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BUENA PARK, CA-With the first phase of 1.4 million sf filled, Overton Moore begins working on 432,000 sf of "for sale" or "for lease" industrial product for delivery late this year. A $19.7-million loan facilitates the launch.
IRVINE, CA-A family partnership buys the empty industrial property in the Irvine Spectrum, with plans to renovate and market it for lease in a $3.6-million closing with Emil Eberle Properties of Newport Beach.
SAN DIEGO-Burnham Real Estate Services brings Greg Bisconti on board as associate vice president. In this position, he will handle sale and leasing of office assets in the core markets of San Diego from North City to downtown.
WEST CHICAGO, IL-WinCup renews its lease of a warehouse at at 1250 Carolina Dr. in this DuPage County suburb while Berkshire Hathaway subsidiary Shaw Industries will relocate from Bensenville to 2410 Galvin Dr. in Elgin.
TEMPE, AZ-The firm didn't have to roam far to find the expansion space that it needed. The five-year lease covers 40,000 sf in a building just 150 yards away from its old address. Expansion room, freeway exposure and aggressive pricing close the deal.
SEATTLE-As the first quarter comes to a close, overall office vacancy in the Greater Seattle region stands at 16.74% while Downtown Seattle vacancy is 16.14% and Eastside vacancy is 16.81%, according to a new report from the local offices of CB Richard Ellis.
LONDON-War in Iraq may reinforce the attractions of real estate investment in Europe, but the overall effect on the property market will depend on the length and outcome of the conflict, according to Jones Lang LaSalle.
NEW YORK CITY-After more than 100 years downtown, the law firm of Pillsbury Winthrop LLP is moving out April 2004 and going to six full floors in Times Square's 1540 Broadway.
READING, MA-MassHousing, the state's affordable housing "bank", ensures the affordability of a 74-unit complex by making the loan commitment. The refinancing is the first for this type of development, which was built in 1983 with financing from HUD.
DENVER-Organized around the theme of "Denver: Special Places, Unique Environments," the National Planning Conference expects to draw approximately 5,000 regional planners, city officials and community leaders.