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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.
MIDDLETOWN, NJ-First, the developer of the proposed mixed-use project and its critics set up separate Web sites. Now the two sides have taken to election-style signage and leaflets.
BRIARCLIFF MANOR, NY-After more than four years in the approval process, developer Donald Trump is now moving dirt at his Trump National Golf Club here. However, the developer tells GlobeSt.com that the $125-million development will be well worth the wait.
AUSTIN-Travis County has cut a list of nine architects for a 60,000-sf building down to three. A five-member team will have its recommendation for the commissioners by Tuesday. Final interviews already have started.
EVANSTON, IL-The school receives a new 63,000-sf engineering design center in the university's science and engineering corridor, complementing an earlier gift of the company's center for global citizenship.
ATLANTA-The 405 million-sf warehouse/distribution market posted a first-quarter vacancy of 9.3% versus an average 8.7% for all of 2000. But new construction of 10.7 million sf shows development and tenant demand remain strong, especially in the bulk warehouse sector.
FREEHOLD, NJ-The money will be used to develop the fourth office building within the Monmouth Executive Center, a 66,800-sf facility that increases the asset to 175,000 sf.
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.