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CAROL STREAM, IL-Four Columns, Ltd. takes possession of a 97,641-sf retail, office and warehouse facility at Army Trail and Merbach Roads in this DuPage County suburb, leasing out 72,033 sf to retailer Peppers Bedroom City.
ATLANTA-The locally based architects are designing the $70-million, 27-story, 600-room addition to the existing 470-room Omni Hotel, adjacent to the Georgia World Conference Centerand Centennial Olympic Park. Scheduled opening: first quarter 2004.
ATLANTA-The 400,000 sf research and manufacturing plant expects to employ 305 workers over the next three years in Floyd County, 50 miles northwest of Downtown Atlanta. The plant's hard construction cost equates to $352 per sf.
SOUTH ARLINGTON, VA-The privately owned retail real estate company based in Bethesda, MD helped the gym ink a lease on a 28,000-sf former bowling alley in the Shirley Park Shopping Center on Glebe Road here.
WASHINGTON, DC-The Fannie Mae loan will be used to finance the purchase of the 146-unit, seven-story Randolph Towers, which was built in 1931. The property is located on 14th Street in Northwest.
MELVILLE, NY-Amid the "no-comments," one source who knows of the dealings says things at Reckson are "very quiet," and no merger is imminent. GlobeSt.com's source points to this same rumor's emergence two years ago.
HERNDON, VA-The San Jose, CA-based tech manufacturer will locate its regional sales office here, according to the Irving Group, which helped the new company find the space and served as project management.
OCEANSIDE, CA-The City's Community Development Commission on Apr. 4 will consider a proposed four-story, multi-use project in Downtown. The project calls for 10,000 sf. of commercial space and 33 condominiums.
BURLINGTON, NJ-The Michigan-based manufacturer will distribute its products in the Northeast, moving its operation to the Burlington Business Center from Central New Jersey. The company manufactures parts for different vehicles.
JUNO BEACH, FL-Two of the largest energy producers in the country advised last month merger talks hit an obstacle over governance structure and value-related issues. FPL operates Florida Power & Light Co. from offices in Juno Beach, 77 miles north of Miami.