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JOLIET-More than 6 million sf of space built to handle high-capacity data and electrical needs of its tenants is coming to this city 40 miles southwest of Chicago. Ryan Cos. plans to break ground in the spring.
SAN FRANCISCO-The San Francisco Port Commission will meet this week to discuss plans for the $37.2 million pier plan. The staff will recommend that the port enter exclusive negotiations with the San Francisco Waterfront Partners, a joint venture between the Jefferson Co. and Putnam Waterfront Partners.
HOUSTON-EastGroup Properties has acquired 63 acres of raw land and a 107,000-sf building in World Houston International Business Center. The developer is gearing up for the first building phase for the land, which can support up to 800,000 sf.
SHELTON, CT-PerkinElmer Instruments has signed a lease for 245,000 sf of space at 710 Bridgeport Ave. and will relocate its current operations in Norwalk and Wilton here by the second quarter of this year.
WASHINGTON, DC-Fannie Mae is redeeming another $1.265 billion in recallable notes on Jan. 19, 2001. A combination of eight midterm, global, universal retail and universal fixed interest securities are targeted.
NORWALK, CT-The C.R. Gibson building here has been sold to an owner of a women's health and fitness center company for $1.7 million, according to Grubb & Ellis Co. of Stamford, CT, which brokered the deal.
AUSTIN-Five Austin businesses have finalized leases for industrial and office space. The largest deal puts Summitt Electric Supply into 56,000 sf at Interchange Business Park.
SAN JOSE, CA-The Dallas-based company wins the management and leasing contract for the 100,420-sf Bayshore Plaza office building in downtown San Jose formerly managed by Parkway Properties. It is 98% leased to 10 tenants.