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CAMARILLO, CA -Zero Gravity, a leading manufacturer and worldwide distributor of motorcycle windshields, acquires a 28,647-sf industrial facility for nearly $2 million that will triple its size.
ORLANDO-With one month left to compute, September, Orange County Comptroller Martha O. Haynie and other county officials are not optimistic the 12-month total will reach either the initial projected figure of $112.6 million or the revised amount of $90.6 million. The number stands at $85.5 million for 11 months.
CHICAGO-This week word came of two major office properties trading hands in the Downtown Chicago market, the latest in a string of similar acquisitions. German money seems to be one of the driving factors.
NEW YORK CITY-Dimac Holdings Inc. subsidiary Transkrit sells the industrial building to Creative Bath designs in a $9-million deal. Binswanger/CBB arranges the deal, which furthers buyer's ongoing expansion into Central Islip.
WHITINSVILLE, MA-In a deal that demonstrates the difficulty of finding large industrial spaces in the Greater Boston area, Auburn Merchandise Distributors, a distributor of consumer products, renews its 92,510-sf lease at One Main St. for another five years.
ORLANDO-Groveland officials await a mid-October clash with environmentalists and local activists who oppose local growth plans. The municipality hopes to double the population and create more commercial, retail and residential space in the historically rustic area 25 miles west of Orlando.
OSWEGO, IL-Oswego, a far western suburb of Chicago and site of the some vigorous real estate development in recent years, now sees its largest industrial property sold for $4.15 million.
ARLINGTON, TX-Express 60 Minute Delivery subleases a building that's been empty for two years in the Great Southwest Industrial Park. If the option is exercised, the building will stay filled for the full run of the sublessor's lease.
LONDON-Insignia Richard Ellis is to become the latest top property broker to leave Mayfair. The firm has taken an assignment on 58,000 sf of offices in Wimpole Street, north of Oxford Street, and will leave its current base on Berkeley Square next year.
VANCOUVER, WA-Fox Tower developer Tom Moyer sells most of one of his former theater properties here to Westminster Presbyterian Church for $1 million. Moyer hopes to slice off a portion of the property for a commercial development.