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IRVINE, CA-The manufacturer of electronic components inks a five-year lease to move its headquarters into a 44,000-sf R&D space. The deal is valued at $1.6 million.
LOS ANGELES-The City approves $9.5 million in concessions for businesses inside LAX, where receipts have been pummeled by the drop in air travel and new security measures. Retailers welcome the help, but some say it isn't enough.
LONDON-Specialist retail and leisure investor Capital & Regional has sold its Lancaster City Retail Park in Lancaster, Lancashire to Royal & SunAlliance Property Investments as part of its policy of concentrating on larger retail parks.
AUSTIN-An Austin data center gets credit for being one of the few profitable ones in a portfolio being sold to Cable & Wireless. The ownership changes for 8025 N. Interstate 35 comes via a bankruptcy filing of Exodus Communications.
CORAL GABLES, FL- Spillis Candela DMJM and York International Corp. are setting up forums in the design and construction industries to discuss new trends, products and techniques in erecting structures that might withstand attacks comparable to the Sept. 11 catastrophe.
LONDON-Marylebone Warwick Balfour has announced a package of cuts at its MWB Business Exchange subsidiary which will see six serviced office centres closed. The group says occupancy levels are beginning to improve but licence fee levels are still under pressure.
TUMWATER, WA-A leading supplier of solar photovoltaic power has put the finishing touches on Washington state's largest solar PV system. The 23kW solar electric system was installed at the Puget Sound Environmental Learning Center on Bainbridge Island, WA.
GERMANTOWN, MD-A Wellness Center to serve the Montgomery County area gets underway as Bethesda, MD-based Suburban Hospital Healthcare System breaks ground on the 60,000-sf facility. Area residents will be able to take advantage of the center's offerings -- which will include a high-tech fitness center -- sometime in late 2002.
MIAMI-Should Miami-Dade County proceed with a lawsuit trying to force the Air Force to let the county develop a commercial airport on the abandoned base, or should the county drop the lawsuit and develop an eco-tourism site instead? Or maybe the county could have its cake and eat it, too. But it must decide by next Tuesday.