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HAYWARD, CA-A midyear market report by Colliers International says the Hayward industrial market continues to be an attractive place for users and investors looking for great value in the San Francisco Bay Area.
CLERMONT, FL-Developers Dan Hessburg and Ron Carlson are erecting the six-building, 43,000-sf Florida Executive Center for $7 million in this Orlando bedroom community's hottest commercial sector on State Road 50. Five buildings are sold out.
FORT LAUDERDALE, FL-County officials have appropriated about $3.9 million as initial settlement funds to acquire the leasehold on a four-acre site adjacent to the Broward County Convention Center.
HOUSTON-EastGroup Properties has signed a new tenant for 36,592 sf at one of 10 buildings in its Houston International Business Center. VT Controls will relocate to the North Houston industrial building from 14900 Woodham Dr.
NORTH BERGEN, NJ-With the 176-unit, 12-story luxury residential tower completed, developer The Barrett Cos. is turning its sights to a new 331-unit tower.
STAMFORD, CT-Xerox Corp., reports that it plans to establish a new TeleWeb Center in 40,000 sf of leased space in Halifax, Nova Scotia. The high-tech call center is expected to hire approximately 150 workers initially and up to 600 in the future.
DANVERS, MA-California-based Applied Materials, a manufacturer of products for the semiconductor industry, leases the 280,000-sf former Osram Sylvania manufacturing and office facility here. The company is putting $40 million into renovating the building and has an option to purchase it.
BLOOMINGTON, MN-Midwest Retail LLC, a venture between United Properties and Lutheran Brotherhood life insurance company, will focus on neighborhood shopping centers anchored by grocery stores.
ATLANTA-The general manager of the Host Marriott commercial portfolio is promoted to regional director of management services, responsible for overseeing 1.5 million sf of commercial space in Atlanta.
FORT LAUDERDALE, FL-Prudential Mortgage Capital is guaranteeing a leasehold mortgage on a 9.26-acre retail site at North Perry Airport 29 miles north of Miami.