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New Studio to Be Built Near Hollywood
May 15, 2008
The United States' largest independent movie studio, a $125 million facility, is slated to break ground in April, 2009, with a projected 18-month construction period, Commonwealth Studios has announced.
BNSF Railway Takes 198 Acres at Dallas Logistic Hub, May Buy 164 More
May 14, 2008
The Allen Group has announced the sale of 198 acres of land in the Dallas Logistics Hub to BNSF Railway Co., with the additional option agreement giving BNSF the right to purchase an additional 164 acres.
Busy Few Days for ProLogis with Development, Acquisition, Hiring News
May 14, 2008
The week is only half done and already ProLogis has announced plans for a 220,000-square-foot build-to-suit in Hungary, the purchase of 83 acres in Virginia, and the appointment of a new global executive.
CBRE Investors Closes $2.1B Real Estate Fund
May 14, 2008
CB Richard Ellis Investors has announced the closing of CB Richard Ellis Strategic Partners U.S. 5 to new investors.  Strategic Partners U.S. 5 consists of two limited partnerships, with raised equity commitments of $2.1 billion from institutional investors in the United States, Europe and the Middle East.
Quaker Signs 698,000 SF Lease near San Francisco
May 14, 2008
The Buzz Oates Group of Cos. recently negotiated a lease with Quaker Sales and Distribution Inc. for a 698,000-square-foot distribution facility at 1566 North MacArthur in Tracy, Calif, it has reported.
Rise in Oregon Vineyards Means Expansion for Wine Center
May 13, 2008 - Source: The Oregonian
The increase in the wine country's commercial facilities -- growing from 200 five years ago to more than 350 today -- has prompted a $3.5 million expansion for Oregon Wine Services and Storage.
85,000SF Lease Signed at Tech Campus in San Jose
May 13, 2008
SVTC Technologies has committed to 85,000 square feet at what will ultimately be the 1.3 million-square-foot Hellyer Oaks Technology complex in San Jose.
American Systems Signs Five-Year Lease at New 75,000SF Flex-Tech Building
May 13, 2008
A new business will join the tenant roster at Challenger South, Phase II, now that American Systems Corp. has committed to occupying nearly 6,400 square feet of space at the 75,000-square-foot flex/tech facility in Orlando's Central Florida Research Park.
Marzullo $52M Office, Industrial Fund Grabs First Philadelphia Property
May 12, 2008
The APCA Property Fund I, operated by Stamford, Conn.-based Ashforth Co. and Paradigm Capital Advisors of Boston, has acquired an 86,000-square-foot industrial building in Philadelphia, marking the $52 million fund’s first acquisition in the city.
Louisiana Beer Distributor Expands Westward
May 12, 2008 - Source: Arizona Republic
Crescent Crown Distributing sustained $18 million in damage after Hurricane Katrina, but its expansion into Arizona means that today it is poised to be the largest employer in the town of Surprise.
Sares Regis Takes California Industrial Facility, Plans Expansion
May 09, 2008
Sares Regis Group of Northern California has purchased Pinole Point Business Park in Richmond, Calif.
Procter & Gamble Leases 1.2MSF Suburban St. Louis Industrial Building
May 09, 2008
In an effort to fulfill its need for a large block of industrial space in the St. Louis area, Procter & Gamble has signed a lease that will expand an existing 580,000-square-foot distribution center into a 1.2 million -square-foot facility.
Survey Predicts Substantial Growth in Datacenters Over Next 12 Months 
May 09, 2008
In a new survey just released by Digital Realty Trust Inc., 86 percent of respondents, more than 300 senior IT decision-makers at Fortune 2000 companies, said their organizations will “definitely or probably” expand their datacenters in the coming 12 months. 
Alter Sells 2 Phoenix Industrial Properties for $41M
May 09, 2008
The Alter Group has sold two distribution buildings totaling 684,000 square feet at its 162-acre Buckeye Logistics Center in Phoenix.
DCT Industrial Sees Strong Leasing Activity in Memphis
May 09, 2008
DCT Industrial Trust Inc., a Denver-based industrial REIT, has signed more than 770,000 square feet of leases in Memphis, including two companies that expanded and a new client.
South Korea ProLogis Expands Presence in South Korea with $86M Portfolio Acquisition
May 09, 2008
Less than a month after announcing two build-to-suit agreements in South Korea, ProLogis Korea Property Fund has acquired approximately 889,000 square feet of industrial warehouse space there for $86.3 million.
Environmentalists OK Conservation Deal for California Development
May 08, 2008
After years of legal battles and negotiations, several major environmental groups and the Tejon Ranch Co. today announced they have reached an agreement that would preserve 90 percent of the 270,000-acre Tejon Ranch in California and enable development of a master-planned community, resort and industrial complex to continue.
14 Net Lease Properties Go for $123M
May 08, 2008
Net lease brokerage Stan Johnson Co. completed the sale of a 14 property portfolio, containing more than 900,000 square feet to Cole Cos. for $123 million, it has reported.
Ontario's Next Generation Jobs Fund Likely to Have Real Estate Impact
May 08, 2008
The government of Ontario is on the verge of awarding a new series of grants to local businesses, a move that promises to stimulate demand for certain kinds of real estate indirectly, particularly space suitable for high-tech research or manufacturing.
Orlando Sanford International Airport to Join Model Ports Initiative
May 08, 2008
Orlando Sanford International Airport is one of 20 gateway airports nationwide selected to join the U.S. Customs and Border Protection’s Model Ports Initiative, a joint venture that includes federal agencies, the travel industry, airlines and airport authorities.
zaragoza ProLogis to Develop 860,000SF Pre-Leased Distribution Facility in Spain
May 07, 2008
ProLogis has unveiled plans to develop and lease an 860,000-square-foot industrial facility in northern Spain to Bosch-Siemens Home Appliance.
AMB  Leases 126,000 SF in Chicago Development
May 07, 2008
AMB Property Corp. has announced it has leased approximately 126,000 square feet in a Chicago development to Ashley Furniture, an industry leading manufacturer of quality furniture products.
Duke, CBRE Realty Form $800M JV
May 06, 2008
Duke Realty Corp. and CB Richard Ellis Realty Trust have just entered into a partnership to which Duke will contribute as much as $800 million of new industrial projects over a three-year period.
Freedom Environmental Signs Contract for 20 Acre Parcel in San Diego
May 06, 2008
BMXP Holdings Inc. has been informed by Freedom Environmental Services (FES) that it has signed a contract to purchase a 20 acre land parcel in the Orlando area of Florida.
Jury awards $67 million in Florida Eminent Domain Case
May 06, 2008
In an eminent domain proceeding that began just after Florida tightened its eminent domain laws, a jury has awarded $67 million to Keystone Coal, according to Brigham Moore L.L.P., the law firm representing the firm.
 

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