Premier Industrial commercial real estate news, analysis, trends and information including warehouse, distribution, logistics, e-commerce, self storage and R&D space deals and players.
ATLANTA-Masterfoods USA of Cleveland, TN, a division of Hackettstown, NJ-based Mars Inc., is adding a new line, Cookies And, to its brand of chocolates. No major building construction was involved in the expansion of the Tennessee plant.
CHICAGO-The Morgan Park and Austin neighborhoods on the city's far South and West Sides are getting two-story, 43,000-sf police stations to replace outdated facilities. Their arrival also is expected to spur new retail development, especially in Austin.
SHAKOPEE, MN-RSP Architects designs the childcare center at 1308 Greenwood Ct., and REDI Construction is the general contractor for the facility, the Portland-based firm's 39th in Minnesota, that can handle 179 children.
SEATTLE- Demolition permits for Sound Transit's 27-acre operation and maintenance center have been approved by city officials, Mayor Greg Nickels said today.
PHOENIX-A Pontiac dealership targets 12,600 sf at Mesa's Superstitions Springs Commerce Center II while an electrical parts distributor lines up 8,025 sf at Pinnacle Peak Commerceplex in Phoenix.
OLMPIA, WA-Port of Olympia Commissioners gave a thumbs up this week to constructing the Port Plaza near Percival Landing. The controversial idea has been bouncing around the community for nearly a decade.
GRAND PRAIRIE, TX-An affiliate of Americo Real Estate of Dallas has borrowed $6.1 million to buy one of two Post Properties' holdings sold this month in the metroplex. NorthMarq Capital's Dallas office arranges a three-year floating rate mortgage.
GOLDEN, CO-Brokers Tom Wanberg and Chad Brue develop the 12,000-image "Magic Carpet Ride" as a Web-based marketing tool to sell an 85,000-sf beer distribution center in an area known as the Mousetrap.
MIAMI-The locally based telecommunications management and real estate company lost $33.9 million in the first nine months of 2001 compared to a loss of $32.2 million in the same 2000 period. Third-quarter Data Center revenue is up 72% to $700,000 from $400,000 in the same 2000 period.
CHARLOTTE-The Philadelphia-based pharmaceutical company is adding a 150,000-sf laboratory and manufacturing arm at its 215-acre Sanford, NC campus, 80 miles east of Downtown Charlotte.