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CHICAGO-In the wake of the 2.52-million-sf AON Center changing hands, another 10 office properties are under contract, according to a report by MB Real Estate.
CANTON, TX-Homemade Gourmet will move in mid-June to its 22-acre campus, where a retooled 22,000-sf building stands ready. The structure is an interim solution to get the team in one spot. This year, works starts on a new office building and production facility.
FORT MYERS, FL-Cecilia Cutcher was hired as marketing coordinator for Gary Tasman, Scott Robertson and Shawn Stoneburner. Meanwhile, the firm opened its second office and reported a Q1 sales hike of 26%, compared with first quarter 2002.
LOS ANGELES-Blue Real Estate Management banks its 13th deed in Southern and Central California with a 106,000-sf vintage building, now offices, that originally was designed as an exhibit hall for artisans.
TEANECK, NJ-The New Jersey chapter of the National Association of Industrial and Office Properties (NAIOP) honored industry leaders for their contributions at its 16th annual gala on May 14.
SAN DIEGO-Mayor Dick Murphy reappoints Tyler Cramer to the commission, which investigates and improves dwelling conditions in the city of San Diego. Tyler is director, officer and principal at the law firm of Olmstead, Cramer & Pizzuto.
HOUSTON-IBM cuts the deal after a 22-year sale/leaseback sours when the deed holder, Shorenstein, is introduced to a buyer from Miami. Exercising its right to buy, IBM immediately passes the deed to a Houston investor for upward of $25 million.
HUNTINGTON BEACH, CA-Essex Property Trust of Palo Alto buys the 400-unit complex from AvalonBay Communities of Alexandria, VA, and renames it to Huntington Villas. The 93%-occupied property was fully renovated last year.
RANCHO BERNARDO, CA-The majority of Cymer's new 265,000-sf office and laser manufacturing facility is complete, with initial occupancy already underway. The building will house Cymer's manufacturing, assembly, testing, shipping and receiving operations, along with a major data center and office support.