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SOUTHAVEN, MS-The warehouse facility is purchased for $16.2-million by El Paso, TX-based Helen of Troy Ltd., a manufacturer and distributor of personal grooming products. Industrial Development International's Airway Distribution Center wins out over 11 sites in nine states.
DALLAS-One tenant goes to Thanksgiving Tower and the other heads into the West End's Awalt Building. The good news is it's an absorption of 9,751 sf of class A space for the downtown office market.
BOSTON-The Massachusetts Port Authority wants to develop 30 of the 40 acres of Subaru Pier, which is located on the Massport Marine Terminal. The property has been used by the Big Dig project but will become available for redevelopment between 2003 and 2007.
SEATTLE-Citing depressed prices and demand for lumber, the Seattle-based company forecasts lower first-quarter and full-year 2003 results. Anticipated real estate revenue for 2003 is expected to be between $80 and $100 million.
MIAMI-Spec investors 81-82 High Ridge Development LLC bought vacant lots 81 and 82, at High Ridge Road and Gateway Boulevard, from Boynton Industrial Realty Corp. No plans have been announced for the land.
DENVER-The U.S. Conference of Mayors has named Denver's Stapleton Redevelopment Project as the top award-winner for outstanding public-private partnerships
PORTLAND-The president of Portland-based Harsch Investment, a major player in several Western real estate markets, will give a presentation on how Portland stacks up against the rest of the West Coast. US Bancorp's Western Regional Economist John Mitchell also will be on hand.
AUSTIN-John-William Fine Furniture & Interiors exits 8,160 sf at 8750 Shoal Creek Blvd. for 9230 Research Blvd. in the north central submarket. The five-year deal also puts the office and warehouse under one roof.