Other Construction & Property

Postal Realty Trust Declares Second Quarter 2021 Dividend

Tuesday, July 27, 2021 - 12:30pm

The increase represents an 8.5% increase from the second quarter 2020 dividend.

Key Points: 
  • The increase represents an 8.5% increase from the second quarter 2020 dividend.
  • The dividend will be payable on August 27, 2021 to stockholders of record as of the close of business on August 13, 2021.
  • Postal Realty Trust, Inc. is an internally managed real estate investment trust that owns and manages over 1,250 properties leased primarily to the USPS, ranging from last mile post offices to larger industrial facilities.
  • As a result, the Companys actual results may differ materially from those contemplated by the forward-looking statements.

Oracle Elevator Announces New Parent Company Name - Elevated Facilities Services Group

Tuesday, July 27, 2021 - 12:00pm

Oracle Elevator (Oracle) is announcing its parent company has rebranded to Elevated Facility Services Group (EFS or the Company).

Key Points: 
  • Oracle Elevator (Oracle) is announcing its parent company has rebranded to Elevated Facility Services Group (EFS or the Company).
  • As one company, EFS supports several leading regional brands in the elevator and escalator MRO sector including EMR Elevator, Oracle Elevator, Premier Elevator, and Premier Oracle Elevator, which together represent the largest independent, non-union provider of contractually based maintenance, repair, and modernization services for all major brands of elevator equipment.
  • We are proud to be able to join forces with such esteemed companies to form Elevated Facilities Services Group, said Paul Belliveau, CEO of Elevated Facility Services Group.
  • EFS supports the leading regional brands in the sector including EMR Elevator, Oracle Elevator, Premier Elevator, and Premier Oracle Elevator.

AECOM awarded third consecutive environmental remediation contract from the U.S. Army Corps of Engineers

Tuesday, July 27, 2021 - 11:55am

AECOM (NYSE: ACM), the worlds trusted infrastructure consulting firm, today announced that it has been selected by the U.S. Army Corps of Engineers (USACE) Baltimore District to continue providing nationwide environmental remediation services through the MAMMS III contract.

Key Points: 
  • AECOM (NYSE: ACM), the worlds trusted infrastructure consulting firm, today announced that it has been selected by the U.S. Army Corps of Engineers (USACE) Baltimore District to continue providing nationwide environmental remediation services through the MAMMS III contract.
  • The multiple-award contract, with a shared program ceiling of $240 million, includes five base years and up to two additional option years.
  • Our dedicated environmental experts consistently deliver for the USACE and have a flawless safety record on this technically complex and challenging work, said Lara Poloni, AECOMs president.
  • AECOM has supported the USACE Baltimore Districts environmental remediation programs for more than 26 years.

Evoqua Water Technologies to Establish State-of-the-Art Sustainability and Innovation Facility in Pittsburgh

Tuesday, July 27, 2021 - 12:00pm

Evoqua Water Technologies (NYSE: AQUA), a leader in mission-critical water treatment solutions, today announced its investment in a new Sustainability and Innovation Hub in Pittsburgh, Pennsylvania, to further advance the development of cutting-edge and sustainable water treatment technologies .

Key Points: 
  • Evoqua Water Technologies (NYSE: AQUA), a leader in mission-critical water treatment solutions, today announced its investment in a new Sustainability and Innovation Hub in Pittsburgh, Pennsylvania, to further advance the development of cutting-edge and sustainable water treatment technologies .
  • The facility will serve as Evoqua's center of excellence for research and innovation, addressing emerging water trends, including climate change, connectivity, and health and safety.
  • The Sustainability and Innovation Hub will be located in the Lawrenceville Tech Forge facility, part of Pittsburgh's urban technology park, and a hotbed for innovation in the region.
  • Evoqua Water Technologies is a leading provider of mission-critical water and wastewater treatment solutions, offering a broad portfolio of products, services, and expertise to support industrial, municipal, and recreational customers who value water.

