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ORLANDO-The Ginn Co. of Orlando has booked $320 million in pre-construction sales to 700 families since the 600-unit, 1,000-acre oceanfront community in Palm Coast, FL was first announced in June 1999.
BOSTON--Tufts University's Jaharis Family Center for Biomedical and Nutrition Sciences, a $65-million project opens. The 180,000-sf building, located in the heart of the city, is part of the university's expansion of its Health Sciences campus which will ultimately involve over 650,000 sf.
GRESHAM, OR-Developer Opus Northwest has four buildings under development at the 54-acre business park, including two build-to-suit industrial buildings and two speculative flex buildings. The two build-to-suit facilities will total just over 100,000 sf and the two speculative buildings will total about 70,000 sf.
RIDGEFIELD PARK, NJ-Heyman Properties enters the New Jersey market with the acquisition, by one of its affiliates, of the 213,000-sf, class A, 85 Challenger Rd. in Bergen County.
SAN FRANCISCO-Morgan Stanley signs a renewal lease for approximately 100,000-sf at 101 California St., a 48-story tower encompassing 1.2 million-sf of office space in the heart of the Financial District.
BINGHAM FARMS, MI-The brokerage company's Rosemont, IL-based shopping center investment team will handle liquidation sales of Malan's retail properties in a deal that will last until October 2003.
CHICAGO-Oak Brook-based CenterPoint Properties Trust is seeing some of its local tenants opt to lock in space at current attractive rates, while nationally focused First Industrial Realty Trust Inc. sees corporate clients selling space.
AUSTIN-The Heritage Society of Austin's new report offers suggestions for delivering structures that will stand the test of time. The 57-page study, several years in the making, has gone out to developers, architects and government officials.
CAMBRIDGE, MD-Kennett Square, PA-based Mushroom Canning snaps up Nabisco Inc. subsidiary Kraft Foods' 168,450-sf manufacturing plant for $2.5 million. Valued at $5.8 million, the 55-acre property currently serves as the manufacturing and packaging site for Grey Poupon mustards and A-1 Steak Sauce products.
DETROIT-Hutzel Women's Hospital transfers operations two blocks to the Detroit Medical Center complex, where it will still continue 130 years of complete care for women only once a 170,000-sf renovation is complete.