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BEVERLY, MA-Axcelis Technologies Inc. is opening a 140,000-sf manufacturing facility here near the company's headquarters. The $31-million plant will be used for semiconductor manufacturing process development.
SALEM, OR-The city will now begin crafting an agreement with Phoenix Inn hotel chain owner VIP's Industries, which plans to sell the city the land for the $18-million project and then build a hotel next door to service it.
PEMBROKE PINES, FL-A private firm, FWI 12 LLC, paid Paradise Group of Safety Harbor, FL $10.3 million for the 98%-leased, 69,475-sf Publix at Laguna Isles shopping center here at Sheridan Street and SW 196th Avenue, 25 miles north of Downtown Miami.
DENVER-Rather than protesting an "oversized" 22-unit multifamily rental project, neighbors in Curtis Park have become developers, buying land to build a four-unit townhouse project on the site.
FLORHAM PARK, NJ-Depite recent woes, Global Crossing still has enough steam to ink a major deal at Gale's Seven Giralda Farms. The deal was one of some 180,000 sf closed recently by the Gale Co.
SAN DIEGO-The retired law professor who lost his lawsuit against the downtown ballpark has filed more court papers asserting that the judge in the case should be disqualified.
ORLANDO-Indra Sistemas SA, the largest computer services company in Spain, will be reimbursed $640,000 by the state and $160,000 by Orange County over the next six years if it makes good on a promise to add 160 employees to its existing staff of 34 at an average annual salary of $61,000.
AMSTERDAM-Last year started well but 11 September hit the European hotels industry hard. Andersen's <I>Hotel Industry Benchmark</I> survey says that determination by hoteliers made the market rally.
LOS ANGELES-The publishing house giant Hachette Filipacchi Media has expanded its Los Angeles office across from the Wilshire Courtyard office complex. The company has signed a five-year, $1.6-million agreement for 12,500 sf.
EAST WINDSOR, NJ-The pharmaceutical testing company, based in Texas, will open a lab new facility in an expansion that places it closer to many of the industry's giants.