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PINEVILLE, NC-The 52-year-old Dick's Clothing & Sporting Goods chain has bought a seven-acre site for $2.9 million or $414,255 per acre ($9.51 per sf) just south of Charlotte for the first of five planned stores. The first 45,000-sf unit will open next summer. The site housed the former Cedar Springs Hospital.
VANCOUVER, WA-The Seattle telecommunications company has a handful of people working in temporary offices here overseeing construction of their new plant. The company hopes to occupy the 20,000-sf building by July.
CHARLOTTE-Mecklenburg County is buying the vacant, 18,500-sf structure from William Kerns for $2.48 million. The county will house some of its growing agencies at the property.
CHARLOTTE-The locally based firm is adding five new employees to its 25-person staff to keep up with projects presently under way. Crosland has 1.6 million sf of retail under development in six local projects.
HOUSTON-Let the people decide, say light rail opponents. The opposition group has submitted petitions for a citywide referendum, sparking a debate as to the number of signatures needed to take the issue to the people.
OAKLAND, CA-The building's leasable square footage has already been locked down. Turner Construction Co. has moved into 17,000-sf on the first four floors, Ketchum Inc. has leased another 10,500 sf and Berkeley's Tom Sawyer Software is taking 8,000 sf.
LOS ANGELES-A private family trust has paid $13.5 million for a 4.9-acre parcel in the South Bay and could build up to 58,000 sf of retail on the site.
NEW YORK CITY-Last month alone approximately 1.8 million sf of space was leased or sold in just Manhattan in all of the market sectors. The majority of it was office space.
PORTLAND-1000 Friends of Oregon is suing 23 cities in the state because the ordinances could be used "to authorize everything from cell phone towers in residential zones to development on coastal sand dunes.