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LAFAYETTE, CO-A subsidiary of Northrop Grumman inks the first deal at the Lafayette Corporate Campus. Logicon Commercial Information Services is taking 42,000 sf at the Etkin Johnson Group park.
FORT LAUDERDALE, FL-Four buildings, from 36 years to 44 years of age with a near-ocean location commanded a selling price of $6.75 million or $179.78 per sf. But that's not the end of the story. Ten years ago, the same properties, totaling 37,546 sf, went for $6.85 million or $182.44 per sf. The assets are 30 miles north of Downtown Miami.
FT. WORTH-Volkswagen of America will build a 360,000-sf parts distribution center on 24 acres in Alliance's Westport corridor. The project is expected to re-energize Westport, which has been standing in the shadows of Alliance's Gateway.
LOS ANGELES-Revolutionary Eyewear pays $2.6 million for 29,769 sf of space and in Simi Valley, and plans to relocate its headquarters there from Van Nuys.
LEESBURG, FL-The Department of Environmental Protection wants to take a year to make sure the 200 acres on a city sewage sprayfield aren't contaminated and don't pose a public health risk.
NEWARK-Continuing the local and national trend of replacing urban high-rises with townhouse developments, the 31-year-old Hill Manor Apartments will be imploded. The complex has been vacant since 1997.
AUSTIN-Extended StayAmerica has opened its 37th hotel in Texas and fifth in Austin, where plans are afoot for a sixth facility. And, says a company spokeswoman, more hotels are on the way.
ELMSFORD, NY-Cablevision/Lightpath has signed two lease deals in the Elmsford/Hawthorne area totaling 17,400 sf of space for its sales, service and support operations.