| Trane Directors Declare Quarterly Dividend of 16 Cents Per Share of ...
PISCATAWAY, N.J., Feb. 7 /PRNewswire-FirstCall/ -- The board of directors of Trane Inc. (NYSE: TT) today declared a quarterly dividend of 16 cents per share of common stock. The dividend is payable on March 20, 2008, to shareholders of record on March 3, 2008. On Dec. 17, 2007, Trane announced that it had entered into an agreement to be acquired by Ingersoll-Rand Company Limited (NYSE: IR) . The agreement is expected to be finalized in the second quarter of 2008. About Trane Trane Inc. provides heating, ventilation and air conditioning (HVAC) systems and services that enhance the quality and comfort of the air in homes and buildings around the world. The company offers customers a broad range of energy-efficient HVAC systems; dehumidifying and air cleaning products; service and parts support; advanced building controls; and financing solutions.
Small is big at Phila. auto show
The concept cars, the hybrids, the Hummers, the ultra-luxury vehicles, the ubiquitous SUVs and minivans all got their due. But the car that seemed to truly capture the imagination yesterday at the Philadelphia International Auto Show was the itty-bitty Smart Fortwo, which has been available in the United States for less than a month. "Is this the line to sit in it?" asked Robin Emrick of Bensalem. There was no line, just a steady throng of people three deep milling around the two-seater, photographing it, marveling at it, lifting its hatchback, and sitting in it, in some cases, rather snugly. "It's a little shocking to me," said Raymond James, a brand specialist at the Smart Center in Cherry Hill. "I knew it would be popular, but I didn't think we'd be the hit of the show." Curiosity, not car lust, seemed to be the prevailing mood.
In Harford County, trash has a bright future
The air inside the Harford County Resource Recovery Facility in Joppa is filled with an ever-present stench of trash. "That's the smell of money," said Frank Henderson, Harford's deputy director of environmental affairs, as he took a deep breath at the plant that residents call simply "the waste-to-energy." .
COMMERCIAL REAL ESTATE: Biagi transit leases Napa warehouse
Brian Foster of Meridian Commercial is marketing 201 Alameda del Prado for lease or sale. The asking price for the three-story office building is $9.84 million, or about $300 a square foot.
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Marin Freeholders LP, which built 139,000 square feet of office and flex space in the Industrial Marinship District of north Sausalito in the 1960s and 1970s, wants to sell it as a portfolio, according to Orion Partners' Jerry Suyderhoud, who is marketing the property with part-owner John Greene of R.H. Greene.
The 11 buildings sit on seven parcels totaling 5.42 acres along Colma Street between Bridgeway and Gate Five Road. The complex is totally full with 80 tenants, including Sausalito Mini Storage and Pacific Laser.
The owners are taking bids on the portfolio and may sell the parcels individually, according to Mr.
Some realtors tout green' credentials in tough market
Wouldn't you rather work with a Realtor who shares your values in environmental and social responsibility?" and sends its agents to environmentally friendly building courses. Last fall, Harry Norman Realtors in Atlanta had 48 Realtors certified by EcoBroker International, which educates Realtors on eco-friendly homes and marketing. Meanwhile, individual Realtors are carving "green" niches for themselves: Celeste Karan, of Keller Williams Realty in Chicago, started www.greenhomechicago.com, a site where she lists properties and promises "to help home buyers understand what truly constitutes a 'green building.' " Such agents say their knowledge of environmentally friendly designs and materials can help clients in several ways. First, the brokers will link interested buyers to homes that are built with eco-friendly features, like solar power and energy-efficient appliances.
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