Worldwide Refrigerated Lockers Industry to 2026 - Ongoing Customization of Refrigerated Lockers Presents Opportunities - ResearchAndMarkets.com

Tuesday, July 27, 2021 - 10:34am

What are the inhibiting factors and impact of COVID-19 shaping the Global Refrigerated Lockers Market during the forecast period?

Key Points: 
  • What are the inhibiting factors and impact of COVID-19 shaping the Global Refrigerated Lockers Market during the forecast period?
  • Which are the products/segments/applications/areas to invest in over the forecast period in the Global Refrigerated Lockers Market?
  • What is the competitive strategic window for opportunities in the Global Refrigerated Lockers Market?
  • What modes and strategic moves are considered suitable for entering the Global Refrigerated Lockers Market?

Go!Foton Ushers In Next Era Of Fiber Management With NEMO Fixed/Flexible Optical Patch Panels

Monday, July 26, 2021 - 10:51pm

“Additionally, NEMO prevents insertion loss while allowing bare-fingered technicians and operators unrestricted ability to manipulate connections --- whether by sliding, digging in, pushing around, or shoving,” Dr. Chen continued. “With its unique flexible adapters, stationary trays, simple installation, cost-effective performance, and forward-looking architecture, NEMO lights the path to the future of optical networking.”

Key Points: 
  • Go!Foton, a world leader in fiber management solutions for service providers and data centers, today unveiled its trailblazing NEMO family of patch panels designed for deployment in any conceivable optical connectivity use case, including inside plant, outside plant, and data center.
  • The announcement was made at Fiber Connect 2021, currently underway at Opryland Resort and Convention Center.
  • After 35 years of global industry evolution, Go!Foton has cracked the connectivity code, integrating easy accessibility with any density fiber management, said CTO David Z. Chen.
  • With its unique flexible adapters, stationary trays, simple installation, cost-effective performance, and forward-looking architecture, NEMO lights the path to the future of optical networking.

An Affiliate of Walton Street Capital, L.L.C. Acquires Pacifica, a 324-unit Apartment Complex Near West Palm Beach

Monday, July 26, 2021 - 9:26pm

(Walton Street) announced that it has acquired a newly built 324-unit apartment complex located at 1100 Audace Avenue in Boynton Beach, FL (Pacifica or the property).

Key Points: 
  • (Walton Street) announced that it has acquired a newly built 324-unit apartment complex located at 1100 Audace Avenue in Boynton Beach, FL (Pacifica or the property).
  • View the full release here: https://www.businesswire.com/news/home/20210726005785/en/
    Pacifica, a 324-unit apartment complex near West Palm Beach (Photo: Business Wire)
    Completed in 2020, the property consists of one-, two-, and three-bedroom apartments across six mid-rise elevator buildings that are currently 99% leased.
  • Unit finishes include 9.6 ft. ceilings, private balcony/patios, soft-close Italian cabinetry, open-concept kitchen with quartz islands and stainless-steel appliances.
  • Pacifica is situated in downtown Boynton Beach adjacent to the Town Square complex and features immediate access to I-95 making it a 40-minute drive from downtown Fort Lauderdale and a 15-minute drive to downtown West Palm Beach.

Independence Realty Trust, Inc. Announces Public Offering of 14,000,000 Shares of Common Stock

Monday, July 26, 2021 - 9:21pm

Independence Realty Trust, Inc. (NYSE: IRT) (IRT) today announced that it is commencing an underwritten public offering of 14,000,000 shares of common stock, par value $0.01 per share, in connection with the forward sale agreements described below.

Key Points: 
  • Independence Realty Trust, Inc. (NYSE: IRT) (IRT) today announced that it is commencing an underwritten public offering of 14,000,000 shares of common stock, par value $0.01 per share, in connection with the forward sale agreements described below.
  • IRT expects to grant the underwriters a 30-day option to purchase up to 2,100,000 additional shares of common stock.
  • Barclays, BMO Capital Markets and Citigroup are acting as joint book-running managers of the offering.
  • IRT will not initially receive any proceeds from the sale of shares of its common stock by the forward purchasers or their affiliates in the offering.