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TOLLESON, AZ-Centex construction crews complete another manufacturing facility for Western Container, a Coca-Cola affiliate. The Arizona project, though smaller, is similar in design to one in Mississippi.
PHOENIX-The firm of Scott & Skelly sign a long-term lease valued at $763,704. The deal encompasses 7,361 sf and takes County Club Manor in Central Phoenix to 82% occupancy. In a smaller deal, GSC Search heads into Viad Corporate Center.
TEMPE, AZ-The high-tech giant acquires five lots from the City of Tempe. The city's original plan was to use the industrial site for a water-treatment facility. With that idea scuttled, Verizon taps the land for a cellular switch station.
HOUSTON-Trammell Crow, on behalf of a local investment group, launches Century Oaks Business Park, a 28-acre industrial development. The first five buildings, totaling 208,000 sf, will begin to rise in the summer.
KATY, TX-The broker credits buyer and seller with the "serious perseverance" needed to close a late summer 2001 offering. NBC Holdings, at last, gets the title from Fairfield Residential for the Kingston Villas. The asking price was $30 million.
PHOENIX-The 483-unit Sunplace Apartments brings in $9.9 million for its Las Vegas seller, who is reinvesting proceeds from multifamily sales into its hotel properties. Bigelow's Desert Star is on the market for $11.9 million.
HOUSTON-The stressed-out tony submarket, shouldering its share of class A vacancy, gets some relief with a new deal. JPMorgan Chase's office is located in the 76%-occupied, 286,773-sf Chase Bank of Texas Building.
HOUSTON-The 5959 Corporate Dr. tenant stays put, but strikes a deal to double its office space in the WiredZone property. The high-tech tenant will vacate offices in Westchase and Greenspoint in a triple location consolidation.
SCOTTSDALE, AZ-Koala Blu readies a 4,387-sf spot at the Scottsdale Horizon while furniture distributor, Steiner, heads into 3,907 sf at the Village at Prescott Gateway. The premier retail locations come with good neighbors.
PHOENIX-The 483-unit Sunplace Apartments brings in $9.9 million for its Las Vegas seller, who is reinvesting proceeds from multifamily sales into its hotel properties. Bigelow's Desert Star is on the market for $11.9 million.