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TEMPE, AZ-Tosco's 170,000-sf new building is up for grabs, with brokers now looking for tenants. A company takeover by Phillips Petroleum means it's just extra space.
ELK GROVE VILLAGE, IL-MET Prototype Molding Inc. buys 30,636-sf 701 Lee St. to expand its operations in this northwest suburb in the O'Hare submarket from D'Oro Enterprises of Arlington Heights, IL.
HOUSTON-International freight forwarder Zust Bachmeier USA has sealed a 48,246-sf deal for more warehouse space in a property along Ranking Road. At Bayport North Industrial Park, Calpine Central has leased 45,919 sf.
HOUSTON-Four tenants have finalized pacts for an aggregate 16,969 sf of office space in the metro area. Safety-Kleen has signed for the largest spot with BancTec USA in a close second.
SAN FRANCISCO-The addition of a top producer from Cushman & Wakefield's local office as Insignia's new senior managing director underscores the commercial firm's commitment to expanding its operations in the area.
AUSTIN-Southern Union Co. is taking an extra 7,500 sf for a total of 51,000 sf in the under-construction Barton Skyway IV. And, it could end up the lead tenant for now if Vignette decides to withdraw its commitment for 108,000 sf.
ROSELAND, NJ-The Florham Park, NJ-based owner/developer's recent transactions show that the market is alive and well with companies desperately seeking space. It recently signed leases for almost 14% of its total 1.1 million sf.
BREA, CA-A June ground-breaking is scheduled for the $35-million Voit Brea Business Park. The developers say it will be the largest speculative industrial park to rise in Orange County in several years.
HOUSTON-It's shapiing up to be a stellar year in land sales, says an area broker. Some 7.3 acres alone have been sold in Cedar Creek Crossing Park. Activity could be the hardiest it's been in five years.
EMERYVILLE, CA-Despite the softening market, Wareham Development says it has completed seven lease deals totaling more than 67,500 sf at the two local developments.