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ORANGE COUNTY, CA-A Glenwillow, OH-based vacuum-cleaner manufacturer has inked a $2.6-million lease to occupy distribution space in Ontario's Haven Gateway Centre.
ENGLEWOOD CLIFFS, NJ-The cable news network's new 500,000-sf facility broke ground with much fanfare and was recently topped out, but no staffers will move in until at least late 2003, according to a CNBC internal memo.
BALTIMORE, MD-The investment firm will pay as much as $1.38 billion for the Florida-based privately owned wealth management company. Legg Mason will pay $682 million at closing in July, with two more payments to follow.
HOUSTON-Beers Construction, based in Atlanta, is moving into a new spot along the Southwest Freeway. It's one of two office leases that have just closed. The other signing puts an accounting firm into a west Houston building.
WALNUT CREEK, CA-Overall office vacancy rates for the North I-680 corridor stand at 5.8%, up from 4.1% at the end of 2000. It could have been worse--if there had been more reliance on the tech-sector.
DALLAS-Directors Row LLC has given up on leasing and bought a 40,761-sf warehouse in Dallas' Brookhollow section. The marble fabricator already has crews on site retrofitting the building for its operation.
ANN ARBOR, MI-The engineering, surveying and environmental firm introduces its new real estate services team, the second of four market sector groups to be introduced this year, to manage the transaction process.
GOLDEN, CO-New World Coffee-Manhattan Bagel Inc. of Eatontown, NJ, recently offered $151 million. Companies bidding for assets of the nation's largest bagel company will make their best offers in bankruptcy court in Phoenix.
FRAMINGHAM, MA-Genzyme Corp., a biotechnology and health care products company, plans to develop a 300,000-sf manufacturing plant here next to the company's existing campus. The plant is part of a company strategy to increase its manufacturing capacity.