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ROMEOVILLE, IL-The sixth of a potential 12 buildings at Panattoni Development Co. LLC's Windham Lakes Business Park is filled by the Sanford, NC-based packaging company, which takes space in a building already occupied by Gart Sports Co.
NEW YORK CITY-It might sound obvious, but analysts have officially predicted a negative impact on the hotel and travel industries resulting from the current war in Iraq. However, a turnaround may still be expected later this year, given the war ends quickly.
ATLANTA-The first two mixed-use proposals by DRA Development in Stockbridge and Locust Grove, GA have been approved by the Georgia Regional Transportation Authority and the Atlanta Regional Commission. The third venture is under review this week.
ROCKAWAY TWP., NJ-National Realty & Development's Rockaway Center, expected to be delivered by mid-2004, will be anchored by Wal-Mart, Bed Bath & Beyond and Modell's.
AUSTIN, TX-Alexander & Baldwin Inc. is back on the hunt following last year's sale of several Mainland shopping centers from its income property portfolio. In its first buy, the firm acquires the 184,600-sf Boardwalk Shopping Center near Austin for $23.1 million.
SALEM, OR-By early next year, 1,200 acres in Gresham and 700 acres in Wilsonville, Tualatin and Hillsboro that were brought inside the urban growth boundary in December could be rezoned for industrial use thanks to their confirmation Thursday by the state's Land Conservation and Development Commission.
SANTA ANA, CA-MDG Capital Group of Encino acquires the 46,508-sf Carnegie Centre One building, which was nearly filled during escrow with the leasing of 7,000 sf. The 18-year-old building will be held for the long term, says the buyer's broker.
WHITE PLAINS-Two local law firms and an engineering company have signed sublease deals with IBM at 44 Broadway in White Plains totaling 41,800 sf of space, according to Newmark & Company Real Estate.
IRVINE, CA-Construction has been completed on the Dottie and George Hewitt Research Hall, a 78,870-sf lab and office facility designed by Carrier Johnson. The building is the third of 11 in the university's biomedical research center.