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LAKE FOREST, CA-The 42,090-sf facility has been leased by a bar code technology company, as a report by Chapman University shows that the county's decline in manufacturing is starting to ease up.
DENVER-Steve Bassett, a senior VP and leasing director, has been promoted to regional director for Jones Lang LaSalle's Rocky Mountain Region. Other management changes also are in play, but it's not exactly a reorganization, Bassett tells GlobeSt.com.
MINNEAPOLIS-Construction crews have descended on a riverfront site that come late 2002 will boast the Mill City Museum, a $24-million project that also includes 62,000 sf of office space and an education center.
HOUSTON-Lennar Partners, owner of a flood-damaged Houston office park, has hired PM Realty Group of Houston to oversee repairs and drive a lease-up effort. The 218,40-sf, seven-building North Loop Office Park sustained nearly $3 million in damages.
GEORGETOWN, TX-Quorum Equities Ltd. might be tiring of the battle with Georgetown to develop a 215-acre tract for a retail project. Quorum didn't return phone calls, but a knowing broker says council action might have jeopardized the project.
GLENDALE, AZ-A $14-million, 200,000-sf headquarters and manufacturing project is under way for Groen Brothers Aviation, now based in Salt Lake City. Minneapolis-based Ryan Cos. will own the facility, which will be producing up to four gyroplanes a day.
MESQUITE, TX-High-rollers have zeroed in on the Dallas-Ft. Worth market, where class A multifamily sales reap nearly $38 million in two unrelated sales. A Grubb & Ellis team snagged the coup with two of Mesquite's four new complexes.
NEW YORK CITY-A jolting study on real estate trends may finally provide perplexed industry-watchers with the answers they've been pining for. In an exclusive interview, its author explains his warts-and-all economic analysis.
LONDON-Whitbread, once one of the UK's largest brewing operations, turned its back completely on beer production last year. Now it is trying to unload nearly 1,000 restaurants as it looks to expand into the hotel market, and there are some household names on the 'For Sale' list.
TACOMA-Trammell Crow Co. has decided to close its Downtown Tacoma real estate brokerage office as part of the Dallas-based brokerage firm's reorganization efforts.