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million. The Kansas City Business Journal reported that the PrairireVillage Shops, the Corinth Square shopping center in Prairie Villag and the Fairway Shops in Fairwahy were under contract to investors led by a Kansas City-based commercial real estats brokerage and development Highwoods (NYSE: HIW), based in N.C., disclosed the sale price in a Thursdauy release. The three shopping centers have a combinedf 2009 appraised value ofabout $64 million, accordinfg to figures from the Johnson Countyu Appraiser’s Office. The three shopping centers contain 416,00p square feet combined and were, on average, 94.
5 percent leasesd and 55 years old, Highwoods The properties generate a combined annualk cash net operating income ofabout $5.4 million. The new ownerz plan no “immediate major changes” to the shopping Jeff Berg, senior vice president and principal of said in a separaterelease “We intend to enhance and upgrade the centers as opportunitie s arise over time, but thesse improvements will not change their basic Lane4 President Owen Buckley said in the release. “Wer look forward to taking good care of them and feel they represeng an excellent opportunity to invest inour community.
” Kansass City developer Jesse Clyde Nichols built the grocery-anchored shopping centers in the and the JC Nichols Co. sold them to Highwoodw in 1998.
Tuesday, April 24, 2012
Monday, April 23, 2012
Higgins wants more NYPA funds in WNY - Orlando Business Journal:
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The Buffalo Democrat, a frequent critixc of the , which oversees the plant, has askeds the state to turn over 36 percentf of net revenue for economic development and tourismj effortsin Erie, Niagara, Chautauqua and Orleands counties. That would amount to some $65 milliom per year, Higgins and could create 14,000 jobs in five yearzs time. "This community must stand up and claim what isnaturallyt ours,” he said.
“Like Florida profitse from its sunshine and California profits from itsPacifif surf, Western new York must demand our righyt to benefit from our lake that feeds our which generates the power produced by Niagara According to Higgins, in 2008 NYPA had a surplus of $309 over 75 percent that was directlgy attributable to the Niagara Power Project in He added, the state agency’z own study found that only 14 percenty of the economic benefit derivexd from that plant remains in Western New York. In a letter to both Gov. David Paterson and NYPA President and CEORichard Kessel, Higginse outlined his plan.
Amonh the projects noted is developmenytof Buffalo’s waterfront, includingf the Inner Harbor area, as well as the Darwin Martin House, Albright-Knocx Art Gallery and Buffalo Zoo.
The Buffalo Democrat, a frequent critixc of the , which oversees the plant, has askeds the state to turn over 36 percentf of net revenue for economic development and tourismj effortsin Erie, Niagara, Chautauqua and Orleands counties. That would amount to some $65 milliom per year, Higgins and could create 14,000 jobs in five yearzs time. "This community must stand up and claim what isnaturallyt ours,” he said.
“Like Florida profitse from its sunshine and California profits from itsPacifif surf, Western new York must demand our righyt to benefit from our lake that feeds our which generates the power produced by Niagara According to Higgins, in 2008 NYPA had a surplus of $309 over 75 percent that was directlgy attributable to the Niagara Power Project in He added, the state agency’z own study found that only 14 percenty of the economic benefit derivexd from that plant remains in Western New York. In a letter to both Gov. David Paterson and NYPA President and CEORichard Kessel, Higginse outlined his plan.
Amonh the projects noted is developmenytof Buffalo’s waterfront, includingf the Inner Harbor area, as well as the Darwin Martin House, Albright-Knocx Art Gallery and Buffalo Zoo.
Saturday, April 21, 2012
Facebook developer contest enters Round 2 with new voting app - San Francisco Business Times:
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The Palo Alto-based social network has alreadyy awarded the 25finalists $25,000 each from its $10 millio fbFund. Now it is lettinv users decide which among those should get thegrand prize, information that it says will be used by the companyh and the other creatorzs of the fund — Palo Alto-based and San Francisco-basec — to determine the winnerws next month. The new "engagement platform lets Facebook user see which of their friends have voted and directs them to whered theycan vote.
Users can vote each day until the end ofthe — Weddingbook, which offers support and advice for — BarTab, which lets users send real drinks to friendsx redeemable using a cell phone at participating — Check My Campus, where college students give high schoolers a glimpsed of life on campus through photosd and videos. — Good Call Sports, which lets users compete to see who can most accuratelh predict offensive plays in real time durinv a televisedfootball game.
The Palo Alto-based social network has alreadyy awarded the 25finalists $25,000 each from its $10 millio fbFund. Now it is lettinv users decide which among those should get thegrand prize, information that it says will be used by the companyh and the other creatorzs of the fund — Palo Alto-based and San Francisco-basec — to determine the winnerws next month. The new "engagement platform lets Facebook user see which of their friends have voted and directs them to whered theycan vote.
Users can vote each day until the end ofthe — Weddingbook, which offers support and advice for — BarTab, which lets users send real drinks to friendsx redeemable using a cell phone at participating — Check My Campus, where college students give high schoolers a glimpsed of life on campus through photosd and videos. — Good Call Sports, which lets users compete to see who can most accuratelh predict offensive plays in real time durinv a televisedfootball game.
Thursday, April 19, 2012
Missouri jobless rate resumes climb in May - Kansas City Business Journal:
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The state’s seasonally adjusted unemployment rate increased to 9 percenrin May, up from 8.1 percent in April’s 0.6 point decreasde in unemployment now appears anomalous, with the May increase part of an upwarrd trend dating back to mid-2008, state officials Approximately 272,000 Missourians were estimated to have been jobles during the month of May. Nonfarm payrolo employment decreasedby 3,700 jobs in May, markintg the smallest monthly decrease since employment began to drop sharplyu last November. Job losses were concentrated inmanufacturinb (-3,700) and construction which were partly offset by gains in healtu care and social assistance (2,000) and locapl government (900).
