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SAN ANTONIO-The University of Texas at San Antonio is trying to stay on track with back-to-back building projects to meet projected enrollment growth. The drawing board now includes a $151.3-million trio of buildings, including an $80-million biotech center.
PISCATAWAY, NJ-The single-story office building has been substantially upgraded by the pharmaceutical industry consulting firm. Binswanger/Klatskin has the assignment.
PHOENIX-Promotions and hires come down the pike for four real estate-related and architectural firms in the Valley. Included in the changes are CB Richard Ellis' Phoenix office, which adds a first vice president and a vice president to its roster.
TEMPE, AZ-Boston-based REIT, Cabot Industrial Trust, picks up a six-building portfolio, totaling 140,000 sf, in Tempe's Broadway Business Park. Seller Shidler Group of San Diego reaps about $9 million for the 93%-occupied package.
PORTLAND-Thanks to lease deals signed long before the downward economy began affecting commercial real estate, Melvin Mark's Sunset Center at Tanasbourne will open next spring at least half full in a market where several buildings sit completely empty.
TAMPA, FL-Ken Wilson, Trammell Crow Co.'s senior vice president, heads the Florida regional team that will handle one of the firm's largest contracts of its kind. Curt Grantham, a former Crow executive in Orlando, directs 23 million sf nationally for the Bank of America from his Charlotte office.
DETROIT-A logistics provider, bread company and general contractor decide they need more space in three separate suburbs. The largest deal is a seven-year, 45,000-sf lease for GeoLogistics Americas Inc. in Romulus, MI.
NORCROSS, GA-The development in this northeast Atlanta suburb is expected to revitalize the downtown area, which previously consisted of a small historic commercial district, vacant lots and some dilapidated warehouses, all splintered by highway widening projects.
SAN PEDRO, CA-An affiliate of Boston-based State Street Research acquires a planned two million-sf South Bay complex, shrugging off fears of SoCal's economic slowdown. Brokers hope the deal marks an impending turnaround of the market's fortunes.