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JOLIET, IL-CenterPoint REIT execs say they are getting strong interest for the $1 billion Joliet Arsenal redevelopment, one of the nation's premier industrial projects. The COO says the trust is in negotiations to locate a large power plant at the 2,242-acre site, while up to four million-sf of industrial space are also in serious negotiation.
ORLANDO-Greg Hughes' Chesapeake Logistics Inc. of Tampa, FL is paying $31 million for the assets of 500,000-sf Mid-Florida Freezer Warehouses Ltd. in Port Canaveral, 60 miles east of Downtown. Mid-Florida Freezer officials concealed from Federal inspectors and later sold contaminated drums of fruit juice over a 30-year period, the government charged.
SAN JOSE, CA-With software giant Cisco Systems' proposed North Coyote Valley campus coming closer to reality, area landowners foresee future activity on their own properties.
ORLANDO-The firm is leasing 50,000-sf in south Orlando to compete with Level 3 Communications Inc. and other Web hosts which already have set up area locations.
DENVER-In an expansion into seven markets, the Los Angeles-based House of Blues is heading to Denver. Also being ticketed for new blues houses are Dallas, San Diego, San Jose, CA., Anaheim, CA., Austin and Kansas City, MO.