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ATLANTA-HL-A Co. of suburban Bremen, GA, 30 miles west of Downtown, plans to add 268 jobs by 2004. HL is one of five Georgia suppliers providing parts for the Odyssey Minivan which is scheduled to begin full production Dec. 1 in Lincoln, AL.
ROCKVILLE, MD-Washington Real Estate Investment Trust spends nearly $22 million for Chantilly, VA's Sullyfield Commerce Center. The 248,000-sf property consists of two buildings that are fully leased, with only 2.5% of leases expected to expire within the first 24 months.
LONDON-Merivale Moore has increased its focus on central London offices and south-eastern industrials by selling off 16 properties--predominantly retail and industrial--that do not fit its new focus.
BALTIMORE, MD-Trammell Crow reports a flurry of real estate transactions involving eight different clients. The deals include more than 700,000 sf of commercial space in the greater Baltimore region.
SEATTLE-King County Councilmember Maggi Fimia has released a list of projects that could be in fiscal jeopardy under the budget proposed by County Executive Ron Sims for FY 2002. Included in that list are an upgrade of the Burke Gilman Trail and the Magnolia Dairy Project.
TAMPA, FL-The Houston-based REIT pays Georgia-based Sunset Associates an estimated $35 million or $125 per sf for the 100%-leased, 29-year-old, 273,000-sf Sunset Point 19 in nearby Clearwater, FL, 80 miles west of Downtown Orlando.
DENVER-The American Society of Association Executives will meet here next August, a visit that not only will draw 5,000 attendees, but likely result in increased spending here over the next five years.
PHOENIX-In a project update, McCarthy Building Cos. says a tight construction schedule is being met to deliver Maricopa County's $91-million jail by July 2003. The 577,000-sf building will add 1,360 beds to the county's 960-bed capacity.
TUCSON-The 50-suite Lodge at Ventana Canyon and sister property, the Boulders in Carefree, come out resort leaders in the premier Conde Nast ranking. Developer and owner Wyndham International of Dallas says it's an extraordinary milestone.
ANN ARBOR, MI-"Dirt For Dollars 2" is designed to teach developers how to maximize value through the land development process. Dave Call of Crosswinds Communities, Robb Burroughs of Hobbs + Black Architects are speakers.