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GARDEN GROVE, CA-The 44,000-sf facility has been purchased by DMW Financial Services, as demand for space continues at a steady pace in the county's industrial market.
SAN FRANCISCO-The industrial REIT reporting a flat second quarter. The lack of earnings growth is mostly due to the company's investments in high technology and e-commerce, but also due to its relationship with Webvan Group Inc.
ATLANTA-The three central business district submarkets, however, are solid with a second-quarter occupancy level of 93.19% versus an average 89.01% leased mark among the 13 suburban pockets, according to a new analysis by Richard Bowers & Co.
MIAMI-Cushman & Wakefield picks Philip H. Grossberg, former regional real estate manager for General Motors in Brazil, to be part of its newly formed Latin American International Services Group.
DALLAS-One of Texas' most colorful characters is in the expansion mode, but it's different from his heyday of wheeling and dealing in the oil business. T. Boone Pickens has inked an expanded office lease, ending a nine-month search for a new location.
LOS ANGELES-A Superior Court judge tosses out the company's lawsuit against the city's transit authority and says the contractor intentionally hid or destroyed important documents. The contractor could now face millions of dollars in damages and even be barred from future public works projects.
DENVER-The real estate arm of Legg Mason, a partnership backed by Dallas-based Crescent Real Estate and Houston-based Hines Development, are ready to team with the city on developing the ski resort.
LONDON-Mayor Ken Livingstone has confirmed his intention to charge drivers to enter central London, but the tolls will only be levied once the public transport system has been upgraded.
BRIDGEWATER, NJ-The management consulting and outsourcing firm will now occupy a total of more than 130,000 sf at SJP Properties' Somerset Corporate Center I facility.
LOS ANGELES-A local investor and developer has acquired nearly one acre of infill land and plans to build a $2 million industrial and office complex on the site.