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RAYNHAM, MA-Paramount Development wants to develop its 42.8-acre site here on Route 44 into a mixed use project with approximately 200,000-sf of space, while Wal-Mart seeks to more than double its 90,000-sf store located across the street.
HOUSTON-Cypress Station Park is ticketed for the newest medical office building in the region. Lantern Bend Properties closes the land sale and readies the plan for a project anchored by North Houston Heart Center.
SACRAMENTO-Several new leases, including a large government deal, have brought Depot Business Park's occupancy rate to 73% from nearly zero two years ago.
AUSTIN-The US Fish & Wildlife Service seeks to protect the Georgetown salamander while elected officials and developers seek assurance that a threatened or endangered designation evolves from credible research.
LONDON-A strong final quarter to 2001 demonstrated the resilience of the UK property investment market, according to Lambert Smith Hampton, and turnover for the year was up 16% on 2000.
CHICAGO-Borrowers are running into stricter underwriting standards, including recourse requirements and tighter loan-to-values, panelists at a recent Urban Land Institute economic and market outlook report.
MIAMI-J. Brett Houston has broken ground on the first of two planned spec buildings totaling 142,470 sf at the commercially strategic intersection of the Florida Turnpike at SW 152 Street in south Miami-Dade County.
PLANO, TX-Marriott Administrative Services inks a five-year pact for 14,002 sf in the first wave of office space to deliver at Karahan Cos.' Shops at Legacy. The next deal closes in two weeks. Finish-out starts next week.
SILVER SPRING, MD-Gold's Gym takes on 27,000-sf in the City Place Mall and will open the franchise by early fall of this year. JGB Rosenfeld Retail represented the tenant in the 10-year lease.
ARVADA, CO-Construction of 937 single-family, multifamily and loft residential projects is expected to spur further commercial development in an area behind the Interlocken Business Center, which could use a jump-start.