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NEW YORK CITY-Bank of America will move at least 400 staff into a 180,000-sf newly converted space on the upper floors of the Manhattan Mall on West 33rd Street
LONDON-Wellingborough, Northamptonshire, is to host a 1.5-million-sf new business park for warehouse, distribution and office / light industrial uses. Pre-marketing has begun and infrastructure work will begin later in 2002.
ONTARIO, CA-CB Richard Ellis has negotiated a five-year, $5.5 million contract agreement on behalf of Scottsdale, AZ-based Dial Corporation, which will enable the company to relocate its consumer products division's West Coast distribution center here from Corona, CA.
FORT WORTH-It won't be a dynamic year, predict the experts, but it will still be a year of growth in Tarrant County. It's just slower than before. The slowdown means doing business like the good old days, says a leading industrial specialist.
CHICAGO-The city finally keeps a promise as the first step is taken toward building a 500-unit mixed-use, mixed-income project southeast of 40th Street and Lake Park Avenue in the North Kenwood/Oakland neighborhood.
SAN DIEGO-Offsite improvements are under way for the San Diego Spectrum Business Park, the redevelopment of the former General Dynamics complex in the Kearny Mesa area.
LONDON-The European economy is forecast to avoid outright recession in 2002, and this presents opportunities for real estate offers investors looking for a safe haven, according to LaSalle Investment Management.
WILTON, CT-The Louis Dreyfus Property Group has sold its 10 and 20 Westport Road buildings here, which total approximately 540,000 sf of office space, for $140 million to the Teachers Insurance and Annuity Association, according to local real estate sources.
GRAPEVINE, TX-A 121,245-sf grocery-anchored center has the security and sponsorship for an Oklahoma City bank with an affinity for Texas assets. MidFirst Bank clears a $10.7-million permanent loan for the Vineyard Marketplace in Grapevine.
PORTSMOUTH, VA-Victory Crossing prepares for a September debut as anchors Super Kmart and Lowe's aim to complete construction in the summer, and the shadow retailing area shoots for a September finishing date. Leasing activity is on target for completion before the complex is fully built.