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HIGH POINT, NC-The 24-acre manufacturing facility will be built across from another four-building plant operated by Brayton Co. on Swathmore Road. The estimated hard construction cost of the project is $17 million. High Point is 70 miles north of Downtown Charlotte.
SEATTLE, WA-Wright Runstad & Company is asking its Washington Mutual Tower tenants to do their part to ease the West Coast energy crisis. "Turn it off. Save some juice" is the slogan for the company's campaign, which launches tomorrow.
DENVER-Invesco's $120-million courtship has paid off as the city's Metropolitan Football Stadium District says 'I do' to a stadium name change. The Denver Broncos henceforth will be playing at Invesco Field at Mile High unless a legal challenge makes a winning play.
DETROIT-Plants outside the United States will close permanently; others here and in Canada will reduce the number of shifts. They include Toledo, OH; Belvidere, IL and Windsor, Ontario. The closings are in Mexico and South America.
SAN BRUNO, CA-Two development companies have purchased the San Bruno navy base with plans for a $200 million mixed-use project that will include 300,000 sf of office space, 210 apartment units and 190 senior housing units.
ATLANTA-As local economies have felt the pinch of a slowdown and competition in economy hotels has increased, the locally based hotel company says it will be selling 10 operating hotels with about 400 rooms for an undisclosed price to pay down debt and fund new acquisitions.
TAMPA, FL-James D. Means, former asset management director at Portland, ME-based UNUM Life Insurance Co. of America, and investor Robin M. Hester paid UNUM $6.36 million for the 20-year-old, 244-unit, 99%-leased Swan Lake Apartments in the bustling Carrollwood neighborhood of Tampa, 80 miles west of Downtown Orlando.
SAN BRUNO, CA-Two development companies have purchased the San Bruno navy base with plans for a $200 million mixed-use project that will include 300,000 sf of office space, 210 apartment units and 190 senior housing units.
SOUTHFIELD, MI- Advanced Network eXchange eBusiness Corp., owned by a San Diego firm, will open its headquarters in the 2000 Tower office complex, where rates average $20.50 per sf.