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ORANGE COUNTY, CA-Private developer Tim Strader Sr. and his partners win the planning commission's approval to build a 10-story office tower in Newport Beach. Under a new law, the project now also needs to win a public vote.
LONDON-The UK's key regional office markets are now increasingly short of prime space. With little new space coming to market over the next year, rents are expected to rise, according to a DTZ report.
SAN ANTONIO-The Walsh, Anderson, Brown, Schulze & Aldridge firm is moving into an 8,655-sf spot in the premier 298,2890-sf One International Centre. The specialty law firm also has offices in Austin and Irving, TX.
NEW YORK CITY-The first commercial real estate property to house its own onsite, privately-owned, co-generation facility will go up on the block between 57th and 58th Streets and 11th and 12th Avenues in Manhattan.
CHULA VISTA, CA-The Booming Otay Ranch area is getting another educational facility as district officials prepare to break the seal on the 60,000-sf Heritage Elementary School. The school includes nine single-story buildings and is slated for completion this month.
SAN DIEGO-A biotech research company is getting ready to move into two buildings totaling 97,500 sf later this year at Eastgate Pointe in the University Towne Centre area.
PALO ALTO-The senior-living affiliate of Hyatt Corp. plans to develop a continuing-care retirement community on 22.4 acres adjacent to the university campus.
FRAMINGHAM, MA-Genzyme Corp., a biotechnology and health care products company, plans to develop a 300,000-sf manufacturing plant here next to the company's existing campus. The plant is part of a company strategy to increase its manufacturing capacity.
HOUSTON-Myers & Crow is gearing up to break ground on two more buildings at its NorthBelt Office Center. The Dallas-based developer has bought about 10 acres for two more buildings, totaling 106,050 sf.
WOODBRIDGE, NJ-ShopRite will move from its existing 47,000-sf space into the former Caldor space at the 317,000-sf property, which is currently being retrofitted by Levin Management Corp.