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NORTHBOROUGH, MA-Despite a jittery economy, enthusiasm has not dampened for the Greater Boston commercial real estate market. Gutierrez Cos.'s recent purchase of 560 acres here is evidence of that.
AUSTIN-VIKO Test Labs at 2209 Woodward St. in the southeast corridor has been bought by ChipPac Inc., a California-based semiconductor test provider. The purchase also includes VIKO's Santa Clara, CA operation.
SOMERVILLE, NJ-Fast-growing Somerset County hopes to tie together the disparate missions of three organizations to enhance the economic development process. The resulting joint venture is the Somerset Business Partnership.
WYANDOTTE COUNTY, KS-Industrial space just west of Kansas City, MO has been sought out, especially in recent years. Approximately 3.7 million sf have been absorbed, leaving about 300,000 sf of available space.
VANCOUVER, WA-The $11 million project at 24th and Main streets will include row houses, condominiums, apartments, retail shops and a public plaza. LRS Architects is designing the project and Westwood Swinerton Construction will be the general contractor.
CHARLOTTE-The buyer plans to invest $900,000, on top of the $665,000 purchase price, restoring and converting the Joseph Sykes Brothers structure to offices for itself and Luminar Studios, an affiliate.
BOSTON-As it prepares to vote on a proposal to build a ballpark here, the city council voiced its opposition at a public hearing. The council believes the project will cost the city more than originally anticipated.
WHITE PLAINS-Allied Irish Bank has leased approximately 30,000 sf of space at 333 Westchester Ave., the former Kraft Foods headquarters complex here, according to property owner Cohen Brothers Realty Corp.