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VANCOUVER, WA-A Seattle startup involved in photonics, the science of manipulating and harnessing light, is planning a manufacturing plant here that could employ 1,000 workers within five years
SPOKANE, WA-Cougar Property Holdings acquires property north and south of the campus, and is working on the purchase of two more south-side parcels; it will hold the properties until the Pullman-based university needs them to expand
HOUSTON-One BriarLake Plaza, a 500,000-sf office tower that was completed this spring, has reported strong leasing activity with a number of technology firms taking space in the building. The interest is sparking talk about breaking ground next year on two more buildings.
MINNEAPOLIS- Minneapolis-based lender succeeds where behemoth Bank of America and others have failed. Bank eyeing branch expansions in Detroit food marts next.
PURCHASE, NY-The 15,000-sf center, a joint effort between the college and Long Island University, is being underwritten by LIU. Both schools will share the space but operate independently.
KANSAS CITY, MO- Grants approved for construction of a new facility for Kidney Institute at the University of Kansas Medical Center in Kansas City, Kan. Architects being sought.
DALLAS-Prentiss Properties Trust is paying $63.3 million for an Oakland, CA, office and development site, action that closely follows a a planned disposition of the REIT's final holdings in Houston and Dallas. The move is not an indication that the Dallas-based REIT, set to be acquired in November by NJ-based Mack-Cali, is reducing its TX presence.
ORANGE COUNTY, CA-The pension fund advisor's bid bested more than a dozen competing offers for the fully leased, 289,000-sf office complex in hot Airport Area submarket.
TAVARES, FL-Nextel Communications isn't backing away but is considering a shorter cellular phone tower at the same controversial site near an auto dealer's property in Eustis, FL, about 35 miles northwest of Downtown Orlando.