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HANOVER TWP., NJ-Blanchard goes into the ground for another 150,000 sf of office space, replacing an aging office/warehouse complex the company built back in the 1950s. The property is adjacent to the Morristown Municipal Airport.
HOUSTON-The retail sector gets a significant boost, with Boyd Page Realty closing on 84,699 in leases. The new tenants are PetsMart, Old Navy, Ulta3 and Silver Spoon. The largest space taker in the leasing round is Old Navy.
HOUSTON-Kroger opens its latest Signature Store, a 63,373-sf location in the 130,000-sf Sterling Ridge Village. The grocer is one of three anchors in The Woodlands' fifth retail center, which is 90% leased.
LIVERMORE, CA-Calpine Corp. is proposing a natural gas plant near here that would supply electricity to more than one million homes in the East Bay and San Joaquin County. The company's proposal to build in San Jose was shot down last month.
CLERMONT, FL-The old 45-foot high limit is still in the code books but this Orlando bedroom community may find a technical exception now that the fire department's new ladders can reach 60-foot high structures.
BALTIMORE, MD-T. Rowe Price has signed a 29,564 sf lease expansion for the Baltimore Building for an undisclosed amount. This brings the 272,178 sf, 28-story office tower to 100% occupancy.
WASHINGTON, DC-A March 2 deadline for public comments has been imposed by the Federal Reserve Board for its proposal that, if adopted, would allow national bank subsidiaries to broker real estate transactions.
GREENWICH, CT-Urstadt Biddle Properties Inc., a retail REIT, reported a slight increase in funds from operations for fiscal year 2000 and a drop in net income due mainly to bankruptcy filings by some of its tenants.
SAN JUAN CAPISTRANO, CA-Local retailer of snowboards and skates is expanding with a new lease for a location at the Gotcha Glacier Project in Anaheim, which is scheduled for completion in 2002.