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PORTLAND-"I'm going fishing," quips developer Tom Moyer, whose 500,000-sf spec office and retail project is weeks away from opening and well on its way to being 98% leased.
CORSICANA, TX-The nation's largest privately owned retailer is abandoning its tornado-ravaged headquarters and distribution site in Ft. Worth for a lower-profile lifestyle in Corsicana, heading south of the big cities. Montgomery Ward has started its move although a building expansion to double its 350,086 sf isn't set to begin for two to three months.
OLYMPIA-Growth in seasonal employment was offset by large layoffs in non-certified school personnel, leaving the July rate a tenth of a percentage point above where it was a year ago.
ATLANTA-Merchandising firm consolidates operations at new, 55-acre Lakeview Industrial Park near Atlanta International Airport. Area rents average $6 to $8 psf.
MCKINNEY, TX-Keystone Strategies is selling its largest fee simple holding in the metroplex - an 844,000-sf warehouse distribution center situated in a Dallas suburban community. Blockbuster will remain as the building's sole tenant.