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GRANBY, CO-The Grand Elk Marina & Beach Club will be an integral component of the $420-million resort community. Grand Elk Partners and marina owner Dan Bowater will team up on the project.
MILWAUKEE-CenterPoint Properties Trust, the largest industrial property owner in the Chicago market, reports vacancies in its suburban properties here is just 2%, down from 10% of a year ago.
JACKSON, TN-The Tennessee Valley Authority suggests its Hartsville, TN-based property could be sold to private developers by a local economic development authority still being formed.
ISELIN, NJ-The deals involve new leases, expansions and renewals in the northern and central parts of the state. The list is topped by Princeton Optronics' 46,200-sf relocation.
DALLAS-Sublease space is about double the norm, say researchers in their latest reports of the Dallas-Ft. Worth market. Still, there's a take-it-on-the-chin optimism that bargaining table strategies, for the most part, are keeping a lid on the pressure cooker.
HOUSTON-Metalade of Pennsylvania and UOP of Des Plaines, IL take 28,320 sf in Houston's lead submarket for absorption. Metalade signs for the largest chunk of industrial space. It will move into 22,980 sf at a Clay Street building.
TACOMA, WA-Karl Smith, managing director with Frank Russell, an investment strategies firm that has more than $66 billion in assets under management, says "real estate has evolved.
DENVER-The global provider of distribution services and facilities provides space in ProLogis Park Piacenza in Milan, Italy to Piacenza Logistica, which signed a 12-year lease for 217,527 sf.
ORLANDO-Commercial real estate in all categories is still seen as one of the best long-term investments, but, for the short term, lenders will be closely checking all deals and borrowers before releasing funds, brokers and analysts tell GlobeSt.com.
JACKSON, MI-Doug Rothwell, recently named developer of the year by the American Economic Development Council, will talk about the state economy following the terrorist attacks of Sept. 11.