HOUSTON-Warehouse Associates is gearing up to build its third distribution center in two years. The newest undertaking will be positioned on 50 acres that are under contract in the near southwest submarket. The acreage is capable of supporting 800,000 sf.

BELLEVUE, WA-Su Development is getting ready for a market rebound with Ashwood Commons, initiating the design review process with hopes of being first to market with new product when the market rebounds.

ATLANTA-Teachers Insurance and Annuity Association is negotiating in the area of $80 million ($138.89 per sf) for the combined 576,000-sf Concourse 1 and Concourse 11 near the 21.9 million-sf Interstate 285/GA400 submarket.

LEESBURG, FL-Commissioners unanimously voted to annex a 3,443-acre cattle pasture that is zoned for four million sf of industrial; 1.3 million sf of commercial; 5,320 multifamily units; and 10,102 single-family, two-family and triplex units. Some residential activist groups argue the project is too large for a small city (Pop. 15,624) to manage.