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PLACENTIA, CA-The city receives the first $5.2-million installment from the state's Transportation Commission, which has promised $28 million to aid with Placentia's railway track-lowering project.
ATLANTA-Nine office deals on properties over 30,000 sf totaled 1.36 million sf and were valued at $153 million compared with last year's volume of $293 million, according to a new study by locally based Carter & Associates.
SANTA MONICA, CA-Milken Institute pegs number at 263,700, but cautions that the figure could rise if spending doesn't pick up soon. Longer-term outlook is brighter.
STAMFORD, CT-The influx of sublease office space on the market in the past few months has led to downward pressure on asking rents here in Fairfield County, according to several area commercial brokerage firms.
VISTA, CA-A 65,000-sf industrial research and development building in the 69-acre Palomar Corporate Center has been sold for just under $4.1 million. The buyer, founder and president of Sherline Products Inc., exercised a purchase under the lease option program offered by the owner.
DETROIT-Construction management firm Harley Ellis will help with 140-facility St. John Health System's budgeting, planning and building wishes through 2003. Health care is among Harley Ellis' areas of expertise.
ANTIOCH, CA-Kaiser Permanente is moving forward with the first phase of its planned 1.4-million-sf medical center, slated to ultimately include a 500,000-sf hospital and a 450,000-sf medical office building.
DALLAS-Ablah Enterprises celebrates an inaugural signing for the 410,000-sf DFW Distribution Center, once home to MJDesigns. The 80,000-sf Lexus distribution center deal closes in three weeks and two months after Ablah bought the Coppell property.
BOSTON-A decision by the MBTA to delay modernizing the Maverick Square subway station here until 2008 could impact the development schedule of Clippership Wharf, a 400-unit condominium project, which would be located right near the station.
NEW YORK CITY-Amish Market will replace its Cedar Street store, destroyed Sept. 11, with a new atop a 20,000-sf plaza connecting 1 West St. and 2 Washington St.