PHILADELPHIA-The Minneapolis-based giant retailer Target has paid about $29,993 an acre for 148.7 acres in West Jefferson Commerce Park outside Columbus, OH, to build a 1.35-million-sf distribution center. Area real estate representatives estimate its total cost will exceed $130 million.

Not a year goes by without a seller or purchaser insisting to me that time be made of the essence in a real estate transaction. This often stems from lack…

HOUSTON-The plan is to cut the channel to 45 feet from 40 feet and widen it to 520 feet from 400 feet. The only way to do it is to develop another disposal site--the intended use of the Jacintoport Boulevard property.

IRVING, TX-An Irving tenant reworks a three-month-old lease to add another 15,939 sf and ink a purchase option for the 129,000-sf warehouse near Texas Stadium. A Valwood tenant settles into 17,662 sf while one in Dallas re-ups 15,000 sf.