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MINNETONKA, MN-The company is adding about 5,000 sf in the expansion at its Woodhill Plaza headquarters building to accommodate the relocation of the entire Drug Emporium division from Columbus, OH.
SAN ANTONIO-The San Antonio market, the smallest of the Texas metropolises, was doing OK until the third quarter. Now, direct vacancy is 14.1% instead of 12.4%. Factor in sublease space and the city's pinch is now up to 18%.
LOS ANGELES-The frozen foods manufacturer will take 39,700 sf of industrial space in Santa Fe Springs. It is planning to occupy the building in February 2002, where it will house its manufacturing, preparation and packaging operations.
TACOMA, WA-The Tacoma Planning Commission has several vacancies and is looking for a few volunteers to help serve on the panel. The term for the volunteer positions begins January 2002 and will expire Dec. 31, 2005.
ANDOVER, MA-An office park on 40 Shattuck Road that was developed last spring by Boston Properties Inc. manages to acquire two new tenants as well as lease additional space to an existing tenant. The 230,000-sf complex now has 20,000-sf still available.
PHOENIX-The Phoenix region's retail market is holding its own in tough times. Vacancy is up just a shade, says CB Richard Ellis in a Q3 analysis. Two regional malls opened with occupancies above 90%. Even 60 shuttered store were quickly snatched up.
MOSES LAKE, WA-Titan I LLC has launched a data center in a former U.S. government missile facility originally designed to withstand a 10-megaton nuclear strike. The company says it is responding to increased demand for tightened security and greater flexibility in the data center market.
EDINBURGH-The 295,000-sf Cameron Toll shopping centre south of Edinburgh city centre has been bought be a newly-formed limited partnership fronted by Portfolio Holdings and New York-based Apollo Real Estate Advisors.
MINNEAPOLIS-Sarah B. Harris, whose 15 years of experience in commercial real estate includes a stint as a vice president with L.J. Melody & Co., will help the company focus on long-term strategies, says President Robert Greenberg.
DALLAS-Houston's hot; Dallas-Ft. Worth's lukewarm. It's not like it was, but it's still above average when stacked up against investments in major markets of other states. Bottom-fishers are casting lines, but execs say there are no fire sales to be found.