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ORANGE COUNTY, CA-Schwinn/GT announces plans to relocate to Fontana after signing five-year lease worth $6 million for 323,660 sf of distribution space. Bicycle maker will leave its longtime Santa Ana home next month, taking hundreds of jobs with it.
VISTA, CA-The West Coast's largest shopping center REIT announces strong results and record leasing following the completion of a major merger with Western Properties Trust. The company executed a 92 leases totaling 304,351 sf during the quarter.
HOUSTON-Hines and Benchmark Hospitality have opened the doors on the $43-million, 214,000-sf The Chattanoogan, a hotel and conference center. The Tennessee project has been one year in the making.
WILTON, CT-A new lease deal, that involves the relocation of a Westchester County-based international meat import consortium here, will bring Louis Dreyfus' nearly completed 20 Westport Rd. property to almost full occupancy.
SAN DIEGO-The city's oldest and most prestigious art museum, the San Diego Museum of Art in Balboa Park, has completed a multi-million facelift that also created new gallery space.
ORLANDO-Construction in the area's roaring 92.6 million-sf market is steady but at a slower pace than in the past two years, a new Grubb & Ellis Co. analysis shows. Rents are declining as property owners whittle down the backlog of existing product.
ATLANTA-Rent hikes will slow, vacancies will remain stable and single-tenant buildings and big-boxes will be hurt this year, a new analysis by the Atlanta office of San Francisco-based Marcus & Millichap projects.
WATERFORD TOWNSHIP, MI-A $3-million facility built for Grunewald New Technologies Inc. of Germany would bring youth programs and higher tax revenue while not taxing township resources, Supervisor Carl. Solden tells GlobeSt.com.
DALLAS-The Dallas-Ft. Worth region won't be getting Boeing, but the decision hasn't put a damper on that famous Texas spirit. Just being in the three-city face-off, say state and local officials, has put Texas on Corporate America's radar screen.