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HOUSTON-A wholesale flooring distributor, based in Memphis, has secured 47,335 sf in Houston's northwest submarket to expand its regional operations. The new spot is in the West by Northwest Industrial Center 15 along Sommermeyer.
LAFAYETTE, CO-The hospital and two medical office buildings would be built east of US 36 and south of South Boulder Road, on a 77-acre site in Lafayette Corporate Center. Exempla Healthcare operates two other hospitals in the market.
LOS ANGELES-Beverly Hills-based Hilton Hotels Corp. has opened the 120-room hotel in Nuevo Laredo, Mexico. It is the third property that the company has opened in Mexico.
LONDON-House prices will continue to rise until the end of 2002 according to Persimmon, Britain's largest housebuilder, as it reported big increases in first half sales and profits. Despite fears of higher interest rates, demand for new homes remained strong.
ORLANDO-The Santa Fe Springs, CA-based recreational equipment retailer is shooting for a Dec. 15 opening on its 60,000-sf, estimated $5 million indoor and outdoor complex in the under-construction, 1.1 million-sf Festival Bay shopping center on International Drive in south Orlando.
ORLANDO-In the biggest leasing/management contract deal of the year to date, the five-year-old locally based firm adds an estimated $140 million worth of properties to its existing two million-sf portfolio and vaults to fifth place from 15th place among the top Orlando brokerages.
MIAMI-A new South Florida market survey projects an overall increase in asking rents for industrial-warehouse space through the end of the year, though the average vacancy rate also is expected to rise.
SAN DIEGO-One of the city's largest private employers, and one of the nation's largest computer makers will lay off up to 25% of its work force and refocus its business.