Industrial

DALLAS-Southwest Bindery signs the deal with EastGroup Properties as a result of "aggressive" negotiations that end in a 10-year contract. The inbound tenant exits 40,000 sf for the expansion move and state-of-the-art equipment.

CYPRESS, CA-The manufacturing company inks a 62-month lease for industrial space at 6185 Phyllis Dr. The new tenant is joining current occupants Foxconn and GTECH in the facility.

PALM BEACH GARDENS, FL-Prison REIT Correctional Properties Trust files a universal shelf registration with the Securities and Exchange Commission. The registration statement allows the company to offer $250 million of its common stock, debt securities and warrants.

VALHALLA, NY-Westchester County government held an informational session nearby its one million-square-foot proposed biomedical research park on the Grasslands campus that attracted a host of commercial real estate development and health care firms.

AUSTIN-Now, proponents and opponents must wait until May 23 to see if a master plan for a closed power plant gets a city OK. San Francisco-based Roma Design Group is pushing a plan for a community center to re-energize that section of town.

OAKLAND, CA-OBRA, the company converting the former Oakland Army Base in Oakland for commercial use, subleases two warehouse spaces to Bay Area companies.

PRINCE WILLIAM COUNTY, VA-Pharmaceutical manufacturer Eli Lilly and Co. will build its newest insulin manufacturing plant in the County's Innovation @ Prince William office Park. Upon its estimated completion in 2007, the plant will house more than 700 employees.

OXNARD, CA-AstroCosmos Metallurgical has signed a 10-year lease valued at $3.9 million. The company will be expanding its headquarters into a 70,000-sf facility here.