Industry News

North Carolina State University has awarded Shelco Inc. the $17-million contract to construct the 80,000-sf Partners Building III. Located on the Centennial Campus, the three-story building will house offices for the College of Agricultural & Life Sciences and the College of Physical & Mathematical Sciences. The project includes an adjacent 630-car parking deck.

Clear Channel Communications has leased 95,000 sf in The Pinnacle, a 235,000-sf, six-story, 4.4-acre office complex in Burbank, Calif. Clear Channel, based in San Antonio, will locate its eight Los Angeles-area radio stations in the facility.

Sanford manufacturer MeikleEMS is building a 25,000-sf facility in Sanford for the production of automated assembly and test systems. The new building will allow the company to triple its existing workforce. MeikleEMS is a division of Meikle Automation of Kitchener, Canada, created after the acquisition of Electro-Mechanical Specialties of Sanford in spring 2002.

Johnston Memorial Hospital is redeveloping a former Burlington Industries textile mill in Smithfield as a medical mall. Sited on 15 acres adjacent to the hospital, the 240,000-sf property will feature a 27,000-sf wellness center with two indoor pools and a cyber-cafe. The $13.5-million project will also include physician offices and an auditorium. The original building was constructed in approximately 1912.

Federal IT and security contractor NCI Information Systems has relocated its corporate headquarters from Tysons Corner to Reston, Va. The company leased 76,716 sf of office space at Plaza America, a 1.2 million-sf development that is nearly 50% leased by government-related tenants. NCI relocated to accommodate growth and increase customer and employee convenience.