeles Property Tour on November 18, 2008

AMB Property Corporation a leading global developer and owner of industrial real estate, will host an investor and analyst tour on November 18, 2008 in Los Angeles. Thomas S. Olinger, AMB’s chief financial officer, will present at 10:30 AM EST/7:30 AM PST at the Sheraton Gateway Los Angeles. His presentation will include details regarding the company’s current liquidity and financial condition. Following the presentation, attendees will... 

South Korea’s Songdo International Business District Sets Global Standard as ‘Eco-City’

New international standards are being set by Gale International in sustainable building design, systems engineering, and urban infrastructure and planning with Songdo International Business District (IBD), a new city currently under construction off Incheon, South Korea, on the Yellow Sea. Songdo IBD is a joint venture between Gale International and Posco Engineering & Construction and is the largest private development in the world. Songdo IBD,... 

AMB Property Corporation(R) Provides Update on Liquidity, Financial Resources and Changes in Dividend Policy

AMB Property Corporation a leading global developer and owner of industrial real estate, announced steps taken to further strengthen the company’s financial position and to address the subject of liquidity and financial condition. “As we discussed during our third quarter call, AMB’s priorities are: first, our balance sheet; second, controlling expenses; and third, managing the business for the long term. We believe we are well-positioned...