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HOUSTON-The non-profit Men in Mission secures the land from two Lutheran foundations, owners for the past 11 years. On the drawing board is a ManKind Project center at the Houston intersection of West 43rd and Southerland streets.
AUSTIN-A father-son team is rolling on a 45,000-sf office project designed for multiple tenants. The Lehtonens will market the site themselves, with plans to start in the next few weeks. The project delivers in March 2003.
CHICAGO-Marsha C. Williams, who as chief financial officer for the home furnishings retailer served on the company's real estate committee, joins the largest US office REIT next month in a similar role.
TRENTON, NJ-With the two-year-old program mired in bureaucracy, McGreevey signs an executive order creating a new agency to oversee the effort, which is expected to be a bonanza for the construction industry.
RANCHO CUCAMONGA, CA-Regional Mail Express (RMX), a wholly owned subsidiary of United Parcel Service will operate a sophisticated mailing facility at Rancho Cucamonga, where it will move from nearby Ontario.
BLOOMFIELD HILLS, MI-Two multifamily rental projects sell for $13 million each, but the Brookshires Apartments in Lansing fetches $112,931 per unit while Maplebrook Apartments outside Flint trades for $28,266 per unit.
FRONT ROYAL, VA-Houston-based food product distributor Sysco Corp. reveals its plan to build a $53-million, 800,000-sf redistribution facility in the rural Warren County area. The facility will accommodate 14 Sysco distribution centers in nearby states.
GRAPEVINE, TX-Finish-out crews are working hard to get 20,000 sf ready at a Grapevine center before school starts for Winfree Academy, the largest signing of the four. Other pacts bring new tenants at North Dallas centers.
DALLAS-Hobi International, a computer recycler, is relocating and consolidating two locations into 80,000 sf along Ambassador Row. The five-year lease pushes EastGroup's 317,000-sf, three-building complex to 100%.
PORTLAND-Chris Nelson, a 13-year veteran of Trammell Crow, relinquishes his post as managing director of the company's Portland office to start his own real estate development and investment company. In his place, temporarily, is Nelson's predecessor, John Sterik, a Portland native whom TC promoted to chief operating officer 18 months ago.