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DALLAS-The Houston-based vehicle repair chain inks a 10-year lease for an under-construction spec building in a stretch of high-end dealerships near University Park. The location is the second in the Dallas area, but come spring the scouts go out again.
ACCIDENT, MD-Local test systems company Phenix Technologies Inc. decides to stay put in Garrett County and announces plans to build a new 68,000-sf home in the Central Garrett Industrial Park.
CHARLOTTE, NC-Inland Real Estate Corp. of Oakbrook, IL pays $42 million for a 429,531-sf power center here and Portland Investment Co. of Los Angeles pays $25 million for a 194,488-sf power center on Greenville, SC.
EAGAN, MN-About 150 employees will move to the 33,700-sf space in a project built from a recycled parking ramp. The project involved a $1.2 million builtout.
BEDFORD PARK-Food processor and distributor CAPG 65th LLC buys the 230,100-sf building on more than a quarter-acre at 7123 W. 65th St. for $2.15 million from Oakland-based Clorox Inc., which used the building to make Brillo pads.
MARLBORO, NJ-The project, which is being done by Marlboro Sports Center LLC, is a slightly scaled-back version of an earlier proposal. The approval is contingent on completion of a traffic study.
ATLANTA-One of 66 international graduates in the special one-year-old course, John DeCouto, senior director, Advantis/GVA, has completed the study program for the CoreNet Global's Senior Leader of Corporate Real Estate designation.
BURBANK, CA-The Construction Industry Research Board forecasts a 2.7% in California construction in 2004 after increases in both of the preceding years.
GAINESVILLE, GA-American CBI of Conyers, GA and New York-based Endeco International expect to break ground in late 2004 on a two-building, 750,000-sf enterprise in this suburban city where guests will be shuttled by helicopter to and from nearby Hartsfield-Jackson International Airport.
KENTWOOD, MI-The expansion of a shopping mall has been approved in this west Michigan city. The project will involve the demolition of a nearby building.