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DALLAS-The leasing market is making some headway, says a ProLogis vice president who closed four "bread and butter" deals in a back-to-back leasing flurry. The long-term industrial pacts shore up space north and south of Dallas.
ATLANTA-John R. Lambert is JDN Realty Corp.'s new senior vice president and director of asset management. Andrew Rothfeder moves up to executive vice president and will manage JDN's redevelopment program.
ROSEMONT, IL-Andrews Products signs six lease renewals for 22,951 sf at San Francisco-based AMB Property Corp.'s O'Hare Center here while Citipost, Inc. takes 9,088 sf at the Rogers Industrial Park in nearby Elk Grove Village.
ATLANTA-Due to slow job growth and an abundance of apartments, the growth in Atlanta's apartment market is slow, but poised for a rebound, according to a new study by Marcus & Millichap Real Estate Investment Brokerage Co.
MINNEAPOLIS-The latest lease, for 7,500 sf, bring occupancy of Hines' new 690,000-sf building to 80%. Nick & Tony's Italian Chophouse will occupy the building's ground floor.
SAN DIEGO-The port will try to win state approval for its purchase of land for four Downtown parking lots to serve the proposed ballpark and the San Diego Convention Center.
TOPEKA, KS-Even after the cutbacks, the 4,974-store retailer expects to have a net increase of 75 to 80 stores this year. Cost of the closings, including lease terminations, are estimated at $70 million.
CHATTANOOGA, TN-CBL & Associates Properties Inc. formed a joint venture with PGP Partners Property Group and contributed shopping centers in Texas, Arkansas and Mississippi to the venture.
OCEANSIDE-City officials may try to delay an election on the future of the area known as El Corazon. Council members last week were going to schedule a special May election. But a city study released Friday says a state law may allow the council to delay the measure until the Nov. 5 election.
SUNNY ISLES BEACH, FL-The Related Property Group of Florida plans to build Ocean III at Sunny Isles, FL. The development, with residence prices between the high $400,000s and $2 million, is 80% sold.