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ORLANDO-The locally based general contractor is installing service bays supplied with water, oil and air to handle a mix of vehicles for Tampa, FL-based Cummins Southeastern Power Inc., which calls itself the world's largest designer and manufacturer of diesel engines. The site is on U.S. 441 in north Orlando.
INDIANAPOLIS-The regional mall owner and operator expects to acquire its 30% of Rodamco North America NV in April, according to a presentation Tuesday to Credit Suisse First Boston's real estate conference.
LAKEWOOD, NJ-HFF has put together the permanent loan package with Freddie Mac for the new 288-apartment New Hampshire Commons, which is already fully leased. The funding is a 10-year, fixed-rate package.
HENDERSON, NV-Interstate Bakeries acquires a 20-year-old warehouse/distribution facility that's been empty for more than a year. Renovation and site consolidation follow the action at the closing table.
MARQUETTE, MI-Thomas Wight Davis pleads guilty to building a road over wetlands. He must pay a $10,000 fine plus reimburse the state nearly $24,000 for its costs and restore damaged property.
OLMPIA, WA-Port of Olympia Commissioners gave a thumbs up this week to constructing the Port Plaza near Percival Landing. The controversial idea has been bouncing around the community for nearly a decade.
DENVER-Fuller and Co. estimates retail sales grew by 4.6% last year compared to the record increase of 12.5% in 2000. Meanwhile, the retail vacancy rate of 7% is better than other metropolitan areas, the commercial real estate firm notes.
OLMPIA, WA-Port of Olympia Commissioners gave a thumbs up this week to constructing the Port Plaza near Percival Landing. The controversial idea has been bouncing around the community for nearly a decade.
HOUSTON-The suburban submarkets come to the rescue as CBD occupancy plummets 12.32 points in one quarter. The CBD dips to 85.08% whereas citywide occupancy is down just 0.24 of a point to 93.26%, the second highest level in eight years.
DALLAS-It didn't take long to find a buyer once the asking price dropped to $25 million for the 43-acre Parkwood Apartments. The sale is part of an ongoing disposition by Texas Parkwood Partners. Next up: the remaining assets in Dallas and Houston.