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SAN ANTONIO-Intertech Flooring renews a 12,800-sf lease with Denver-based ProLogis Trust. The Austin-based tenant has its San Antonio location in the three-building Perrin Creek complex in the northeast submarket.
OLYMPIA, WA-A Spokane developer presents city officials and the public with a proposal for a 110,000-sf conference center, which would rise on Budd Inlet's East Bay. The public/private facility also would include 100 guest rooms.
CHARLOTTE-The transaction does not affect the ownership of any real estate assets. The acquisition means 233 full-time Trammell Crow employees in Charlotte, Orlando, Atlanta and Bethesda, MD now will be working for Faison Enterprises.
NEW BRUNSWICK, NJ-Work on the Heldrich Plaza, the result of an unusual public-private partnership, is underway even though the site hasn't been fully assembled. The plan involves developing the 1.8-acre downtown plot into a 550,000-sf mixed-use site.
HOUSTON-The 90%-leased Plazas at the Parkway in West Houston is a beehive of activity as retailers finish out spaces and make plans for move-in. The Vista Equities Group project is "a slam dunk location," says the firm's president.
NEW BRAUNFELS, TX-Award-winning developer Larry Peel is eyeing the challenge of converting an idle power plant into a multifamily project. The plan is to put 110 to 120 lofts into the structure and build 178 garden units on 23 acres surrounding the plant.
SAN DIEGO-Two North County shopping centers have proposed major renovations that include the demolition of abandoned theaters. To be razed or the Mann Theatres fourplex at El Camino North and Edwards 6 Cinema at the Vallecitos Town Center.
MINNEAPOLIS-University of St. Thomas real estate professor Thomas A. Musil will bridge the gap between the commercial real estate and academic communities.
CLERMONT, FL-Environmentalists' hopes of barring commercial/residential development at the controversial 1,434-acre, 350-foot high natural recreation area, 25 miles west of Downtown Orlando, are all but gone today after elected Lake County officials flatly rejected a $25 million asking price ($18,000 per acre) from Tampa realtor/developer John Reaves.
SANTA ROSA, CA-Basin Street Properties, owner of the 194,000-sf Oak Valley Business Center, says it has landed two smaller tenants that highlight the diversity and stability of the local market.