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TAMPA, FL-The brokerage signed tenants to a total 40,437 sf valued at an estimated $3.92 million. The tenants are Craig/is Ltd. of Melrose, NY; URS Corp. of San Francisco; and Turner Construction Co. of New York.
HOUSTON-Another small building changes hands in a market where buying is a steadily increasing trend among the small-user crowd. An upscale beauty salon and cosmetics retail center heads will open at 2814 S. Shepherd St. Negotiations started at $750,000.
NORTHBROOK, IL-At a reported $65 million, the sale of 3773 Willow Rd. to Allstate Corp. becomes the biggest suburban office sale of 2002. The $180 per sf is close to the $90-million Windy Point sale in Schaumburg that closed New Year's Eve.
PHILADELPHIA-The oil company disposes of 13 unimproved properties located in nine states and ranging in size from a two-acre site in Cary, NC to a 153-acre parcel in Fulton County, GA.
SAN FRANCISCO-A bill created by Tom Ammiano will be presented to the Board of Supervisors that may give the city the ultimate veto power on retail development over 50,000-sf. Home Depot may be the first company subjected to the city's conditional permits.
ATLANTA-The locally based developer has consolidated into two regions and named company veterans to head each sector. The company also announced the resignations of several top executives.
DENVER-The 5,000-sf, high-tech visitor information center will "tell the story of the birth of Denver's next great neighborhoods" can be "deconstructed" and moved from the corner of Martin Luther King Boulevard and Syracuse Street.
GRAND PRAIRIE, TX-A private investment group from California jumps to take over a repositioned distribution center with a brand-name, 10-year tenant. The Trammell Crow "buy, fix and sell" strategy has been 1 1/2 years in the making.
EAGAN, MN-The parking facility is part of a three-phase, 300,000-sf Spectrum Commerce Center project. It is the largest reuse of an existing structure in Minnesota, and perhaps the US.