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JERSEY CITY-What started out as a potential office building proposed by Schenkman Kusher Affiliates has morphed into a project that figures to stabilize this city's downtown residential component.
LONDON-Total take-up of distribution warehouse space in 2002 was down by 13-pc year-on-year to 11 million sf, says research by property consultant CB Hillier Parker. It is the first year-on-year fall since 1998.
FORT WORTH-Andersen Corp. takes 39,884 sf in AllianceTexas for its first Texas distribution center while a local name, Kool Kids, goes for 11,775 sf in Carrollton. One is moving in and the other turns on the lights May 1.
CHICAGO-The nation's fastest-expanding doughnut chain is set to add another location in metro Chicago, at a retail redevelopment on the border of the city and the western suburb of Oak Park.
WEST GREENWICH, RI-The provider of online lottery services to governments says it is selling its 260,000-sf headquarters building in West Greenwich and building a new one in Downtown Providence as well as a new manufacturing plant in West Warwick.
CHANDLER, AZ-The Gilbert-based firm spends $453,000 for a building site in Chandler's Westech Corporate Center. The relocation plan drives a building project for a 40,000-sf office/warehouse.
TRENTON, NJ-As the Governor rolls out new proposals to buttress his statewide growth-management campaign, opponents in the real estate community find even less to like about it and are becoming increasingly vocal.
DENVER-Net retail absorption is up in the first quarter of 2003, compared to the last quarter of 2002; and vacancy rates are down slightly in most submarkets.
FAIRFAX, VA-Willow Oaks III, the third structure to open in Prentiss Properties' Willow Oaks Corporate Office Park, has opened its doors to a new tenant, Lanier Worldwide Inc., which recently moved into 12,000 sf of space.