Highwoods Properties News

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The group looking to develop Shockoe Bottom, including building a baseball stadium in the area, has said it can go no further.

A spokesperson for Highwoods Properties confirmed Tuesday that a proposal for a development and baseball stadium in Shockoe Bottom is dead.

Developers have dropped a proposal to build a stadium and surrounding development in Richmond's Shockoe Bottom, according to the Richmond Times-Dispatch. Raleigh, N.C.-based Highwoods Properties told the newspaper the project had been doomed by the debate over whether to build a new stadium or renovate the current Diamond.

Highwoods Properties, Inc. , the largest owner and operator of suburban office properties in the Southeast, today announced that Gene H. Anderson, senior vice president and member of the Board of Directors, will retire from the Company on June 30, 2009.

SOUTHPORT, Conn.-- --Sturm, Ruger & Company, Inc. announces that it will join the Russell 3000 Index when Russell Investments reconstitutes its U.S. and global equity indexes on June - NEW YORK-- --Fitch Ratings expects to assign a rating of 'AA' to $16,675,000 of auction-rate preferred shares following the reorganization of each of RMR Real Estate ...

Transformation is the shared theme of two ballpark plans for Richmond. In October, Highwoods Properties proposed Shockoe Center, a development that includes a $60 million ballpark that would transform Shockoe Bottom.

This represents a decrease of - 06/10/2009 - 04:31 PM Knology Ready for Digital Transition WEST POINT, Ga.-- --June 12 will bring an end to over-the-air analog television reception.

The commercial real estate market has been labeled by many bond traders and portfolio investors as the next shoe to drop.

The European hotel industry in April saw double-digit percentage drops in occupancy, average daily rate and revenue per available room, although the numbers also could indicate that the industry is stabilizing, according to data by Smith Travel Research.

Highwoods Properties Inc., announced that it has obtained two fully executed loan commitments: - $115.0 million, 6.5-year secured loan provided by New York Life Insurance Company at a fixed rate of 6.875%, secured by a pool of 10 assets in Nashville, Raleigh and Tampa.

Three of the area's best known shopping centers have traded hands. Locally-based LANE4 Property Group Inc.

Newly-formed value-added real estate fund KABR Real Estate Investment Partners L.L.C. has purchased a 235,000-square-foot office building at 85 Challenger Road in Ridgefield Park, N.J., from AIG.

Capital Associated Industries Inc., or CAI, has leased space in the Airpark West office park developed by Highwoods Properties, according to an announcement.

Now two of its seven office buildings, Waterford Plaza and Island Center , are being actively shopped.

Principals of Lane4 Property Group Inc. and several local investors have completed the purchase of three Kansas City-area shopping centers from Highwoods Properties Inc.

Highwoods Properties, a Raleigh, NC-based company, has sold a portfolio of non-core retail assets here for $62.1 million.

Kansas City, Mo., based LANE4 Property Group Inc. announced today that principals of the firm and several local investors have concluded the purchase of three of Kansas City's most iconic shopping centers: Prairie Village and Corinth Square shopping centers in Prairie Village, and the Fairway Shopping Center in Fairway.

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May 29, 2009 Highwoods Properties has completed the $62.1 million sale of a three-property retail portfolio located in the suburbs of Kansas City, Kan.