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BELLEVUE, WA-The locally based Laptop Lane has announced the opening of its newest business center at Seattle-Tacoma International Airport. The new Laptop Lane location in the North Satellite, between gates N8 and N9, is the ninth store the company has added this year.
LIVONIA, MI-Phoenix Land Development of Farmington Hills is talking with a city council committee about the design of the development. The company already has been told to leave wetlands alone.
CHANDLER, AZ-Fairfield Residential has started yet another apartment complex in the Valley. The 288-unit Cantera in Chandler is being positioned on 20 acres, recently bought for more than $2 million.
CAMDEN, NJ-Cushman & Wakefield has the exclusive for four different properties located in South Jersey, ranging from 30,000 to 290,000 sf. The largest block is the former Campbell Soup warehouse.
LONDON-The Crown Estate made an increased surplus in the year to 31 March 2001. Soaring property values and active management have continued to boost the amount the estate returns to the Government's coffers.
PARSIPPANY, NJ-Although asking rents remain stable, sublet availability is reaching critical mass, causing some pressure on taking rents, according to a second quarter report about to be issued by GVA Williams-NJ.
LOS ANGELES-The New York-based insurance giant acquires 239,086-sf Continental Grand Plaza II office complex. The deal marks one of the highest prices ever paid for a South Bay property.
CARLSBAD, CA-The state's largest employee retirement fund has finished its first major investment in the senior housing industry--a portfolio of properties valued at about $115.5 million.
SEATTLE-Thanks in part to Webvan's well publicized shutdown, Albertson's online division has seen its orders more than triple this week in the Seattle area, but it won't be needing any warehouse space. The Boise, ID-based grocer now uses its brick-and-mortar stores to fulfill orders.
REDMOND, WA-Home Depot and Fred Meyer have snatched up the land, located at the end of Highway 520. The joint purchase was split equally. Nearly 300,000-sf of retail is planned.