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.
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Austin neighborhoods on the city's far South and West Sides are getting two-story, 43,000-sf police stations to replace outdated facilities.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.
DENVER-Radian Communication Services Corp. takes 16,804 sf at the Equitable Distribution Center while Applied Industrial Technologies takes an additional 14,651 sf at 5500 Havana St., next to 42,504 sf it occupies.