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VISTA, CA-A 65,000-sf industrial research and development building in the 69-acre Palomar Corporate Center has been sold for just under $4.1 million. The buyer, founder and president of Sherline Products Inc., exercised a purchase under the lease option program offered by the owner.
PORTLAND-The proposed 16-story, 300,000-sf office building hopes to be the first of several new Downtown office projects to secure tenants in order secure financing and break ground in the next 18 months.
LONDON-The UK's planning system has been attacked by the government's own architectural advisory body, the Commission on Architecture and the Built Environment. It says the 50 year-old system is creaking at the seams.
MINNEAPOLIS-The two buildings, "a symbol of changing times for Brazil Telecom," will total 80,000 sf and cost from $24 to $36 million. The architect has done three similar projects in Brazil.
HOUSTON-It's been six years in the making, but the time has come for Hines and joint capital partner, Warsaw-Centrum Borough, to break ground on a 390,000-sf, class A office complex in Warsaw.
PHILIPS, WI-Philips Plastic's new 85,000-sf factory, designed by Krueck & Sexton of Chicago, and Minneapolis-based Ellerbe Becket's 500,000-sf "smart arena" in Japan are winners in Business Week/Architectural Record Awards.
SPOKANE, WA-The newly-selected design team of Integrus and LMN Architects is tasked with studying alternative sites and preparing preliminary designs and budgets for the proposed expansion, which could lose$30 million in funding if it isn't underway by the end of 2002.
PORTLAND-Well known firms Thomas Hacker and Assoc. and Fletcher Farr Ayotte each take home three awards in the annual design contest sponsored by the Portland chapter of the American Association of Architects.
WILSONVILLE, OR-"We envision a European-inspired hillside community that we believe will be the next generation of good urban development," said Rudy A. Kadlub, Chief Executive Officer for Costa Pacific Homes.