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LACY, WA-The properties are five miles apart. Wal-Mart says it plans to open 140,000-sf stores on both sites by mid-2003. The nearest existing Wal-Mart locations are in Chehalis, Shelton and Puyallup.
SEATTLE-A little more than $1 million from The Federal Home Loan Bank of Seattle is financing more than 260 new affordable housing units in rural Oregon cities, and will preserve and rehabilitate another 25 units.
STAMFORD, CT-The diversity of the tenant base in Westchester was a key reason why the slowing economy failed to produce a significant downturn in the county's office market in the second quarter.
IRVINE, CA-Sekisui TA Inc. will move into its new $7 million, 185,000 sf U.S. headquarters building next February. The building includes 30,000 sf of office space plus a manufacturing plant and warehouse.
TRAVERSE CITY, MI-The River's Edge project here is highlighted by the National Governor's Association as a good example of reuse of brownfield sites. It will ultimately be home to a $100-million development, according to plans.
SAN DIEGO-Washington Inventory Service has taken in $1.2 million for a 22,000-sf office building along San Diego's El Cajun Boulevard. The deal comes with a five-year lease for the ground floor so the seller can stay put.
SAN FRANCISCO-Art Institute International will now occupy the fifth and sixth floors at 1170 Market St., as well as the ground, second, third and seventh floors it already leases.
MORRISTOWN, NJ-The 2-cent per $100 of assessed value increase would raise $10 million a year, with the proceeds going for the acquisition and preservation of open space in this Northern New Jersey county.
MINNEAPOLIS-A backlog of 648 residential units is up from a year ago and new orders are down a bit for the home builder that concentrates on this market as well as Tampa, FL and Des Moines, IA.