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BEDFORD, MA-Hologic, Inc. lays off 80 employees and closes its plant in Littleton, Massachusetts. The company, which provides medical imaging equipment for women's health and digital radiographic purposes, is focusing on digital imaging equipment and phasing out its conventional radiographic systems.
COSTA MESA, CA-The Costa Mesa theater undergoes a $600,000 stadium seating retrofitting, as part of its recently completed renovation. Other improvements include the addition of a video arcade and more restrooms
MIAMI-Colonnade Properties has 50,000 sf of class A space to fill at the 90%-leased, 463,632-sf Douglas Entrance complex the New York investor purchased Nov. 6 from Louis Dreyfus Property Group and Apollo Real estate Advisors, both of New York, for $61.2 million.
AUSTIN-Multifamily provider US OnLine helps boost its parent company's revenue by 43%. USOL Holdings hasn't turned the corner on profitability, but it is definitely edging closer, says the CEO. US OnLine subscribers spiked 42% in the third quarter.
ST. PAUL, MN-Five buildings alone add about 481,000 sf of vacant space to the Downtown market, according to annual the St. Paul BOMA survey prepared by The report was prepared by James Miller Investment Realty Co.
OAKLAND, CA-"We expect that tenants will enjoy a negotiating advantage through much of next year," says Keith Mackenzie, senior vice president and managing director for the Oakland office of Grubb & Ellis, in a new third quarter report.
CHELSEA, MI-Communities near the home of actor Jeff Daniel's Purple Rose Theater seek to gather regional land use data and recommendations for development. County, school and township officials have seats at the table.
TUSTIN, CA-Tustin-based Kensington Real Estate Group has sold another of its repositioned retail properties, in a deal valued at $14.5 million. Known as Southridge Plaza, the 121,888-sf shopping complex is located in Fontana.
PORTLAND-The new agreement helps solve space-related issues for both Oregon Steel, which has been at the port since the late 1960s, and Toyota's distribution arm, which recently has expressed interest in becoming a long-term tenant.
VANCOUVER, WA-Last fall, the 16-building western portion of the compound was transferred from the U.S. Army to the City of Vancouver. A final plan for an estimated $40-million renovation of the property is scheduled to be up for City Council review sometime next year.