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HOUSTON-For the second time in 45 years, a Port of Houston exec will lead the International Association of Ports and Harbors. Tom Kornegay takes over in 2005, two years before the group's biennial global conference docks in town.
SOMERVILLE, MA- Dean's Pastacia, a pasta manufacturer, is relocating from Charlestown Commerce Center to the former Aesop's Bagel's building at 15 Garfield St. which it bought for $1.3 million from a realty trust.
LONDON-Southwark council has unveiled a pounds one billion ($1.6 billion) masterplan to regenerate the Elephant & Castle district of South-East London after two earlier regeneration plans failed.
DENVER-Retail contract extensions proposed by current Mayor Webb for concessions at DIA may be reviewed by Mayor-elect Hickenlooper. City Council will discuss the extension issue in a meeting on Tuesday.
WOODLAND HILLS, CA-Private investors from Los Angeles get five fully leased buildings and one that's partially vacant in the 158,459-sf portfolio sale by LA's Kearny Real Estate. The industrial sale closes with $17.6 million in financing.
PHILADELPHIA-The decision removes one major Center City tenant from the list of more than two dozen with leases soon to expire that are still playing the field. The four-floor, 92,352-sf lease is valued at more than $22 million.
RIDGEFIELD, NJ-The buyer, a maker of dietary supplements, will use the facility for general purposes in the wake of a transaction engineered by NAI James E. Hanson.
MIAMI-The two-tower, 119-unit, waterfront condominium development is planned to start construction this summer in Aventura, FL. Kaufman has seven years of experience in South Florida real estate.
LONDON-The Leeds-based investment and development company, Evans Property Group, has sold its freehold interest in Global Court, an 85,145-sf office development at Millshaw in Leeds, West Yorkshire.
LA JOLLA, CA-La Jolla-based Scripps Investments & Loans Inc. has provided the financing to the project's developer, Rancho Heights LLC, which plans to use the loan for construction on the Coachella motor coach community.