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ProLogis Leases 120,000 SF to CommScope near Reno
ProLogis has leased 120,000 square feet of recently completed industrial space near Reno, Nev., to CommScope.
don and bryan As Phoenix Light Rail Debuts, Will T.O.D. Get on Track?
Phoenix's $1.4 billion, 20-mile light rail system carried its first passengers on Dec. 27th, and real estate professionals believe that development opportunities around the line’s 20 stations are significant; Valley Metro, which operates the system, projects the system will initially carry 26,000 passengers a day.
Port of Houston Planning $283M in Projects
With more than $283 million in construction planned, the Port Commission of the Port of Houston Authority is working to assure Houston’s emergence as the nation’s busiest port is met with cutting edge facilities.
Dallas OKs First TIF District Focused on Multi-Station Transit Development
Millions of square feet of mixed-use development could be built near Dallas’ light rail stations in the future as part of the city’s first Tax Increment Financing district that links multiple stations and covers nearly 600 acres.
GVA Opens First Southwest Office in Austin
GVA Advantis has opened its first Southwest office in Austin, Texas. The new location will serve as the headquarters of the firm’s newly formed land services group.
Fred Mondragon Signet Solar to Build $840M Plant in New Mexico
Signet Solar Inc., a manufacturer of thin film silicon photovoltaic modules based in Menlo Park, Calif., plans to build an $840 million manufacturing facility in Belen, N.M., about 30 minutes south of Albuquerque.
ProLogis Announces Leases in Japan, Nevada
ProLogis has pre-leased approximately 190,000 square feet near Tokyo to Arata Co., a wholesale distributor and third-party logistics provider
Ruffin to Pay $775M for Vegas Strip's Treasure Island
MGM Mirage has agreed, through its wholly owned subsidiary The Mirage Casino-Hotel, to sell the Treasure Island Hotel & Casino on the Las Vegas strip to Wichita-based Ruffin Acquisition L.L.C. for $775 million.
Delores Conway Report Sees Gloomy 2009 for SoCal CRE
Business closures and slowing trade will negatively affect the office and industrial sectors well into 2009 in Southern California, according to a report released today by the Casden Forecast at the University of Southern California Lusk Center for Real Estate.
Intercontinental Buys Tucson Industrial Portfolio for $46M
Intercontinental Real Estate Corp. purchased a 606,027-square-foot industrial/R&D portfolio located in Tucson, Ariz., from a joint venture of the Muller Co. and GE Real Estate for $46 million. The transaction is the largest investment sale completed in Tucson so far this year.
 
Dallas
Dallas OKs First TIF District Focused on Multi-Station Transit Development
Millions of square feet of mixed-use development could be built near Dallas’ light rail stations in the future as part of the city’s first Tax Increment Financing district that links multiple stations and covers nearly 600 acres.
 
Houston
Port of Houston Planning $283M in Projects
With more than $283 million in construction planned, the Port Commission of the Port of Houston Authority is working to assure Houston’s emergence as the nation’s busiest port is met with cutting edge facilities.
 
Phoenix
don and bryan As Phoenix Light Rail Debuts, Will T.O.D. Get on Track?
Phoenix's $1.4 billion, 20-mile light rail system carried its first passengers on Dec. 27th, and real estate professionals believe that development opportunities around the line’s 20 stations are significant; Valley Metro, which operates the system, projects the system will initially carry 26,000 passengers a day.
Sperry Van Ness Adds Two Brokers
Sperry Van Ness Real Estate Services L.L.C. has expanded its expertise in the Phoenix brokerage market and has hired Barbara McKenney as senior advisor and Heather Cheney as an advisor.
 

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