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RICHMOND, VA-Crocker Realty Trust sold the buildings for $21.2 million. Cushman & Wakefield represented Crocker in the sale, part of 6.2 million sf it has assisted the company in selling across the country.
SAN DIEGO-Dole Fresh Fruit Co. says it is moving its West Coast container ship business to the Port of San Diego. The move, to take place in September 2002, will create the port's first refrigerated container operation.
ATLANTA-The Schaumburg, IL-based high-tech manufacturer is leasing the space at the four-story, 104,000-sf Hillside II, one of three buildings being jointly developed by Duke-Weeks Realty Corp. of Indianapolis and M.D. Hodges Enterprise Inc. of Atlanta. The estimated aggregate rent is $4 million.
ATLANTA-The industry won't be generating 100,000 jobs a year for a while but the market remains more active than other national hubs, Colliers Cauble & Co. tells GlobeSt.com.
SAN DIEGO-Energy costs are leaving the fast-food chain in a pickle, but Jack in the Box Inc. is reporting record earnings and continuing its rapid national expansion, having opened 26 stores in its second fiscal quarter.
DENVER-The former Skyland Recreation Center in northeast Denver is now the Hiawatha Davis Jr. Recreation Center in honor of the late Denver city councilman who served his district for 16 years.
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.
LONDON-In a landmark judgement, the House of Lords--England's highest court--has decided that the role of the Secretary of State for the Environment does not fall foul of the European Convention on Human Rights. The decision removes the threat of paralysis from the UK planning system.
CLEAR LAKE, TX-Raytheon has signed a 94,472-sf renewal for its lead spot at 2224 Bay Area Blvd. in Clear Lake. The signing keeps the 117,987-sf building's name intact for the Lexington, MA-based.
CHICAGO-Mayor Richard M. Daley wants the Millennial Housing Commission, appointed by Congress, to push for a 40% jump in the federal Home Investment Partnerships Program so city's such as his can build new rental housing.