MORAGA, CA-The locally-based and lightly traded hotel holding firm Host Funding Inc. will merge this April with Baltimore-based Carnegie International Corp., a hotel communications company that's suing its former accounting firm for $2.1 billion.
ASTORIA, OR-The state Legislature must approve any such action, but State Sen. Joan Dukes, D-Svensen, has reportedly agreed to introduce legislation to create the zone. A draft of the bill is expected to be on commissioners' desks later this month.
SAN FRANCISCO-The real estate company acquired 57 industrial buildings totaling 4.8 million sf for $322 million during the fourth quarter, including a 95% interest in 20 on-tarmac air cargo facilities at eight US airports from investors in Aviation Facilities Co.
SAN JOSE, CA-The maker of fault-tolerant IP core routers for Internet service providers is relocating and expanding its headquarters into the speculative project by Mission West Properties from its current home in Cupertino, CA.
MONTEREY, CA-The Chicago-based company has fellow Chicagoan Jones Lang LaSalle marketing the properties. The Monterey hotels represent a significant percentage of the city's oceanfront hotel rooms.
RIDGFIELD, WA-The newly formed custom dryer and remanufacture of wood products -- a sister company of Tigard, OR-based HCMA Consulting -- is taking space here in the 40-year-old LakeRiver Industrial Park that had been vacant for six months.
HILLSBORO, OR-A $400-million research and development campus here is on hold due to the slowing economy. The Santa Clara, CA-based chipmaker also has halted office projects in Folsom, CA and Chandler, AZ.
LONGVIEW, WA- Lower Columbia College has neither the land nor the funding to make it happen, but has acknowledged being approached by regional and national employers -- which it is not yet naming -- about a joint venture that also could include the city.
SAN JOSE-Council members said the petition was in violation of state election laws in many ways, including misleading voters. The decision means Cisco can go-ahead and begin construction this year on its 20,000-worker campus--unless the courts ultimately take over.
PALO ALTO, CA-The City Council approved a 45-day test drive of the ordinance and will make a final determination at the end of the study period that could continue the restriction for two years.