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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.
FARMINGTON HILLS, MI-The City Council here agrees to a site plan for 680,000 sf of shops, offices and restaurants on an 89-acre site. A boutique hotel also could built by Grand Sakwa Properties and Phoenix Land Development Corp.
SACRAMENTO, CA-A Spanish rail car maker has agreed to lease between 50,000 sf and 75,000 sf at the new McClellan Busines Park -- the future of McClellan Air Force Base -- where it will assemble cars for a new light-rail extension.
ELIZABETH, NJ-A former Holiday Inn property will be turned into an upscale hotel at a cost estimated at $32 million. Completed is slated for later this year.
TUCSON-The owner of one of downtown's largest office towers says that one good-sized tenant could prompt the company to start construction on a 23-story office tower.
BILLERICA, MA-Developer David Veo's proposal to build a 300-unit low-income apartment complex here is meeting with fierce opposition from local residents. Veo had originally wanted to build an office park on this 10-acre parcel.
NEW YORK CITY-A founding member and former managing director of Global Property Advisors, Shain also created the North American Property Securities Trust for European institutional investors.
DUBLIN, CA-The Alameda County Board of Supervisors here is putting up $3 million for solar paneling to be placed atop Santa Rita County Jail, a move from which it estimates total savings just shy of $6 million.
ORLANDO-At 3 a.m. the City Council of Clermont, FL voted 3-2 to give the green light to the Minneapolis, MN-based retailer to build an estimated $23-million, 186,500-sf superstore here.
CHICAGO-The office supplies retailer also will close stores in Monroe, MI and Benton Harbor, MI. They are among 50 underperforming stores being closed within the next 90 days.