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HOWELL TOWNSHIP, MI-An aluminum manufacturer plans to use $2.8 million in state funding to build a new manufacturing center in Livingston County. The 75,000 sf facility will be built with funds from the state's Industrial Bond Program.
ORLANDO-The Hartford leased 65,000 sf for an estimated 10 years at an estimated aggregate rent of $12.35 million at Colonial Center 200. Four other leases brought the 155,000-sf office building to 85%. Two leases at the twin Colonial Center 100 building raised occupancy to 100%.
RANDALLSTOWN, MD-The Wylie Funeral Home expand beyond Baltimore with the development of a new 11,000-sf location in Randallstown. The state-of-the-art facility will cost $3 million to develop and is scheduled to open next March.
CHANDLER, AZ-Art Wholesalers stamps a five-year lease for the lion's share of the industrial building at 6607 W. Boston St. in a near $1.6-million deal put together by CB Richard Ellis and Trammell Crow brokers in Phoenix.
MONTEREY PARK, CA-The Santa Ana-based specialist in tenant-in-common purchases buys the 100,991-sf office complex from an investment group for $16.15 million.
ARLINGTON, VA-With county officials signing off on the $75-million project, the team will create a 316,000-sf office, retail and residential complex that allows for the preservation of two historic structures.
AVON, MA- IKEA is looking at locations about 25 miles south of Assembly Square in Somerville where it has been trying to build a 250,000-sf store for the past four years. IKEA emphasizes that it will continue with its Somerville plan.
LEOMINSTER, MA-Kimco Realty Corp. sells the 662,804-sf Searstown Mall for $64.5 million. The REIT says it will use the proceeds from the sale to fund its investment pipeline of neighborhood and community shopping centers.