Industrial

HONG KONG-The firm hires three executives for corporate, investment and project management divisions in a multi-pronged bid to become the country's market leader.

ONTARIO, CA-The distributor of shipping, industrial and packing materials inks a 10-year lease at Majestic Airport Center.

DALLAS-Lufthansa will make twice weekly direct flights to Mexico City and add one more to Frankfurt, a marketing boon for the 2.2 million sf of industrial going up on airport land.

MILWAUKEE-The investment bought the property as its 13th acquisition for its $200 million Third Industrial Fund.

GENEVA, IL-Houghton Mifflin occupies the entire 513,512-sf building in a sale-leaseback to Inland, which plans more than 430 similar deals in the future.

HOUSTON-Bray International signs a 10-year lease to become the first tenant in Westland I, a 262,800-sf spec warehouse in Duke's Westland Business Park.

LAS VEGAS-Experts from Rreef, Developers Diversified Realty and Banc of America Securities talk about the subprime meltdown, whether or not a recession looms and who's bullish on what property types.

LONGMONT, CO-The three-year loan from GE Real Estate takes out existing debt on the portfolio and provides capital for tenant improvements.