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STOUGHTON, MA-Consolidated Freightways is placing its distribution facility located at 1148 Park St. for sale to the highest bidder. The sale is part of the company's liquidation of its assets under orders of the bankruptcy court.
ORLANDO-The 75-year-old national commercial construction materials company hasn't found a tenant for the 56,000 sf of class A office it vacated in June to move into its own 225,000-sf, five-story Downtown Hughes Square on West Church Street.
LAUREL, MD-The two-decade old Babies 'R' Us readies for its $4 million upgrade and manages to increase the occupancy level at the same time by securing two new tenants.
WEST WHITELAND TWP., PA-Two office/warehouse condo suites here are on the sales block for $2.1 million or for lease at $14 per sf for the 5,040-sf office area and $6.50 per sf for warehouse space totaling 13,351 sf.
TAMPA, FL-Despite rising vacancies and lowered rents, buyers are chasing fewer properties this year in the Tampa Bay multifamily market, with some of the same properties being sold two and three times in a short period for a quick profit, according to a new industry analysis by Marcus & Millichap.
GLENDALE, AZ-Arizona Leather Co. lines up a 12,440-sf freestanding building in a soon to be completed 61,207-sf shopping plaza along Bell Road, a popular landing ground for furniture retailers. The lease is valued at $1.2 million over its term.
DALLAS-More than one million sf of industrial projects will begin rising in the coming months, inside and outside the northern border of the DFW International Airport as developers take a cue from recent leasing activity. All but Hillwood is bringing out spec.
DENVER-ProLogis, described as the world's largest industrial REIT, has closed on a $510 million, multi-currency revolving line of credit to finance land acquisition and property development in Europe and for its general corporate purposes.
BLOOMFIELD HILLS, MI-Simon Property Group continues its efforts to acquire control of Taubman Centers Inc. The current dispute is over differing totals on what percentage of shareholders have accepted Simon's $20 per share tender offer.