| Orlando CNL unit scoops up 2 office buildings
With real-estate prices stable or falling and sellers shopping for buyers, CNL Commercial Real Estate in Orlando is on the hunt for multimillion-dollar deals. And it recently scored with two big ones.
The company, one of seven independent business units founded and controlled by Orlando real-estate mogul James Seneff, bought a $4.5 million office property in Central Florida Research Park and a $32 million, 12-story office building on Harbour Island in Tampa's central business district.
Both were acquired for "well below replacement cost," President Paul Ellis said Tuesday during an interview in the company's CNL Center II headquarters in downtown Orlando. More deals are in the works, he said, as the company looks to put its capital to work now that more bargains are cropping up.
Peregrine Point to build HQ at Alliance Airport
Alliance moves to boost air cargo traffic scramble for talent [Dallas] Ennis to hunt for new airport site [Dallas] Hillwood ups stake in Chief Oil & Gas [Dallas] N. Fort Worth lands mega-deal [Dallas] Hillwood buys back Nokia's acreage in Alliance [Dallas] .
Obama fairy tale has Chicago-size hole
Prospective First Laddie Bill Clinton bought into the fairy tale theme Tuesday in New Hampshire, wondering why the media doesn't treat Sen. Barack Obama as harshly as we treat his wife.
"Give me a break," Bill said, stumping for Sen. Hillary Clinton's presidential campaign. "This whole thing is the biggest fairy tale I've ever seen."
Normally, politicians whining about media treatment can't be taken seriously. But today, President Clinton, though the earth may crack open and devour me, it appears you're absolutely correct:
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Danish library plans to house cartoons of prophet Muhammad
Several have agreed to donate the works for mothing but the museum may have to buy some of them. One has already been sold to a private buyer. Around 100 people died in riots across the Muslim world as protests spread after the publication of the cartoons - one of which depicted Muhammad with a bomb in his turban - in numerous western newspapers in 2006. The disturbances led to Denmark's embassy in Damascus being burned and diplomatic missions in several other Muslim countries being attacked. The cartoons originally appeared in the Danish Jyllands-Posten newspaper in 2005. Jytte Kjaergaard, a spokeswoman for the library, said they were unlikely to be displayed publicly and insisted the decision was not intended to be controversial. "We are not interested in an exhibition, we are interested in them being kept safe for future generations because they have created history in Denmark," she told the Guardian.
Dynastrosi Labs hires recent WKU graduate
Ian Rice, a December Western Kentucky University graduate, was recently hired as a design engineer at Dynastrosi Laboratories in Bowling Green.Rice graduated with a degree in physics and will be responsible for developing conceptual designs and proposals for clients. He will be heavily engaged in additional research and design work for the company.Dynastrosi Laboratories is a research and development company providing engineering and design services for the wind energy, motorsports and aerospace industries.Nottmeier becomes principal broker Alex Nottmeier has been promoted to principal broker of Neal Turner Realty.Nottmeier has been a commercial real estate agent with Neal Turner Realty for more than 11 years, serving sellers, buyers, tenants and landlords with their commercial and industrial real estate needs throughout southcentral Kentucky.Nottmeier is one of only seven individuals in Kentucky to earn both his Certified Commercial Investment Member and Society of Industrial and Office Realtors designations and the only one in Kentucky with both designations outside Lexington or Louisville markets.Neal Turner Realty, founded more than 20 years ago, is a boutique commercial real estate brokerage firm in Bowling Green.Embry becomes KOEMA presidentDr.
Study: Detroit No. 18 on national walkability list
ARLINGTON, Va. Car crazy Detroit is No. 18 on a new report ranking U.S. cities based on their walkability. The Washington, D.C., region is first among the countrys 30 major metropolitan areas in the number of walkable places per capita, says the author of a report released Tuesday by the Brookings Institution. .
The Nielsen Company's 2008 Guide to the Super Bowl
NEW YORK, Jan. 24 /PRNewswire/ -- The Nielsen Company today released its annual Guide to the Super Bowl which showcases a wide range of consumer and media information about the most notable marketing event in the U.S. -- the NFL's Super Bowl -- scheduled for February 3 in Glendale, AZ. TELEVISION: In 2007, an average of 93.1 million Americans tuned in to the CBS Network to watch the Indianapolis Colts beat the Chicago Bears. The event averaged a 42.6% household rating, up from the 2006 match-up between the Pittsburgh Steelers and the Seattle Seahawks, which was watched by 90.7 million viewers and an average of 41.6% of U.S. homes. The most-watched Super Bowl of all time was in 1982 with a 49.1% rating, which also happened to be the fourth-highest rated television program since 1961 just behind the final episodes of M*A*S*H, Dallas and Roots Part VIII.
What retailers’ dismal holiday season mean for shoppers
The 2007 holiday shopping season is history, but the effects of the mediocre period will reach far into 2008. Because of lower-than-expected sales, retailers are trimming costs, and that likely means less selection in stores, fewer employees to help you, some store closings and fewer new stores this year. Several chains, including Talbots, Macy's and Ethan Allen, have announced that they will close unprofitable stores to focus on high-profit areas. Marshal Cohen, chief retail analyst at the NPD Group expects that "2008 is going to be the year when retailers will step back, evaluate and continually look at what they're doing and how they can streamline the expenses. "It's not like they're going to close the doors and wait till Christmas comes around again." The changes are coming because Christmas sales were mediocre — the worst since 2002.
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