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LOS ANGELES-As companies continue to snatch up industrial space across the county, a recently constructed industrial facility in La Mirada has been sold to a NJ-based firm.
ATLANTA-The locally based firm is opening six new call centers in the Southeast, just as it vacates a 30,000 sf facility in Atlanta and a 4,000 sf location in Macon, GA.
DENVER-Average monthly rent outside Denver's borders has set a new high, $750. Eagle County's $1,000.71 per month surpasses even Aspen. Rents could go up even more as vacancy rates drop.
HOUSTON-The Houston operation has been such a business boon for a Los Angeles-based tile company that it's expanded its lease in the Hempstead Highway Distribution Center. Emser Tile has added 15,197 sf to its 31,000 sf as a result.
TAMPA, FL-Inexpensive land and a growing volume of suburban commuters are bringing developers out of the woodwork on Interstate 75 but tenants aren't swarming yet, cautions a new report by Marcus & Millichap. Tampa is 80 miles west of Downtown Orlando.
DALLAS-Bombardier Aerospace and SimuFlite are teaming on the nation's first manufacturer's direct training center for pilots and maintenance technicians. The 81,800-sf expandable facility is at Dallas-Ft. Worth International Airport.
DENVER-The Downtown Denver Partnership is smiling over a recent report that quantifies a decade of transition. All aspects have risen significantly and office vacancy at fourth quarter close had been at a 20-year low.
MIAMI-Three amendments offered late Thursday afternoon salvaged the Florida House bill from potential defeat. This would have scuttled a 40,000-seat construction project estimated to cost between $385 million and $521 million.
PHOENIX-In spite of strong development, demand for apartments in the Valley was strong enough during the first quarter to push the occupancy rate to its highest point since 1997.
BEAVERTON, OR-Work on the bankrupt $100 million office, residential and retail project stopped in early 1999, two years after it began, when its developer failed to find the necessary financing to proceed, leaving several buildings half constructed.