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PONTIAC, MI-Tours will be held Monday for those interested redeveloping the former home of the Detroit Lions. Proposals are due Sept. 23, and "the sky's the limit," one official says.
PHILLIPSBURG, NJ-Warren Lumber & Millwork's project includes a $3.9 million bank loan and a $1 million low-interest loan from the NJ Economic Development Authority.
DENVER-Relocation of 25 tenants in the Alameda Square retail center is the sticking point in talks between the Vu family and Bentonville, AR-based retail giant. Mayor Wellington E. Webb staff is involved.
LONDON-Homeowners have more confidence in the housing market than at any time in the last four years according to the latest Woolwich consumer confidence research. Despite soaring house prices 64% of consumers are still confident about the market.
LONDON-The UK's traditional long lease is on the way out, according to new research from Chesterton. More than 500 property professionals were polled and a vast majority expect leases of five years and less to be commonplace by 2007.
LEWISVILLE, TX-Core-Mark is taken into the Fleming family, coming as promised before the second-quarter close. It's part of a double takeover that boosts Fleming's portfolio to 55,000 stores. Another $100 million will be spent on 2002 buyouts.
VICTORVILLE, CA-The 700-acre project will relieve congestion at Los Angeles ports, an official says, by transporting cargo containers by rail to the former George Air Force Base in San Bernardino County.
PHILADELPHIA-The $104-million, 335,000-sf Hillman Cancer Center, near completion in Pittsburgh's upscale Shadyside neighborhood, is sparking a land grab and driving additional development throughout the area. Locals recall earlier explosive growth of commercial real estate around its Ohio neighbor's Cleveland Clinic.
SPOKANE, WA-Borders Books and Music plans to open a 23,576-sf store by September. The store will be located at the southwest corner of Highway 2 and East Hawthorne Road in the Northpointe Plaza shopping center.
PHOENIX-A North Texas company taps the far north submarket for 5,304 sf to open its first Arizona location. EMI Technology is a manufacturer of printed circuit boards. Computer company TecServe goes to the southeast corridor for its space.