AVENEL, NJ-Used by the company's electric motor division to make engines for submarines, the existing operation was a casualty of years of relative peace and diminished threat to national security.

NEW YORK CITY-In a press conference in City Hall yesterday, Feb. 14, Mayor Rudy Giuliani, Bronx Borough President Fernando Ferrer and Economic Development Corp. President Michael Carey all discussed the potential spring/summer groundbreaking in Hunts Point.

DETROIT-The largest among the new projects are a three-building, 250,000-sf complex at I-75 and 14 Mile Road in Troy being developed by Becker Ventures and the 112,000-sf Plymouth Green development in Ann Arbor.

HOUSTON-Signs are that it's going to be a hardy year for the city's industrial market, particularly in the northwest corridor. A 300,000-sf bulk warehouse distribution center is just one of several projects that's clearly a trickle-down effect from a new air cargo facility.