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HANOVER PARK, IL-Fuji Photo Film, USA Inc. will use three-story building in IDI Inc.'s Turnberry Lakes International Business Park for its graphic systems division headquarters as well as regional distribution center.
BOSTON-Teradyne, Inc. slashes another 11% off its work force, with 120 employees in this state being laid off. The company says that its facilities here won't be affected but the company recently put a halt to construction on three new facilities in Bedford.
HERMISTON, OR-The new plant is expected to be in service by 2004, with 15 full-time employees. Construction is slated to begin in early spring 2002. About 325 jobs are expected to be created at the peak of construction.
ANN ARBOR, MI-The proposed 470,000-sf medical complex would be a likely candidate for joining in a state-sponsored life sciences corridor of development. Regents could approve the plans Thursday.
MINNEAPOLIS-The $2.7-billion expansion was to include a new north-south runway by 2010. The carrier that accounts for the majority of flights at Minneapolis-St. Paul International Airport is cutting 20% of its routes, however.
PETALUMA, CA-Basin Street Properties has found a new tenant to occupy space in its million sf business park in Petaluma. Occam Networks has signed a long-term lease with the development company.
BOCA RATON-Locally based Investments Limited paid Crow Holdings of Boca Raton $9.7 million for the four-year-old, 69-unit San Marino at Town Place. The per-unit price is believed to be one of the highest recorded for a Palm Beach county multifamily product.
NEW YORK CITY-The market is ripe for buyers to beef up their portfolios at bargain basement prices. But buyers aren't picking up anything they can get their hands on. Their interest in multifamily reveals that buyers want to go where the solid opportunities are.
WASHINGTON, DC-The rise is seasonally adjusted. On an unadjusted basis, the measure declined 22.7%, but was up 76.7% compared with the same week a year ago.