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BALTIMORE COUNTY-The 625,000-sf Rosedale Business Park becomes the stomping ground of two new businesses as Brock Tool Co. and golf cart dealer Red Hawk LLC commit to leasing entire structures totaling 32,000 sf and 25,000 sf, respectively.
ATLANTA-Clearly targeting the meetings industry and business events marketplace, the Downtown Sheraton Atlanta Hotel plans to increase its total meeting space to 83,000 sf when it begins construction of a 33,000-sf conference center addition this month.
ORLANDO-Local developers Tom Ustler and Bill Fagan of Ustler/Fagan Inc. pay an average $93,960 per acre for a total 74.5 prime, mixed-use-zoned acres in the center of suburban Ocoee, a local bedroom community seven miles west of Downtown.
ADDISON, IL-The 65,180-sf building at 2105 Corporate Dr. is 57% occupied, but it still commands a $58 per sf price from a partnership of HSA Commercial Real Estate and Bridge Development Partners.
PHILADELPHIA-Two separate transactions in the western suburbs suggest small companies are strengthening that market. An Internet-based service firm expands to 6,000 sf in Malvern's Valleybrooke Center, and a wholesaler acquires an industrial condominium in Downingtown for $76 per sf.
LONDON-Ashtenne Holdings and Morley Fund Management have attracted a further pounds 29 million ($47 million) of new investment into the Ashtenne Industrial Fund, a limited partnership investing in industrial property.
PHOENIX-Stephanie C. Davis and Paul Holland become part of the Colliers International retail division in Phoenix. The real estate veterans are regulars on the "top retail producer" roster for the region.