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LONDON-Distribution ptroperty specialist proLogis has by Rugby Council to build a new 446,000-sf distribution warehouse for publishing group Pearson at Central Park, Rugby, Warwickshire.
BOSTON-Design Link International opens a showroom on the penthouse and seventh floor of 145 Tremont St. The furniture company is leasing 6,109 sf of office and retail space in the 36,899-sf building.
RICHMOND, VA-United Dominion Realty Trust Inc. makes an addition to its staff with the recent hiring of 20-year real estate industry operator Dan Adams. The former chief operating officer of Digital Lighthouse Corp. will be the company's executive vice president of operational strategy.
LONDON-In the first major central London transaction of the year, Kier Property has pre-sold its 93,000-sf office scheme at Whitehall Place, London SW1, to a partnership arranged by a Merchant Place Corporate Finance syndicate for more than pounds 40 million ($64 million).
DALLAS-Dallas brokers showed up by the hundreds for the first meeting of the year to network and hear a high-profile quartet of deal makers talk about the positives and the negatives of the past, the present and the future.
NEWPORT BEACH, CA-Health Care Property Investors Inc. posted its highest ever funds from operations (FFO) in 2002, according to the company's year-end earnings statement released Tuesday.
RALEIGH, NC-CB Richard Ellis-Raleigh taps Mark Prevost as senior vice president of leasing for North Carolina's Research Triangle. His focus will be on building and maintaining relationships with tenants as well as owners and investors.
HOUSTON-Reel In relocates from Magnolia, north of Houston, to the northwest submarket, taking an entire building in the Northwoods Industrial Park. The firm eyed buying, but then opted to because the park is close to its customers.
YORKTOWN, NY-Celestial Capital Group, Inc. of New York City has obtained $7 million in permanent financing for its newly constructed Mohegan Lake/Route 6 Plaza shopping center here. Holliday Fenoglio Fowler LLP arranged the deal with Solomon Smith Barney.
PIACENZA, ITALY-The cosmetics and pharmaceuticals distributor already leases a 328,442-sf ProLogis facility here. Construction on the new building will begin in early February and is scheduled to be completed in September.