Interstate 5

Lithia & Driveway Team With City Of Medford To Support Local Sports Park

Retrieved on: 
Saturday, September 25, 2021

If approved by the city council, Lithia & Driveway's sponsorship will result in a name change to "Lithia & Driveway Fields" on January 1, 2022.

Key Points: 
  • If approved by the city council, Lithia & Driveway's sponsorship will result in a name change to "Lithia & Driveway Fields" on January 1, 2022.
  • "This is an exciting opportunity to partner with a great community leader in Lithia & Driveway," City Manager Brian Sjothun said.
  • With the sports park sponsorship, Lithia & Driveway continues a tradition of working with the city to support local parks, such as Pear Blossom and Liberty parks in The Commons downtown, and community events, such as the Winter Lights Festival.
  • Founded in 1946, Lithia & Driveway is a Fortune 250 company operating over 280 dealerships in the U.S. and Canada.

Columbia Banking System and Bank of Commerce Holdings Announce Shareholder and Regulatory Approvals and Anticipated Merger Closing Date

Retrieved on: 
Wednesday, September 22, 2021

TACOMA, WA and SACRAMENTO, CALIF., Sept. 22, 2021 (GLOBE NEWSWIRE) -- Columbia Banking System, Inc. (NASDAQ: COLB, Columbia), the holding company for Columbia State Bank, and Bank of Commerce Holdings (NASDAQ: BOCH, Bank of Commerce), the holding company for Merchants Bank of Commerce, today jointly announced approval by Bank of Commerce shareholders for their proposed merger, and the receipt of all required regulatory approvals.

Key Points: 
  • TACOMA, WA and SACRAMENTO, CALIF., Sept. 22, 2021 (GLOBE NEWSWIRE) -- Columbia Banking System, Inc. (NASDAQ: COLB, Columbia), the holding company for Columbia State Bank, and Bank of Commerce Holdings (NASDAQ: BOCH, Bank of Commerce), the holding company for Merchants Bank of Commerce, today jointly announced approval by Bank of Commerce shareholders for their proposed merger, and the receipt of all required regulatory approvals.
  • Ninety-eight percent of the Bank of Commerce Holdings common shares voting at Bank of Commerces special meeting voted in favor of the merger, representing more than 63% of all outstanding Bank of Commerce Holdings common shares.
  • Headquartered in Tacoma, Washington, Columbia Banking System, Inc. (NASDAQ: COLB) is the holding company of Columbia State Bank, a Washington state-chartered full-service commercial bank with locations throughout Washington, Oregon and Idaho.
  • Bank of Commerce Holdings is a bank holding company headquartered in Sacramento, California and is the parent company for Merchants Bank of Commerce (the Bank).

Cushman & Wakefield Represents Tenant and Landlord in 96,000-SF Office/Life Sciences Headquarters Lease in San Diego

Retrieved on: 
Wednesday, September 22, 2021

DMCC is surrounded by world-class shopping and dining, and is near many of San Diegos top neighborhoods.

Key Points: 
  • DMCC is surrounded by world-class shopping and dining, and is near many of San Diegos top neighborhoods.
  • Cushman & Wakefields David Odmark represented DermTech and Cushman & Wakefields Brett Ward, Brian Starck and Michael Cassolato represented Kilroy Realty in the transaction.
  • Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners.
  • Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and 60 countries.

WAVE by Ideanomics and AVTA Finalize a Follow-On Purchase Order of 28 Additional Wireless Chargers

Retrieved on: 
Wednesday, September 22, 2021

SALT LAKE CITY, Sept. 22, 2021 /PRNewswire/ -- WAVE , a subsidiary of Ideanomics (NASDAQ: IDEX) and the leading high-power inductive charging solution provider for medium- and heavy-duty vehicles finalized a large, multi-million dollar purchase order from the Antelope Valley Transit Authority (AVTA) for 28 additional wireless charging systems.

Key Points: 
  • SALT LAKE CITY, Sept. 22, 2021 /PRNewswire/ -- WAVE , a subsidiary of Ideanomics (NASDAQ: IDEX) and the leading high-power inductive charging solution provider for medium- and heavy-duty vehicles finalized a large, multi-million dollar purchase order from the Antelope Valley Transit Authority (AVTA) for 28 additional wireless charging systems.
  • This order comes after the 2019 announcement that AVTA would become the first fully electric fleet powered by wireless chargers, a direct result of its partnership with WAVE.
  • "By partnering with WAVE in 2019, we were able to accomplish the incredible milestone of becoming the first fully electric fleet powered by wireless chargers, but we're not stopping there.
  • We are continuing to build out and invest in our WAVE charging system to be bigger and better than ever."

KB Home Announces the Grand Opening of Clover, a New-home Community Situated in the Highly Desirable Valencia Master Plan

Retrieved on: 
Friday, September 10, 2021

KB Home (NYSE: KBH) today announced the grand opening of Clover, a new community of single-family homes in the highly desirable Valencia master plan in Valencia, California.

