In Construction Jobs

Archive for the ‘Biz Journals’ Category

Vaughan Co. Realtors is establishing a new seven-member board of directors that will include three investors recruited by former CEO Doug Vaughan.

QuinStreet Inc., a provider of online marketing and media services, signed an eight-year lease for 64,000 square feet in Metro Center at 950 Tower Lane, Foster City, that begins in November. The owner of the building is CA-Metro Center Limited Partnership.

Economic activity in Texas and parts of Louisiana and New Mexico, improved in the past six weeks, the Federal Reserve Bank of Dallas said in its latest Fed Beige Book report Wednesday.

The Carson Cos. plans to break ground next week on a speculative industrial building on the east side of town.

Presson Corp., a private investment firm based in Phoenix, paid $6.4 million for a 237,000-square-foot distribution facility in the West Valley. (PLD)

Denver investor Francis Kent has acquired a 15.3 acre industrial building and yard in Las Cruces. The sale price was not disclosed, but the southern New Mexico property was listed last April at $1.12 million.

Cal Expo on Friday terminated its exclusive courtship with the National Basketball Association so they can evaluate the downtown arena proposal backed by the NBA as well as alternate redevelopment possibilities for the state fairground.

Regulators seized Rainier Pacific Bank of Tacoma Friday evening, marking the fourth community bank failure in Washington in less than two months and the seventh in a year.

Radio One Inc. has backed out of plans to relocate from Lanham to D.C.’s Shaw neighborhood, dealing a major blow to an already long-delayed mixed used project backed by the city. (ROIA)