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HOUSTON-A 3,750-sf office-warehouse has changed hands in the city's far southwest submarket. The holding is situated near the intersection of Texas 59 and the Sam Houston Tollway, in the city's fifth-largest industrial corridor.
CLERMONT, FL-The projects are three years away from surfacing but local government planners are scouting rural south Lake County for a 300-acre site that residents won't fight. Clermont is 25 miles west of Downtown Orlando.
SAN ANTONIO-Skechers is continuing its Texas rollout, opening its second San Antonio location. This time, the California-based retailer has picked at 10,000-sf site at 903 SW Military Dr. in the city's southwestern tier.
HOUSTON-Dr. Barton A. Smith of the University of Houston's Center for Public Policy has collated data that shows the office vacancy rate is dropping and will continue to do so through 2006. By 2003, it will be below 10%.
PORTLAND-A developer wants land at Terminal 1 for a residential project, while Multnomah County and a General Electric subsidiary each want land in the Rivergate Industrial District, for housing criminals and storing modular office trailers, respectively.
AUSTIN-An active Austin-area developer, Buffalo Equities, has bought about three acres in the city's southwestern tier. The land is zoned for retail and is well positioned at the entrance to Austin Community College's Pinnacle campus.
CLACKAMAS, OR-The approximately $4 million lease deal brings the 103,744-sf office building completed in Sept. 2000 to 50% leased. Allied, a subsidiary of Nationwide Insurance is expanding from approximately 15,000 sf at the 1500 Building in Portland's Lloyd District.
SILVERDALE-The Outlook Above Silverdale Apartments have received $9.1 million in permanent financing through a loan arranged by Holliday Fenoglio Fowler, L.P., the nation's leading commercial real estate capital intermediary.
EAGAN, MN-The developer of the 4.5-acre Bald Eagle Industrial Park has begun looking for tenants to lease the 45,000-sf industrial building, which should be ready later this year.