Primaris Retail REIT announces today its November 2008 monthly distribution in the amount of $0.1016. Payment will be made on December 15th, 2008 to holders of record as of December 1, 2008. In addition, unitholders who elect to participate in the DRIP will receive a further distribution, payable in units, equal in value to 3% of each cash distribution reinvested by them. The price at which units will be purchased with such cash distributions is based...
Stirling Sotheby’s International Realty Global Commercial Group (www.StirlingCommercial.com) in conjunction with Stirling Sotheby’s Auction Services (www.stirlingsir.com/auctions/) will host a worldwide auction of more than 30 Florida commercial properties on Dec. 17 in Orlando, Florida. Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty, said most of the properties to be auctioned are within an hour’s...
Younan Properties, Inc., one of the nation’s largest privately-held real estate investment and asset management companies, announced that it has appointed Andres R. Gavinet to the new post of Chief Financial Officer. Mr. Gavinet will leverage his significant real estate experience to support Younan’s growing portfolio of nearly 15.0 million square feet of Class A office space. According to Zaya S. Younan, Chairman and CEO of Younan, “Andres...
Responding to customer requests and positive customer comments, Pegasus Associates Lighting continues to add highly sought after, energy-efficient LED products to its e-commerce web site. Today, the company introduced four new LED fixtures to its expanding LED light fixtures web site section. The new LED products include three LED recessed mini swivel lights and an award-winning LED 4-inch recessed downlight. The newly introduced 4-inch LED recessed...
Offering classic street lighting styles for a broad range of applications, Schréder Lighting USA introduces Albany luminaires with the world-famous Sealsafe® Optical System. Schréder Lighting USA, the newest of the 40-member Schréder Group G.I.E. located in 36 countries on four continents, is marketing the Schréder brand in the fields of Public Lighting, Floodlighting, Tunnel/Transit Lighting, Industrial and Urban Lighting. A classic of the Victorian...
A growing number of companies are seeking the benefits of “green cleaning” as a way to enhance employee health and productivity and to have a positive impact on the environment, according to ABM Industries Incorporated, one of the United States’ leading facility services contractors. The need for green cleaning is acute: According to the Environmental Protection Agency, Americans on average spend 90 percent of their time indoors – and poor...
ProLogis the world’s largest owner, manager and developer of distribution facilities, announced today that it will install its first photovoltaic (PV) system in Japan. ProLogis will install a one-megawatt (MW) PV system at ProLogis Parc Zama I, a five-story distribution facility totaling more than 1.2 million square feet (113,000 square meters). The park is located in the city of Zama, a logistics hub in Japan’s Kanagawa Prefecture. The...
San Francisco-based Project FROG®, a smart building start-up, announced today that it has closed an $8M Series B financing led by RockPort Capital Partners. The financing will enable the company to accelerate the product development and sales of its cutting edge, high performance building products and systems. “RockPort has a very impressive track record and we are excited to have them join the FROG team,” said founder and CEO Mark Miller. “Their...
Cubellis, an international architecture, interior design and engineering firm, is pleased to announce that Kate Haas, Interior Design, and Laura Hamilton, Interior Design, have successfully completed the LEED Professional Accreditation exam and are now registered LEED Accredited Professionals (LEED AP). LEED APs are building industry professionals who have demonstrated a thorough understanding of green building and the LEED® Green Building Rating...
Realty Income Corporation (Realty Income), The Monthly Dividend Company®, announced that its Board of Directors declared a common stock dividend of $0.141125 per share, payable on December 15, 2008 to shareholders of record as of December 1, 2008. The dividend represents an annualized amount of $1.6935 per share. The Board of Directors also declared dividends on the Company’s Monthly Income Class D and Class E preferred stock. The monthly dividends...