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HOUSTON-The Arizona-based developer's tract is at the East Houston intersection of Wood Forest Drive and Maxey Road. The plan for the land is to build the 381st Walgreens in Texas.
RIDGEFIELD, CT-In a deal that affords the firm more room, but keeps the company within the borders of Ridgefield, CinemaSource has signed a lease for 11,475 sf of space at 63 Copps Hill Rd. here.
FULLERTON, CA-Private investor Richard Bracamonte snatches up an industrial facility at 1400 Manhattan Ave. The warehouse houses the West Coast plant and manufacturing operations for North American Enclosures, a manufacturer and distributor of picture frames.
ORLANDO-The five-story, $20 million Three Resource Square in the 1,000-acre Central Florida Research Park will complement One and Two Resource Square completed in 1999 and 2000 respectively. Both are fully leased and owned by the Brookdale Group of Atlanta.
MIAMI-New construction has shut down with only 134,403 sf in the pipeline as vacancies increase by 4.4%, according to a second-quarter study by Cushman & Wakefield of Florida Inc.
LONDON-New research from Cushman & Wakefield Healey & Baker underlines the growing divergence betweeen the boom in investment activity and the depressed occupational market.
MIAMI-Vacancies are up for eight consecutive quarters to 17.5%, the highest level since 1994, according to a second-quarter market report by Cushman & Wakefield of Florida Inc. Miami Beach has a 28.4% vacancy level, the highest of all the area's submarkets.
LONDON-New research from Cushman & Wakefield Healey & Baker underlines the growing divergence betweeen the boom in investment activity and the depressed occupational market.
MIAMI-Leasing activity is down 30% as new construction slows with only 405,000 sf being built versus 1.5 million sf in the comparable 2001 quarter, according to a new market report by Cushman & Wakefield of Florida Inc.
WOODBURN, OR-The buying group, JLR LLC, includes Larry Bruce, owner of Silverton, Ore.-based Bruce Packing Co., which will apparently be leasing all or part of the purchased property. The deal included 80 acres of agricultural land and a 75-acre food processing plant containing several industrial buildings totaling 390,000 sf.