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CEDAR PARK, TX-A 67,000-sf Randall's supermarket will anchor a neighborhood retail center that's on the drawing boards for Trammell Crow. TCC has just bought almost 14 acres for the project, which could build out to nearly 150,000 sf.
CHICAGO-AMLI's Windham Lakes Business Park in southwest suburban Romeoville, CMD Industrial Park in west suburban Itasca and an industrial building in southwest suburban Chicago Ridge have two new leases and two renewals.
LOS ANGELES-Jack Kyser, chief economist for the LA County Economic Development Corp., says the region will keep growing in 2001--just not as fast as last year.
BOSTON-The Boston Museum Project wants to build a city museum on one of two prime pieces of real estate here. The project requires the support of the city but the mayor has not committed himself yet.
ORLANDO-The gift from the Office of Tourism, Trade and Economic Development will allow Osceola County to update its 16-year-old baseball complex and keep the Houston team happy until 2016 at least when the new 15-year lease expires. The facility on East U.S. 192 is 20 miles south of Downtown Orlando.
CHICAGO-A sale by Banyan Strategic Realty Trust, a REIT based Downtown here, of its real estate portfolio for $226 million to privately-held Denholtz Associates includes more than 250,000 sf in Orlando and Winter Park.
DETROIT-The short-term prognosis is good, the company says, even with sharply lower absorption due to slowed construction. Rent increases averaged 5.4%, bringing the asking lease price to $20.16 per sf.
PHOENIX-Opus West has found one of the last few remaining vacant parcels along the Black Canyon Corridor and has started building a 95,000-sf office building there.
PORTLAND, OR-The locally based outdoor apparel company currently owns and operates some 649,000 sf of contiguous space here in the Rivergate industrial district. The expansion will make the publicly traded company's facilities the largest distribution center in the district.