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LONDON-Coal Pension Properties has let the 14,989 sf first floor at Sierra, its new office building in Phase II of the Bourne Business Park in Weybridge, Surrey.
ATLANTA-The Florida firm is leasing 165,000 sf for three years and will use 8,000 sf in SouthPoint Building B for office and the balance for distribution at the 108-acre, 90%-occupied SouthPoint Distribution Center.
CHICAGO-After giving up space in 100 N. Riverside Plaza to make way for Boeing Corp., Morton International finds 78,060 across the Chicago River in Prentiss Properties' 123 N. Wacker Dr.
PHOENIX-The region's industrial market is on a roll, keeping values up for the seventh consecutive year, according to a new survey. A historical high of $50.58 per sf has been calculated as a result of last year's activity, up $1.66 per sf from the prior year.
DENVER-The manager of 11 no-load mutual funds decides to stay put in its Cherry Creek space after exploring options, says Barry Dorfman, president of the Denver office of the Staubach Co.
GARLAND, TX-Jay Jones of Dallas has beefed up his holdings in the Garland market, buying a 17,952-sf building on nearly 1.4 acres. He is weighing his options for the property, says a broker who negotiated the deal.
OCEOLA TOWNSHIP, MI-A public hearing to be held in July for a traditional neighborhood development of 416 apartments, 276 detached condominiums and 180 live-work condominiums on 101 acres in the township.
ESCONDIDO, CA-San Diego County supervisors have approved an agreement with the San Pasqual Indian band allowing road improvements needed to serve the tribe's expanded casino.
LOS ANGELES-The 330,000-sf office complex just north of the Ventura Freeway and east of Lindero Canyon Road opens at 60% occupancy. Tenants include homestore.com, Thorston & Associates Insurance Services and Genuity Solutions Inc.
HOUSTON-Phoenix World Business has taken its second Eastpark Drive warehouse site in three months. The latest pact is for a 25,000-sf structure at 4320 Eastpark Dr. In all, the company will now be occupying 40,000 sf in the submarket.