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CORONA, CA-F. Rogers Insulation Inc. signs a lease for industrial space at 341 Bonnie Circle in the Westgate Distribution Center. The transaction marks the third industrial deal reported here in the past week.
WASHINGTON, DC-Global architectural and engineering firm URS Corp. reveals its Standard Embassy Design, as commissioned by the US Department of State. The "prototype" is intended to serve as a guideline for new embassies being built around the world.
FREEHOLD, NJ-The new 43,000-sf facility will house several of Monmouth County's agricultural offices, vo-tech administrative offices and other operations when it opens in about a year.
DENVER-State-of-the-art industrial property in Tokyo, Osaka and Nagoya will be prime targets of a fund that also includes the government of Singapore's GIC Real Estate Pte Ltd. ProLogis also chips in a 196,000-sf build-to-suit for DHL International in Tokyo.
PHILADELPHIA-Locally based-Berwind Property Group buys a majority stake in Whiteland Towne Center, a 356,000-sf shopping center in Exton, PA. Whiteland is 97%-occupied, anchored by Kohl's and Acme, and located in rapidly growing Chester County.
ROCKLIN, CA-For $9 million, a Yuba City investment group has purchased 63 units in Rocklin, a rapidly growing city. The new owner will now turn around and sell the units as individual properties.
MONTGOMERY COUNTY, MD-Officials of the Ritz-Carlton are searching the county for as much as 30,000 sf in which to relocate their headquarters. The hospitality organization is moving from Atlanta, GA to be nearer to its parent company, Marriott International.
ROUND ROCK, TX-Cerilliant heads out of Austin and into Round Rock, just like others have done in recent months. The two-year-old Radian spin-off takes 32,000 sf of a 51,900-sf structure in the city's oldest business park.
SAN DIEGO-Hoping to capitalize on enhanced land values, a hotel company has bought a Downtown industrial space in an investment deal valued at $6 million.
MCCLEAN, VA-Leading senior residential housing provider Sunrise Assisted Living marks the opening of its 200th home with the debut of of Sunrise at Mount Vernon in Alexandria, VA and Sunrise of Naperville North in Naperville, IL. The company plans to open five more properties before the end of 2002.