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HOUSTON-Panattoni says its leasing team is talking to would-be tenants that could half fill the first phase of the 120-acre Beltway 8 Corporate Office Centre. The developer says the northwest's abundance of industrial product made the choice for office fairly easy.
LAS VEGAS, NV-TIC Development of San Francisco scoops up the Conejo Villas Apartments. Completed in 1999, the class B+ property features a 24-hour fitness center, a pool and a spa on 8.5 acres.
KEIZER, OR-The plan, which envisions industrial and sports recreation businesses and retail establishments gained support from Marion and Polk counties and the City of Keizer, but not the City of Salem, the state's capital, which may continue to play the spoiler's role.
FRISCO, TX-Some might fault Craig Hall for bringing out another two spec office buildings in today's climate, but it's part of a "show and tell" strategy that he's used from the onset. Of course, he does say no more building until the economy improves.
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.
LONG BEACH, CA-The recently completed retail center is comprised of three buildings containing 67,727 sf of gross leasable area. The Long Beach Marina, immediately to the rear of the center, is one of California's larger public marinas.
LONDON-Morley Fund Management has bought the St James Retail Park near Harrogate in North Yorkshire from the specialist out-of-town property fund Hercules Unit Trust. The deal reflects a yield of 6.75%.
PHOENIX-The Hoyt Trust, with holdings in Phoenix and California, convinces the Ryan Cos. to sell 20 acres along 40th Street near the Sky Harbor International Airport. Hoyt has been eyeing the land for some time, says the broker. It's an all-cash deal.
SEATTLE-Panattoni Development Co. has contracted for a phased purchase of 52 acres in Sumner, WA. This marks the company's second major land purchase in the Puget Sound area in the past several months.
VAN BUREN TOWNSHIP, MI-Visteon Village, a projected $325-million project on a 265-acre former gravel quarry, should begin occupancy by 2004, company officials say.