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DALLAS-Debi Carter is on board at TIG Real Estate Services while John Waller is back at Transwestern Commercial Services' Dallas office. Five other affiliation shifts take place, including one that brings a new construction company.
PHOENIX-Caravan Trading has signed a three-year lease for 3,938 sf at Martin Van Buren Commerce Park while Southeast Cooler takes 4,266 sf in an industrial building along North 2nd Avenue.
AURORA, CO-Chicago-based First Industrial Realty Inc. increases its northeast portfolio to 1.8 million sf and its total Denver portfolio to 4.9 million sf. The 81,564-sf building was NAIOP's Building of the Year in 2000.
LONDON- FISPAM has sold a 8-acre site in Sunbury, south-west London, for Pounds 13.7 million ($20 million). Barratt beat off stiff competition from 11 other bidders to secure the site.
CLEAR LAKE, TX-The space race in the NASA/Clear Lake submarket isn't confined to the economic engines of its mainstay employment, space exploration. Demand is such that class A space is practically non-existent and class B is sure to get tighter.
AUSTIN-Cedra Clinical Research and Washington Mutual push the renovated Reunion Plaza to 96% occupancy. The dual pacts are solid indicators that direct leases are still doable in a sublease-saturated market, a broker points out.
SAN DIEGO-A Nevada gaming interest signs a deal to assist the 350-member San Pasqual Indian band in turning around a $180-million casino development effort that plunged the tribe into debt.
TRUCKEE, CA-East West Partners owns about 10 percent of the land in Truckee, Calif., making it the region's largest land developer. Now, it has proposed a major all-season resort in the Truckee/Northstar region, located just across the border from Reno.
FRONT ROYAL, VA-MeadWestvaco will close the doors of its Westab Consumer & Office Products Group building in Kellye Industrial Park this August. Located on a 35-acre site within the Warren County-owned park, the building cost $12 million when it was constructed in 1995.
ATLANTIC CITY, NJ-The multi-faceted effort is aimed at bolstering ongoing private sector development, currently estimated at $2 billion, with transit improvements, beach and boardwalk upgrades and streamlined casino regulations.