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ORLANDO-Mitsubishi Heavy Industries America Inc. of Newport Beach, CA has selected the 155,000-sf, 75%-leased Colonial Center 100 building being developed by Colonial Properties Trust in suburban Lake Mary, FL.
ORANGE COUNTY-Area brokers say the industrial real estate market here is still performing strongly despite a slowdown in the county's manufacturing sector that has affected production, employment and new orders.
LOS ANGELES-An insurer and a law firm take 108,000 sf of office space in the beleaguered CBD. Brokers say vacancies in the area will continue to drop as tenants seek affordable alternatives to the pricey Westside and other submarkets.
LOS ANGELES-An insurer and a law firm take 108,000 sf of office space in the beleaguered CBD. Brokers say vacancies in the area will continue to drop as tenants seek affordable alternatives to the pricey Westside and other submarkets.
ORANGE COUNTY-Area brokers say the industrial real estate market here is still performing strongly despite a slowdown in the county's manufacturing sector that has affected production, employment and new orders.
LOS ANGELES-Archstone Communities LP pays $4.2 million for a restaurant at 8360 West Manchester Ave. that it plans to raze and replace with apartments. The seller is a private partnership known as 27th/Pico Boulevard II LP.
CLAREMONT, CA-The 75-unit complex stands at 510-522 S. Indian Hill Blvd. The seller was private investor David C. Cook. The buyer is a private partnership known as Indian Hill LLC.
DENVER-The Boeing Co. is wending its way to Denver Tuesday and Wednesday. It's the final stop on a three-city building tour to decide on its headquarters location. Boeing says its broker has done a good job of limiting the options.
DELRAN, NJ-First quarter transaction activity is described as "heavy" in the southern counties and the market remains tight, especially for class A space and big blocks in general.
BAYTOWN, TX-Home Depot will build the largest warehouse structure that's been undertaken in the past seven years in the Houston metro area. The home improvement center has closed on 40 acres for the facility that will service stores in six states.