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HOUSTON-Discount retailer Ross Stores is done shopping around Houston, selecting a 30,204-sf spot in the Northwest Marketplace Shopping Center. The popular retailer, with about 10 locations in Houston, is joining a roster that boasts Old Navy and Office Depot.
MINNEAPOLIS-The project will also add a $34-million planetarium, retail space and multifamily housing on the current site and adjacent block. Cesar Pelli & Associates also designed Wells Fargo Center.
WHITE PLAINS-Local brokers predict that Westchester County should land one or more deals in the near future from the dozen or so New York City firms that are currently exploring the suburban office market for large blocks of available space.
REDMOND, WA-An old hand at handling master-planned communities, former Weyerhaeuser manager Jim Nyberg now heads development of the 7,400-acre MountainStar year-round resort located an hour east of Seattle near Roslyn, WA.
ORLANDO-Historic Creations of Orlando Inc., which owns an estimated $5 million of developed Downtown real estate, plans to build its largest project to date, a 20-story, 288-unit community with 10,000 sf of ground-floor office and retail. Estimated cost: $30 million.
FORT LAUDERDALE, FL-A new Reis Reports Inc. market survey finds asking rents are averaging $6.37 per sf, with effective rents reaching $6.21 per sf. In Miami-Dade, the estimated average asking rent is $5.59 per sf with effective rent at $5.47 per sf.
HOUSTON-Industrial tenants head to N. Post Oak and Emmott roads, taking 22,920 sf in a lease and sublease. In Brazoria County, Polymer Chemistry Innovations buys a 9,732-sf industrial building positioned on 15.2 acres.
SAN FRANCISCO-The Port Commission can expedite planning and construction on its cruise ship terminal and office complex at San Francisco's Pier 30-32 with a new bill signed by Gov. Gray Davis.
AZUSA, CA-Pioneer French Baking Co. buys an 18,700-sf retail property on Foothill Boulevard from Topaz-Azusa LLC, a California private investment group. The building currently houses a Sav-On drug store.