Intermec says Q4 revenues set record
Intermec Inc. said its fourth-quarter revenues set a record at $253 million, which compares with $219 million a year earlier. feeds.bizjournals.com
Nationwide Health lines up $2B in transactions with Pacific Medical Buildings
Nationwide Health Properties has signed agreements with Pacific Medical Buildings to acquire a portfolio of medical office buildings, a 50 percent stake in a full-service property management company, and an opportunity to partner on future medical office building developments in transactions worth up to a total of $2 billion over the next several years, according to a release. (NHP) feeds.bizjournals.com
Motel 6 Gets A New Look
The chain is hoping to spice up its aesthetic with a sleek and modern design for its buildings and rooms, its first update in more than a decade. feeds.realestatejournal.com
St. Croix buys 3 renovated buildings in Braker Center
After 18 months, 15 leases, a series of capital improvements and significant increases in occupancy, Dallas-based Westmount Realty Capital has turned three buildings at Braker Center over to St. Croix Capital Corp. of San Diego. (BLG) (SAI) feeds.bizjournals.com
MAA's net income drops, occupancy hits record
Mid-America Apartment Communities Inc.'s net income plunged 43 percent, from $7.8 million in the first quarter of 2007 to 4.46 million in the first quarter of 2008. (MAA) feeds.bizjournals.com