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ST. PAUL, MN-Leroy Raasch's duties for the large construction firm will include estimating and project management. He has been with the company 21 years.
DENVER-Brewery Bar II, a popular eatery at the edge of Downtown Denver, is opening a second location in the Entertainment District in the recently created city of Lone Tree. Wynkoop Brewing Co. is opening the first "brew-pub" in the Capitol Hill neighborhood east of the Central Business District.
NILES, IL-CenterPoint Properties Trust will likely sell the former HALO Industries Inc. headquarters here for less than $90 per sf, as REIT officials write down nearly two-thirds of its $63.5-million investment in the state-of-the-art property.
MORGAN HILL, CA-Paramit Corp. has signed a long-term lease at Madrone Business Park. The company will occupy a 150,000-sf build-to-suit facility at the park, which is owned by Mission West Properties, Toeniskoetter & Breeding, Inc. (TBI) Development and The Berg Group.
HOUSTON-The well-known tire distributor seals a 7,800-sf deal for a North Houston industrial property, with a showroom build-out as well as warehouse space. The business is relocating from about 4,000 sf along Afton.
DALLAS-The Immigration and Naturalization Service is eyeing an early June move-in to 3010 N. Stemmons Freeway. The 10-year lease fills a spot vacated a year ago by Office Max and puts a "full" sign on the 40,000-sf structure.
ORANGE COUNTY, CA-According to the latest report on the South Orange County industrial market, the first month of 2002 saw negative net absorption drop to 31,531 sf from more than 675,000 sf in December.
GARDEN GROVE, CA-The 140,000-sf industrial distribution building is acquired by Goldrich & Kest Industries. This transaction marks one of the only large industrial sales to occur here in recent weeks, as it is the smaller deals that have been keeping Orange County brokers busy as of late.