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DALLAS-In April, New Orleans-based Intradel will close the acquisition of the former Transport Life Building at 714 Main St. in Fort Worth and immediately start work on a loft conversion. Dallas' 400 N. Ervay St. will follow in six months.
LONDON- Ealing Gateway on 26-30 Uxbridge Road, is HBG Properties' vision of a seven-storey West London office building. It will be the largest office scheme to be developed in Ealing for more than a decade.
ATLANTA-The city's South Side and Gwinnett County are seeing a slight increase in activity this year because of their bargain sales prices. Low cap rates for single-tenant, net-leased properties in favorable locations such as the North Fulton County market are also getting investors' attention.
COLORADO SPRINGS, CO-Several 1031 exchange investors pool their proceeds to join Diamante Investments LLC in buying the 243,366-sf Market Centre Shopping Center anchored by an Albertson's Grocery Warehouse leading a lineup of national chains.
HOUSTON-Curtis & Windham Architects reserves 5,145 sf of first-floor office space in the redeveloped 3815 Montrose building. Colliers International and Cushman & Wakefield negotiate the flagship lease.
EL SEGUNDO, CA-Three office property transaction in the South Bay have closed covering 49,000 sf of office facilities valued at $8 million in total consideration. The increased activity of tenants in the fourth quarter, along with a continued increase in aerospace contracts, has begun to counter the negative absorption that was seen here in 2001.
OAKLAND, CA-At about $26 per sf, the Port of Oakland has leased back 15,000-sf at 70 Washington St., which it sold to developers Jack London Square Partners a couple of months ago. The port will occupy the space for two years.
SANFORD, FL-Elected officials want the lodge of undetermined size to complement a conference center they will be building Downtown at an estimated cost of $13 million to $18 million. Sanford is 25 miles north of Downtown Orlando.
FORDS, NJ-With the supermarket chain continuing to shed its smaller stores in the Garden State, Furniture Depot finds one 26,000-sf space to its liking.