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SUNRISE, FL-Owners of industrial-warehouse properties show some signs of acceding on sale prices amid an increase in the number of available larger sites in this southwest Broward County submarket 26 miles north of Miami.
HOUSTON-A valve manufacturer and a tire supplier have found new warehouse spots in the city. The two deals total 17,997 sf in the ongoing race for Houston's industrial space. Nutron heads to northwest Houston and Big State Tire goes to a northern suburb.
SAN RAMON, CA-Privately held Odyssey Pharmaceuticals has landed a sublease of 13,699 sf of office/R&D space at Norris Tech Center here for a reported savings of half the per-square-foot cost for direct space.
ORANGE COUNTY, CA-Brasstech, a manufacturer of plumbing parts, says Santa Ana building is a nice fit for its industrial needs and doesn't hesitate at paying the $3.6-million lease bill.
SANTA ROSA, CA-Even with the market slowdown elsewhere, the area north of the Golden Gate remains active with more than 55,000 sf of space leased in the past few weeks. Four major deals accounted much of this activity.
CHICAGO-One fallacy of dotcom implosion is "some people wonder if the Internet matters anymore" but computers are likely to continue to grow in practical usage for brokers, leasing agents, property managers and financiers.
SEATTLE-A recent reminder of the February earthquake--the collapse of a building overhang--is sending new shockwaves through the building ownership community.