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Young donors outpace older givers with their charity
Once largely ignored by charities, the under-44 crowd is now out-pacing its elders in their personal giving habits, a trend fueled by social media and volunteerism. "For a long time, an awful lot of nonprofits never talked to people under 44," said Mark...
Tags: American Cancer Society, Social Issues, Rollins College, Business Enterprises, Religion and Belief
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Southern California office rents hold steady
Tenants kept the upper hand in office rent negotiations in Southern California in the first quarter, even though conditions improved slightly for landlords as the economy picked up and some businesses expanded. The most leases were signed in markets...Tags: Google Inc., Entertainment, Realty, Labor Markets, Office and Retail Spaces
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In the Inland Empire, an industrial real estate boom
Nestled on the windy plains at the foot of the San Bernardino Mountains, once austere stretches of agricultural land have morphed into the country's most desirable industrial real estate market, and it is growing faster than any other industrial region in...
Tags: Groceries, Kohl's Illinois, Inc., Real Estate, Los Angeles International Airport, Wal-Mart Stores, Inc.
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Tall TV tower may increase traffic, and tourist money, in Streeterville
For the venture proposing a 2,000-foot-tall broadcast tower for a site near Navy Pier, arranging financing could be the easiest part of the project. "Traffic is the No. 1 concern," said Jim Houston, president of the Streeterville Organization of Active...Tags: CoStar Group Inc., Nokia Corp., Timberland Company, Real Estate, Credit Ratings
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Washington Park's promise attracting money, faith
Tribune reportersCraig Huffman comes to the private-equity world with a multifaceted set of credentials: two master's degrees from the University of Chicago, stints in the non-profit world, and a stretch as a rehabber of distressed properties. Now Huffman is ready to...Tags: Frederick Law Olmsted, Woodlawn (Chicago, Illinois), Pat Dowell, Condos, Realty
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Executive Profile: Martin Nesbitt, the first friend
Chicago businessman Martin Nesbitt will sit on the dais in front of the U.S. Capitol on Monday as his best friend is inaugurated president of the United States. The two men — successful African-American leaders who share a record of high...
Tags: Chicago Tribune, Harvard University, Midway Airport, Barack Obama, Politics
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Corona garden apartments sold in deal valued at $43 million
A 312-unit, gated residential property in Corona has has been sold as demand for apartments in the Inland Empire grows, a real estate brokerage said. Irvine apartment developer and manager Western National Group bought the garden-style Parcwood Apartment...
Tags: Essex Property Trust Inc., Realty, Rentals
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Former accidental tourist to Chicago now works to bring more people into the Loop
Chicago Tribune reporterLife's unexpected detours aren't always a bad thing. Just ask Ty Tabing. The man behind the rebirth of State Street fell in love with Chicago two decades ago when a cross-country road trip gone bad left him stranded in the Windy City for three weeks with...Tags: Finance, Real Estate, Politics, Wichita State University, Chicago Mayor
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State close to seeking plan from Philips for cleanup
dbrock@amnews.comState officials say they are close to asking Philips Lighting to submit plans to clean up contamination on and around the site of its now-vacant light manufacturing facility in Danville. Since the plant on Valksdahl Avenue closed in February 2011, the...Tags: Companies and Corporations, Norfolk Southern Corporation, Waste Management and Pollution Control, Environmental Cleanup, Economy, Business and Finance
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Ashkenazy, future owner of Harborplace, cuts bad investments loose
Baltimore's political and business leaders praised the New York-based real estate investment firm purchasing Harborplace as a potential savior for the Inner Harbor mall that has struggled to find the right mix of tenants to appeal to both tourists and...
Tags: General Growth Properties, Inc., White Marsh, Real Estate, Politics, Regional Authority
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Howard Hughes Corp. buys former Ryland Group headquarters in Columbia
As a further sign of its investment in the revitalization of Columbia's town center, the Howard Hughes Corp. last week acquired the former Ryland Group headquarters, a nine-story office building next to The Mall in Columbia and close to land where...
Tags: General Growth Properties, Inc., Companies and Corporations, Economy, Business and Finance, Howard Hughes, Whole Foods Market
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PHILIPS DEAL A NO GO: Former employee no longer interested in restarting Danville plant
dbrock@amnews.comTalks between a former Philips Lighting employee and the company about purchasing the now defunct Danville factory have fizzled, leaving local officials frustrated by the prospects for the vacant facility and the progress of environmental clean up...Tags: Waste Management and Pollution Control, Netherlands, Science and Technology, Plant Openings, Environmental Issues
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