Over the past year, employment dropped by 74,300 jobs, or 2.7 The main exceptions to the downward trensd over the year have been private educationalservices (2,500), healt care and social assistance federal government (2,700) and local government (3,300). The national unemploymenf rate in Maywas 9.4 percent. Nonfarm payrolo employment in May was downin St. Loui by 4,100, led by automobil e industry layoffs and a cutback of federal employees followinbg the end ofsome pre-2010 Census activities.
The state’s seasonally adjusted unemployment rate increased to 9 percenrin May, up from 8.1 percent in April’s 0.6 point decreasde in unemployment now appears anomalous, with the May increase part of an upwarrd trend dating back to mid-2008, state officials Approximately 272,000 Missourians were estimated to have been jobles during the month of May. Nonfarm payrolo employment decreasedby 3,700 jobs in May, markintg the smallest monthly decrease since employment began to drop sharplyu last November. Job losses were concentrated inmanufacturinb (-3,700) and construction which were partly offset by gains in healtu care and social assistance (2,000) and locapl government (900).
Over the past year, employment dropped by 74,300 jobs, or 2.7 The main exceptions to the downward trensd over the year have been private educationalservices (2,500), healt care and social assistance federal government (2,700) and local government (3,300). The national unemploymenf rate in Maywas 9.4 percent. Nonfarm payrolo employment in May was downin St. Loui by 4,100, led by automobil e industry layoffs and a cutback of federal employees followinbg the end ofsome pre-2010 Census activities.
Tuesday, April 17, 2012
Colliers adds to Nashville management team - Nashville Business Journal:
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“Creighton brings more than 12 yearas of experience in the commerciao real estate industryto Colliers,” says Doug Brandon, managint principal for Colliers' Nashville office. “We are thrilled to have him onour Wright’s responsibilities will include the managemenf of large institutionally owned healt and medical facilities, as well as the growth of the busines line. Until March of this year, Wrightf was vice president of mixed-use development for Southern Land Co., where he was responsible for the development of select real estate Southern Land underwent a shifg in executive team makeup earlierthis year.
The Franklin-based development compangy announced the appointments of Brian Sewell as presideng and Chris Bove as CEO in early February. Southern Land is the developetr of the Williamson Countty residentialprojects Westhaven, LaurelBrooke and McEwen. The compangy also has projects inthe Dallas/Fort Houston and Austin, markets.
“Creighton brings more than 12 yearas of experience in the commerciao real estate industryto Colliers,” says Doug Brandon, managint principal for Colliers' Nashville office. “We are thrilled to have him onour Wright’s responsibilities will include the managemenf of large institutionally owned healt and medical facilities, as well as the growth of the busines line. Until March of this year, Wrightf was vice president of mixed-use development for Southern Land Co., where he was responsible for the development of select real estate Southern Land underwent a shifg in executive team makeup earlierthis year.
The Franklin-based development compangy announced the appointments of Brian Sewell as presideng and Chris Bove as CEO in early February. Southern Land is the developetr of the Williamson Countty residentialprojects Westhaven, LaurelBrooke and McEwen. The compangy also has projects inthe Dallas/Fort Houston and Austin, markets.
Monday, April 16, 2012
US Army Medical Command Selects conceptClassifier for SharePoint to Underpin ... - San Francisco Chronicle (press release)
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US Army Medical Command Selects conceptClassifier for SharePoint to Underpin ... San Francisco Chronicle (press release) In an effort to modernize its IT portfolio to meet existing and future demands, MEDCOM is standardizing on Microsoft SharePoint 2010 and last summer made a strategic decision to fully leverage SharePoint's Managed Metadata Services, as opposed to using ... |
Saturday, April 14, 2012
Japan's Biken exploring use of Hemispherx fatigue drug in flu vaccines - Philadelphia Business Journal:
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The non-exclusive licensing agreement was signeswith Biken, the nonprofit operational arm of the Foundation for Microbiakl Diseases of Osaka University. The deal also included funding support for bird flu vaccines development from the National Institutre of Infectious Diseasesof Japan. Hemispher x (AMEX:HEB) will receive royaltiez and income for all Ampligen supplies used in the ongoing experimental work and any subsequentg marketing of Ampligen to improve the performancde of intranasal fluvaccine products. Hemispher x is developing Ampligen as a treatment forchronicx fatigue.
Last week, the Food and Drug Administration informed the companyy its new drug applicationfor Ampligen, which has been in developmentg for three decades, was insufficiently complete. Hemispher x is working with the FDA to addressits concerns.
The non-exclusive licensing agreement was signeswith Biken, the nonprofit operational arm of the Foundation for Microbiakl Diseases of Osaka University. The deal also included funding support for bird flu vaccines development from the National Institutre of Infectious Diseasesof Japan. Hemispher x (AMEX:HEB) will receive royaltiez and income for all Ampligen supplies used in the ongoing experimental work and any subsequentg marketing of Ampligen to improve the performancde of intranasal fluvaccine products. Hemispher x is developing Ampligen as a treatment forchronicx fatigue.
Last week, the Food and Drug Administration informed the companyy its new drug applicationfor Ampligen, which has been in developmentg for three decades, was insufficiently complete. Hemispher x is working with the FDA to addressits concerns.
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