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DALLAS-Five professionals shift affiliations or snag promotions for the three Dallas-Fort Worth companies. The biggest catch is Attorney James B. Matthews, who joins the Core Network as director of corporate restructurings.
VERNON, CA-A 27,653-sf warehouse was purchased by Cal-York, LLC from Bundy/Slauson Investors for $1.72 million. The structure was erected in 1987. The buyer plans to move into the facility immediately.
HOUSTON-The elite Galleria/River Oaks submarket attracts Campbell, George & Strong to an office in the 13-story Chase Bank. The deal takes the BMS Management-owned building above 87% occupancy.
PORTLAND-Local restaurateurs purchase three corporate-owned Elmer's in Medford, Grants Pass, and Roseburg, Oregon and agree to develop two more units in southern Oregon. Elmer's, which also bought back a franchise in Vancouver, Wash., saw it's stock price rise to a new 52-week high on the news.
POWAY, CA-A 700-vehicle auto-storage lot in the South Poway Business Park will be under consideration by the City Council at its meeting tomorrow night.
SAN ANTONIO-The Hendricks & Partners' deals bring deed transfers for the 104-unit La Maison in the north submarket and 37-unit Port Royale in the northwest section of the city. Both properties will be upgraded.
SEATTLE-The Boeing Co. issues layoff notices to 1,500 more employees, the bulk of those coming from the Puget Sound area. It marks the latest round of job cuts for the Chicago-based airplane manufacturer.
VAN NUYS, CA-The 142,000-sf Marvin Braude San Fernando Valley Constituent Service Center is on budget and on schedule for a late March 2003 completion. In addition to office space, the new center will offer 9,500 sf of ground-floor retail.
OLYMPIA, WA-Local officials will host a public hearing this week to discuss several possible changes to the city's blueprint for growth. Included among them is a plan to allow taller buildings on the downtown waterfront.
PHOENIX-After leasing a North Black Canyon property for two years, Desert Cove Woodworks decides to buy the 19,566-sf industrial holding. Sellers Orville and Bonnie McCullie of Phoenix are retiring, says the broker.