Industrial

NEW YORK CITY-After a 90-day RFP period, five bidders submit proposals to be evaluated by MTA staff and Hudson Yards Development Corp.

NEWARK-Summit Associates will break ground in 2008 for the new development on a 42-acre site recently acquired from Coca-Cola.

SEATTLE-Jim Claeys, a former top multifamily producer with CB Richard Ellis, is running the local operation and will direct the expansion south into the Portland.

WILLIAMSPORT, MD-A long-term leased signed by Rust-Oleum will continue to add value to the building as the company is likely to expand.

TORONTO-The transaction is among the largest industrial leases to be struck in Ontario this year.

COPPELL, TX-With Welton USA's nod as a firing pin, Duke starts its second warehouse this year in Point West. The mega-lease is the park's second big catch in one month.

CHICAGO-DLA Piper's survey found 63% have had transactions delayed or canceled and nearly 49% have had lenders change loan terms before closing.

EDISON, NJ-The acquisition of the New Durham Industrial Center boosts the company's New Jersey/New York area holdings to 12.3 million sf.