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CHULA VISTA, CA-The publicly traded Ohio-based company that owns Knott's Soak City USA water park here reported a boost in both revenues and earnings for 2000.
EDISON, NJ-Driessen Services expands with a new distribution site near Newark International Airport. A broker team from NAI James E. Hanson, Inc arranged the transaction. A number of sites were examined before selecting this one.
STAMFORD, CT-A total of 75,000 sf of space currently leased by Cendant Corp. will become available at 707 Summer St. at the end of April, according to officials with Newmark & Company Real Estate Inc.
HOUSTON-Baker Hughes has secured a sale-leaseback deal for $100 million for four properties with Texan Western LP. The more than one million-sf ownership transfer marks the region's largest deal last year.
MINNEAPOLIS-Online offerings save time and money for broker, client and prospects, says a broker marketing two industrial properties in Des Moines, IA. The cost of producing and mailing out sales package is more than $100.
ATLANTA-The forestry equipment manufacturer, owned by Deere & Co., is consolidating existing area offices and leasing 18,272 sf for at least five years at an estimated aggregate rent of $2 million in Brookside/100 at Brookside Concourse, 25 miles north of Downtown.
SAN CLEMENTE, CA-Two private family trusts, one local and the other in nearby Newport Beach, put together this transaction for an 11-unit complex before the property could be advertised as available.
WASHINGTON, DC-MeriStar Hospitality Corporation posted strong results for the last quarter as well as the year 2000. Earnings improved 5.7% to $79.3 million while revenues increased 6.9% to $341.1 Mil with a 72.2% occupancy rate.
CHICAGO-Whitehall Funds puts the REIT in charge of managing, leasing and marketing malls in 12 states with approximately 8 million sf of gross leasable space. Among the properties is the Brickyard Mall on the Northwest Side.
DETROIT-It may not be Silicon Valley, but Digital Detroit wants the region to have a name for its high-tech area. It is offering a Palm Pilot to the person who comes up with the best moniker by Feb. 24.