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RICHMOND, VA-In an effort to bring a higher quality shopping environment to its customers, Circuit City Stores Inc. looks to Millennium Retail Partners for help in buying or leasing new store spaces across the country. The company's goal is to open 50 34,000-sf stores in 2004.
MIAMI-Keystone, which originally planned to occupy the 12,000-sf space at the Colony Plaza professional complex in Bonita Springs, FL, now is talking with potential tenants about leasing half and re-selling the other half of the condo space.
SAN MARCOS, CA-Las Posas No. 1 LP pays $2 million to the Coca Cola Bottling Co. of Los Angeles for the parcel. The new owner plans to hold the site for future development.
FLAGLER BEACH, FL-The one-year-old, Las Vegas-based entrepreneur is paying Flagler Beach, FL owner Rosemary Williams Hardman no hard cash in the $500,000 acquisition of her trademarked pet business on 5.47 acres at 711 John Anderson Highway. The buyer is giving the seller a promissory note for $200,000 and company stock valued at $300,000.
HOUSTON-The Crescent office buildings land three newcomers and a renewal for the class A total. Finish-out is underway for the last inbound tenant, Concert Capital Resources, which signed for 2 Houston Center in the CBD.
NORMAL, IL-Mitsubishi Motors North America Inc. will remodel and expand its current facility by approximately 410,000 sf. This plant produces about half of the firm's passenger car sales in the U.S.
ROSELLE, IL-The soft-drink dispensing machine equipment supplier finds larger quarters with twice as much clear ceiling height at 100 N. Gary Ave. in Turnberry Business Park, and gets tax breaks by moving from Schaumburg.
RANDALLSTOWN, MD-The Deer Park Apartments complex becomes the property of Apartment Services in a $9.5-million deal with seller Equity Management/Advantage Properties. The 168-unit residential compound is valued at $4.2 million.
NEW YORK CITY-Miss Sixty has expanded its lease at 435 Hudson St. to 14,000 sf and Morgenthal Frederics has claimed one of the last parcels at the AOL Time Warner Center--a 400-sf ground floor shop.
FLAGLER BEACH, FL-The one-year-old, Las Vegas-based entrepreneur is paying Flagler Beach, FL owner Rosemary Williams Hardman no hard cash in the $500,000 acquisition of her trademarked pet business on 5.47 acres at 711 John Anderson Highway. The buyer is giving the seller a promissory note for $200,000 and company stock valued at $300,000.