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SUITLAND, MD-The Washington Metropolitan Transportation Authority gets its new 87,500-sf, 39-acre storage yard at the Branch Ave. Metro Station up and running with the assistance of the Clark Construction Group Inc.
GOLETA, CA-The maker of scientific instruments is the first company to reserve space, 20,000 SF, in the Hollister Center since owner Sares-Regis began renovations at the 106,000-sf office building, former home to Applied Magnetics.
CHICAGO-A full-service bank is one option already being explored for the former El Centro Supermarket at 47th Street and Honore Avenue, which has been vacant for about five years. The city will try to acquire the property, which traded for $320,000 three years ago, for fair market value.
CHICAGO-Seven oases in the suburbs and outlying areas will be rebuilt or renovated by the Los Angeles-based retail developer, which also signed a 25-year lease deal with the tollway authority. Wilton Partners will find tenants in addition to McDonald's at the 40,000-sf oases.
THE WOODLANDS, TX-The AutoNation project is going up on nine acres with Interstate 45 visibility in an area where land, on the average, sells for $8.72 per sf. The Woodlands tract will house a BMW and Mini Cooper dealership.
LOS ANGELES-Daniel Williams makes the jump from the Orange County Business Journal to helm the growth and shape the editorial content of the four-year-old industry publication.
PHOENIX-A Mesa couple collects top dollar with the multi-tenant, garden-style office building at 1717 E. Morten Ave. Getting the full asking price, though, is no longer unusual, says the broker.
HOUSTON-Tractebel, a Houston Galleria submarket tenant, trades class B office space for class A in a near even swap in size. The 10-year lease falls to Crescent after an extensive search inside and outside the submarket.
ATLANTA-Five hundred yards from the planned $200 million Georgia Aquarium downtown, the 76-year-old, 12-story, 90,000-sf Medical Arts Building could surface in 2005 as an apartment, condominium or hotel property.
WASHINGTON, DC-The City Museum opens its doors as The Clark Construction Group wraps up redevelopment of Carnegie Library Building, the 64,000-sf structure that houses the new museum.