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NEW YORK CITY-Showing the industry that it has already moved past the departure of president and CEO Barry M. Barovick, chairman C. Michael Kojaian reveals a new organizational structure, topped by four transaction and property management specialists.
BOSTON-The Museum of Science plans a $135-million expansion and renovation project that involves adding a new wing onto the 200,000-sf facility. Museum officials anticipate that the project will make the museum a center for technological education.
SAN DIEGO-The buyer, Ranroy Co., plans to build a 45,000-sf print shop on the site. When completed, the firm will relocate its Kearny Mesa-based printing business to the new facility.
GLENN DALE, MD-In a sign of the times, shelter and biological decontamination systems provider TVI Corp. moves into a bigger space in a structure at 7100 Holladay Tyler Rd. The company's new home offers 63,000 sf of space to be used for corporate offices and manufacturing.
MIAMI-The company leased the space at Gratigny Industrial Park from Smith Terminal in a deal valued at about $2 million. Iberia World Foods is consolidating its Medley and North Dade locations to house a food warehousing and distribution facility.
CHICAGO-Two developers have failed over the last four years to build a desired retail or mixed-use project at the northwest corner of Armitage and California avenues. The city is trying again, hoping to sell the 49,050-sf site for $2.45 million.
AUSTIN-For the most part, the city was sold out for the five-day festival's 17th year, with about 4,000 room nights booked. The final tally still is being calculated, but preliminary numbers show the 17,000 attendees spent an average of $264 per day.