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THE WOODLANDS, TX-The drug store's newest Houston-area location will be in the College Park Shopping Center in the Woodlands, where it's snagged a pad site right in front of a Lowe's. Eckerd is planning a mid-summer opening.
DALLAS-Two employees get senior director titles while a third becomes a director, all taking leadership roles to lead the troops in a long-range plan to expand Granite's footprint in existing markets and build a presence in Denver and Austin.
MIAMI-The Boca Raton, FL-based company, which was formed as a Website development firm, now plans to pursue acquisitions of companies involved in real estate and wireless telecom. The move follows investor Rohit Patel's recent acquisition of a controlling interest in the company.
DENVER-According to a report compiled by Robert S. Benton & Associates, the hotel market continues to struggle with year-to-date occupancy remaining below 2002 levels. Hotels around DIA boasted the highest occupancy rate
PHOENIX-For the first time in awhile, the office sector posted a positive net absorption, 334,227 sf. The CBD remains behind, but the suburban submarkets, including the Camelback Corridor, ended the quarter in the black.
NEW YORK CITY-Two surveys conducted by the Alliance of Downtown New York show that major employers in Lower Manhattan see the proposed transit hub at the former WTC site, along with improved airport transportation, as major drivers for sticking in the neighborhood.
MIAMI-The company occupies 12,627 sf at Miramar Park of Commerce in a mid-term deal valued at an estimated $320,000-plus. The distributor of Herman Miller furniture products has 20 employees there and plans to open a showroom in May in Coral Gables, FL.
AVENEL, NJ-Textiles from Europe pays $7.5 million for the asset, which will house its manufacturing, distribution and office operations. CB Richard Ellis arranged the deal.
LOS ANGELES-An LA-based investment group buys the 55,000-sf building at 3670 Wilshire Blvd., with plans for a combination of office, retail and apartments. The buyer's handiwork at such undertakings can be found at the Hollywood News Building.
LONDON-Strong investor demand for UK shopping centre investments helped push turnover in the sector over the #1 billion ($1.6 billion) barrier during the first quarter of 2003, according to new research from DTZ.