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DALLAS-Brokers at Henry S. Miller Commercial and the Weitzman Group just keep rolling along with the deals. The pacts include a 65,819-sf pad buy in Lake Worth for a new Applebee's and a 15,000-sf acquisition for a new campus police station in Denton.
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.
LOS ANGELES-As other commercial real estate markets struggle with the cooling of the national economy, LA County's multifamily sector is still performing strongly.
KANSAS CITY, KS-Sisters of Charity officials estimate losses from the full-service hospital this year to be about $10 million. They will have about 440,000 sf of space available for lease in July.
LOS ALAMITOS, CA-The council will open up the subject of creating a downtown community center to public discussion at its next regular meeting on Monday.
DALLAS-Most likely, the waning demand in the region's telecom space is but a temporary lull for the industry. Still, it comes at a time when about 3.6 million sf is about to deliver, says the latest Grubb & Ellis market trend report.
LONDON-As further indication of the growth of Boston's North Station market, Daejan Holdings PLC increases its presence in the US by paying $21.3 million or over $200 per sf for a 102,000 sf building. This is the locally based company's fourth building in the city.
INDIANAPOLIS-Trammell Crow Co. takes over management and leasing responsibilities for CalEast Industrial Investors, LLC's 14-property, 733,000-sf portfolio. The two business parks were sold by Heitman Financial, LLC.
KANSAS CITY-A $3-million renovation of Walt Disney's original studio is seen as a way to pay tribute and help promote the Troost Avenue corridor, a blighted area along a major north-south thoroughfare.
HOUSTON-Schlumberger Omnes and the law firm of Gay & Reitz have sealed leases for new offices. One heads to Geoquest Center and the other to the Gemini Building in southeast Houston. In all, 24,340 sf has been taken.