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SHERWOOD, OR-The Tualatin-based company hopes to develop with industrial buildings approximately 12 acres of the 33-acre site here and is negotiating a cleanup agreement with the state Department of Environmental Quality.
SEATTLE-John Thomas has taken on a new post at Vulcan Inc. His title will be vice president of art design and construction. He will oversee the work on a variety of projects, including the Washington State Football/Soccer Stadium and 505 Union Station.
ORLANDO-The Miami developer paid Avalon South Village LLC $11 million or $24,176 per acre (56 cents per sf) for 455 gross acres in Avalon Park on South Alafaya Trail in east Orange County.
SONOMA, CA-Native American tribe members protest a resolution from Sonoma County that would require housing and non-gaming developments on Native American land to comply with the county's general plan.
TEMPE, AZ-Hal D. Adamson of Tucson acquires a 67,452-sf industrial property in Tempe in a start-to-finish 90-day deal. The seller gets close to his asking price while the buyer makes plans for some upgrades that came with a price reduction.
KENT, WA- An East Coast investment trust has snapped up 218,500 sf of space at the CenterPoint Corporate Park here. The 760,000-sf complex contains a total of eight buildings.
NORTH HALEDON, NJ-Continental Properties has closed on the acquisition of the 25-acre site and has begun sitework for the upscale 56-unit townhome community.
SAN LEANDRO, CA-San Leandro's Marina Corporate Center has signed a six-year, 10,600-sf lease with a biotech firm that brings the development's occupancy to 96%.
CHICAGO-The economic redevelopment tool may end up costing the city's embattled school system, whose improvement is considered a key to continued revitalization, much needed property tax revenue. The move would make tax increment financing counterproductive.