Graymeiren Holdings Optimistic for Real Estate Acquisitions in 2012
Graymeiren Holdings, LLC, a diversified private investment company, is set to have another profitable year after acquiring ten commercial and residential properties in 2011. That’s

Industrial park to award bid for spec building
SOUTH POINT — A contract is expected to be awarded by the end of next week on the latest spec building to go under construction at The Point industrial park.

Midwest Industrial Park Phase II work planned
Bids are now being accepted for infrastructure construction at Midwest Industrial Park Phase II, and work could begin as early as March or April, Economic Development Corporation of Wayne County President Tim Rogers said Monday.

No consensus yet on Tongie industrial park
The Leavenworth County Commission could not reach an agreement after a study session Monday on a potential contribution to the city of Tonganoxie’s effort to build up its industrial park.  

TowneBank Reports Record Fourth Quarter and Annual Earnings
SUFFOLK, Va. -- Hampton Roads based TowneBank reported record earnings of $33.32 million for the year ended December 31, 2011, a 10.06% increase, or $3.05 million, over the $30.28 million reported for ...

Arnstein & Lehr adds four attorneys
The Chicago-based law firm of Arnstein & Lehr LLP is pleased to announce the addition of attorneys David Newman, Erik Jarmusz and Elizabeth Anne Thompson to the firm’s Chicago office and Amanda Shear to the firm’s Coral Gables office.

U.S. Commercial-Property Prices to Climb 6%, Green Street Says
Commercial-property values in the U.S. probably will climb about 6 percent in the next six months, based on recent trading in real estate investment trusts and fixed-income yields, Green Street Advisors Inc. said.

TowneBank Announces Cash Dividend on Preferred Stock
SUFFOLK, Va. -- Hampton Roads based TowneBank announced today that its Board of Directors on January 25, 2012 declared a quarterly cash dividend of $2.00 per preferred share on its 8% Non-Cumulative Convertible ...

China Office Space Is Booming
As the Chinese calendar moves into the Year of the Dragon, prime office rents in Beijing have risen by 75% - the highest increase of any city in the world during 2011.