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HOUSTON-Coastal Cleaning & Restoration will relocate within the week to Clay Hempstead Business Park, signing a medium-term lease for 12,354-sf in a recently renovated building at 8758 Clay Rd.
SUN VALLEY, CA-North American Foam and Paper Co. doubles in size in a relocation of its headquarters and manufacturing from North Hollywood, acquiring a 15,050-sf structure and triggering a consolidation plan by the seller.
MIAMI-Luis A. Espino was named vice president of the commercial real estate advisory firm's office here. Previously an associate, he has been a developer and real estate investor for more than 25 years.
ORLANDO-Nine banks are providing the locally based REIT with an unsecured credit facility of $225 million, up from $200 million. The new facility has an extended maturity to May 2006 and provides a competitive bid option for up to 50% of the facility amount.
FRISCO, TX-The Westchester, PA-based Noble Learning Communities has tapped the 162-acre office development for its third Texas school, breaking ground on a one-acre "learning curve" near the park's entrance.
LONDON-Industrial specialist Brixton is claiming the biggest industrial letting in Bracknell, Berkshire, so far this year with a 22,853-sf deal at its 165,000-sf Sterling Centre.
DENVER-The first of its kind in Denver, Northern Ireland businesses are looking for office space to open a Northern Ireland Technology and Development Center. It will be the first stopping point for Denver companies that want to do business in Ireland, as well as Irish companies that want to do business in Denver.
ATLANTIC CITY, NJ-Built just six years ago at a cost of $7.5 million, the terminal building has been deemed more valuable as a retail building within an under-construction shopping complex.
NEW YORK CITY-Additional details of the 40-year master plan for revitalizing Hudson Yards including constructing a new sports and convention center were discussed at the Metropolitan New York Chapter of the Appraisal Institute Joint Region IV and V Symposium.
UNIVERSAL CITY, CA-The inaugural version of the San Fernando Valley Economic Forecast cites "continued vibrancy" in real estate but sluggishness in other areas. Lost jobs will be regained, but they aren't likely to be high-paying manufacturing jobs.