Key Points: 
  • KB Home (NYSE: KBH) today announced the grand opening of Clover, a new community of single-family homes in the highly desirable Valencia master plan in Valencia, California.
  • View the full release here: https://www.businesswire.com/news/home/20210910005112/en/
    KB Home announces the grand opening of Clover, a new-home community situated in the highly desirable Valencia master plan.
  • (Photo: Business Wire)
    The Valencia master plan is an exciting new dimension to an already thriving community.
  • The new community is also convenient to Interstate 5 and Highway 126 for quick commutes to the areas major employers.

KB Home Announces the Grand Opening of Santorini, a New Community in a Prime Stockton, California Location

Retrieved on: 
Friday, August 27, 2021

KB Home (NYSE: KBH) today announced the grand opening of Santorini, a new-home community in a prime Central Valley location.

Key Points: 
  • KB Home (NYSE: KBH) today announced the grand opening of Santorini, a new-home community in a prime Central Valley location.
  • View the full release here: https://www.businesswire.com/news/home/20210827005050/en/
    KB Home announces the grand opening of Santorini, a new community in a prime Stockton, California location.
  • Santorini will also offer the KB Home Office, a dedicated room that homebuyers can personalize for the way they work.
  • Santorini provides home shoppers the opportunity to purchase a personalized, new KB home at a price that fits their lifestyle and needs.

Mill Creek Announces Groundbreaking of Modera Lacey

Retrieved on: 
Wednesday, August 25, 2021

LACEY, Wash., Aug. 25, 2021 /PRNewswire/ -- Mill Creek Residential , a leading developer and operator specializing in premier rental communities across the U.S., today announced the groundbreaking of Modera Lacey , a garden-style community spanning 26 acres in suburban Olympia, approximately 60 miles south of Seattle.

Key Points: 
  • LACEY, Wash., Aug. 25, 2021 /PRNewswire/ -- Mill Creek Residential , a leading developer and operator specializing in premier rental communities across the U.S., today announced the groundbreaking of Modera Lacey , a garden-style community spanning 26 acres in suburban Olympia, approximately 60 miles south of Seattle.
  • Modera Lacey will offer spacious studio, one-, two- and three-bedroom apartment homes with an average size of 893 square feet.
  • Modera Lacey marks Mill Creek's first development in the Thurston County submarket, although the company has developed several communities in Puget Sound.
  • Past and current developments include Modera Broadway , Modera Overlake , Modera Redmond and Modera South Lake Union .

Bank of Commerce Holdings Announces Third Quarter Cash Dividend of $0.06 per Share

Retrieved on: 
Wednesday, August 18, 2021

SACRAMENTO, Calif., Aug. 18, 2021 (GLOBE NEWSWIRE) -- Bank of Commerce Holdings (NASDAQ: BOCH) (the Company), a $1.917 billion asset bank holding company and parent company of Merchants Bank of Commerce (the Bank), today announced that the Board of Directors has authorized a cash dividend of $0.06 per share for the 2021 third quarter.

Key Points: 
  • SACRAMENTO, Calif., Aug. 18, 2021 (GLOBE NEWSWIRE) -- Bank of Commerce Holdings (NASDAQ: BOCH) (the Company), a $1.917 billion asset bank holding company and parent company of Merchants Bank of Commerce (the Bank), today announced that the Board of Directors has authorized a cash dividend of $0.06 per share for the 2021 third quarter.
  • The $0.06 per share quarterly cash dividend will be paid to shareholders of record as of September 15, 2021 and is payable on September 29, 2021.
  • Bank of Commerce Holdings is a bank holding company headquartered in Sacramento, California and is the parent company for Merchants Bank of Commerce.
  • The Bank was incorporated as a California banking corporation on November 25, 1981 and opened for business on October 22, 1982.

KKR Expands Real Estate Industrial Portfolio in Southern California with New San Diego Acquisition

Retrieved on: 
Wednesday, January 6, 2021

KKR, a leading global investment firm, today announced the acquisition of Three Piper Ranch, an industrial distribution property consisting of two buildings totaling approximately 330,000 square feet in San Diego, California.

Key Points: 
  • KKR, a leading global investment firm, today announced the acquisition of Three Piper Ranch, an industrial distribution property consisting of two buildings totaling approximately 330,000 square feet in San Diego, California.
  • The property expands KKRs industrial real estate footprint in Southern California to approximately 2.4 million square feet.
  • It is located in the Otay Mesa submarket of San Diego with excellent access to SR-125, SR-905, I-805 and I-5.
  • We are excited to supplement our footprint in Southern California with the addition of this high quality asset, said Ben Brudney, a Director in the Real Estate group at KKR.

Washington State DOT Employs Modular Steel Structure from Acrow to Reopen Crossing Closed After Failed Bridge Inspection

Retrieved on: 
Tuesday, February 18, 2020

The 82-year bridge was reaching the end of its useful life and a full replacement was planned.

Key Points: 
  • The 82-year bridge was reaching the end of its useful life and a full replacement was planned.
  • In order to keep the bridge functional and traffic moving until the new bridge was scheduled to be built in 2026, Washington State Department of Transportation (WSDOT) planned deck repairs over the summer of 2018.
  • When the permanent structure is completed, the temporary bridge will be removed and stored by WSDOT for use at other locations as needed.
  • The decision to use Acrows modular steel truss bridge for this project brought significant benefits for both the local community and the state, said Jack Arizcuren, Pacific States Sales Manager at Acrow Bridge.