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HOUSTON-Caldwell Watson Real Estate Group, based in Houston, has added a marketing associate that will specialize in land sales and site selection. The hire, Kyle Fox, was a vice president with the Ward Group.
CASA GRANDE, AZ-Reliant Energy of Houston is making plans for a $740-million power station that will be built in Casa Grande, adjacent to one that opened earlier this summer. The complex will have the capacity to supply power to 700,000 homes.
ST. PAUL, MN-Missouri-based Payless Cashways is closing all three remaining Knox Lumber stores in Twin Cities, including in Hopkins and Little Canada, as it reorganizes in federal bankruptcy court.
HOUSTON-The George Bush Intercontinental Airport authority is expanding the automated People Mover system, hiring the Canadian-based Bombardier to do the job. Under the $46-million contract, vehicle delivery will start in mid-2003.
PORTLAND-Charlie Hales, a publicly-elected city official who once lauded the effort, urges the City Council to repeal the fee after opponents force a public vote on the fee, which would cost large building owners and high-traffic business owners upward of $1,000 per month.
ATLANTA-The locally based firm paid Wentworth Institutional Realty Inc. of Greenville, PA $2.35 million or $18.80 per sf for the 125,000-sf structure in Jonesboro, GA.
PORTLAND-The Building Owners and Managers Association's event will include its annual market overview with spotlights on particular submarkets, while the National Association of Industrial and Office Properties is holding a bus tour of the Central Business District.
LOS ANGELES-The shopping complex, which is 100% occupied, has sold for $1.6 million. It is the third retail property to change hands in recent weeks. The retail property was on the market for 28 days before it was snapped up by private investors.
LEOMINSTER, MA-A state-ordered methane collection system is being installed at a landfill here. A representative from the mayor's office tells GlobeSt.com that the site may have some development potential.
PHOENIX-Coldwell Banker is taking 12,300 sf of the under-construction, 38,000-sf Blackhawk Corporate Center II in northwest Phoenix. The spot will combine the staff from Coldwell's MetroCenter office and the recently acquired Prudential team.