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PHOENIX-DeGeorge Plumbing, ousted by Phoenix's light-rail plans, has acquired a 10,004-sf building for its 47-year-old business. The businessman will be heading into the city's central corridor, picking a 22-year-old building along West Highland Avenue.
PASADENA, CA-The Pappas Trust has leased 19,375 sf that was once a skating rink to the music retailer, who plans to build out the site to accommodate its business, including the demolition of a 4,250-sf mezzanine.
SCHAUMBURG, IL-The amount of available retail space as well as the design of commercial and industrial areas get high marks from senior planners from 66 faster growing, upscale suburbs with large job bases.
LONDON-The indomitable residential market is wobbling. The RICS's residential lettings survey for England, Wales and Scotland for the three months to April 2002 posts its first gloomy warning on lettings
HOUSTON-It's a done deal for the leasing agent at Loop Central One and an engineering firm looking to relocate from the Greenway Plaza/Buffalo Speedway area. The new office in the Galleria submarket presented some good opportunities, including the lease terms.
ANTHEM, AZ-The two retailers have picked spots in an under-construction center by San Diego-based Focus Group. Starbucks reserves a 1,600-spot while Pizza Hut taps 2,800 sf for the project at the corner of Anthem Way and Gavilian Peak Parkway.
NEW YORK CITY-While analysts said it could take four months to close, the deal, first announced in early April, is done. Each share of Trendwest common stock will be exchangeable for 1.3 Cendant common shares.
DALLAS-CEL & Associates again honor JPI for its multifamily ownership while Crescent has three office buildings walking away with educational honors for its FACES of Change program. The honorees are in Las Colinas and downtown Dallas.
CAMARILLO, CA-The builidng was erected in 1982 and is situated on 1.3 acres at 829 Via Alondra. The buyer is Advanced Imaging, a locally headquartered company. The acquisition increases the company's presence in the community by 50%.
SAN FRANCISCO-The Musee Mecanique, a landmark in San Francisco for decades, is being left out of federal officials' plans to replace its home, the Cliff House, with a seismically safer building.