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GRAND PRAIRIE, TX-Home Depot USA takes the bait of a rail line expansion to sign a 322,824-sf lease in the Great Southwest Industrial Park. The home center, planning a December move-in, will use 300,000 sf as lumber distribution site.
REDWOOD CITY, CA-City officials here are seeking a developer for a $75 million downtown retail project across from City Hall. Officials envision a 20-screen, 4,500-seat movie theater, plus two anchor tenants on a site that now holds a variety of small shops and a former JC Penney clothing store.
STAMFORD, CT-Officials with W&M Properties, whose Metro Center office building has been the scene of recent rallies by striking janitors in Fairfield County, released a statement in response to charged made by the striking union.
CARROLLTON, TX-Illes Food Ingredients Inc. is planning a move-in by April 2001 into 112,000 sf of manufacturing space at the Luna Distribution Center II. The 73-year-old business produces flavor and aroma enhancements for processors.
PORTLAND-The locally-based information technology company is taking 11,000 sf vacated by the Social Security Administration. The remaining 12,000 sf is being subleased from Mass Mutual.
CHARLOTTE-The Internet service provider also expects to play in the North Carolina markets of Asheville, Greensboro, Raleigh and Wilmington and then head for South Carolina targets in Anderson, Charleston, Columbia and Greenville. Another ISP, locally-based NetUnlimited is also growing.
FORT LAUDERDALE, FL-Omni Equities Ltd. is reported to have purchased a 1.75-acre of land Downtown for about $9 million to develop a 42-story apartment or condominium tower. The seller owned the site for less than a year and flipped it for a $1 million profit.
CARROLLTON, TX-The Texas Hematology/Oncology Center is undertaking its sixth metroplex operation, breaking ground on a 22,000-sf outpatient diagnostic and treatment facility for adults. The facility is tentatively scheduled to open in early 2001.