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HOUSTON-Beall Land Corp. has hawked a 20,000-sf warehouse to a private buyer. The 20-year-old structure is a fairly rare deal since there are few structures of its type in the historic Houston Heights area.
LOS ANGELES-Report by Federal Reserve says industrial output rose in March for the first time in six months. Separately, a pension fund advisor pays $20 million for project in North LA County, one of the strongest industrial markets of all.
LOS ANGELES-Youngest son of Italian immigrants, the quiet but forceful leader emerged from ashes of Watts Riots to build city into global cultural and economic center. He was the heart and soul of Los Angeles, Mayor Riordan tells GlobeSt.com.
KANSAS CITY-Difficulties in completing work on time surrounded projects in Arkansas and Oklahoma. Subcontractors also have lodged complaints against the company, which does about 75% of its work in this market.
MOONACHIE, NJ-AMB Property has acquired three industrial-use buildings in the Meadowlands with a total of 134,197 sf. The purchase price was $7.8 million.
PORTLAND-The Port spent $84 million in bonds in 1976 to upgrade the Portland Shipyard and build Dry Dock 4, the largest of three boat repair facilities at the shipyard and the largest dry dock in the Western hemisphere.
NEW YORK CITY-Forget the word 'recession.' Manhattan's East Side is home to two big construction projects--a luxury condominium development at Beekman Place and a conference center at the historic Lincoln Building.
INDIANAPOLIS-The REIT's $80 million in new developments include a 128,000-sf industrial facility for Eagle Inc. in Minneapolis. First-quarter activity also includes $54 million of new third-party construction contracts.