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HAYWARD, CA-Impax Laboratories Inc. plans to build a $15.9 million manufacturing plant. The firm bought a 50,000-sf building for $4.9 million, and will reconstruct it to suit its needs.
DETROIT-Nine plans are being carried out by transition team staff of the new mayor, Kwame Kilpatrick, including an economic development plan and core neighborhood development plan.
SEATTLE-Around most of Puget Sound, fourth quarter news about the office market is glum -- escalating vacancies and diminishing rents. Amid the turmoil, however, the Southend and Northend submarkets have managed to remain relatively stable.
AUSTIN-Intel Corp. buys more time in making a decision about its unfinished 10-story office building in Austin's CBD. A decision was to be forthcoming by year's end. Now, says a company official, a decision remains in limbo until some time in 2002.
SAN ANTONIO-In the largest of two deals, a San Antonio industrial park gets a new tenant in a 31,605-sf sublease deal. Military supplier Kalmar RT Center has signed for the space previously occupied buy Real Cold Products.
DENVER-The design-build firm is building a new distribution facility for Coors Distributing Co. in unincorporated Adams County on 25 acres at Interstate 25 and Pecos Street. It will replace an 80,000-sf facility here.
HOUSTON-Millenial Assurance renews a 7,360-sf office lease at the Woodland Plaza in the Westchase submarket. The signing keeps occupancy at 70% in the 224,356-sf suburban office building at 11490 Westheimer.
LOS ANGELES-About $260 million of the money would be spent on road and rail projects in Southern California. State Transportation Commission expects to approve a final package by the spring.
ATLANTA-Taking advantage of sluggish economy, Realty Construction Corp. has ticketed metro Atlanta for two new senior housing facilities. The combined project cost totals $6.6 million.