Tradeline, Inc. filters and categorizes new-construction and industry news from regional and professional journals across the country. Here you will find new projects, products, and regulatory updates.
Industry News
Clear Channel Leases Burbank Facilities
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.
MeikleEMS Constructs Manufacturing 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 Builds Smithfield Medical Mall
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.
MIT Constructs Institute for Soldier Nanotechnologies
The Massachusetts Institute of Technology (MIT) is constructing the Institute of Soldier Nanotechnologies on its Cambridge campus. The facility is funded by a $50-million grant from the U.S. Army.
Pepsi Plans Canton Distribution Center
The Pepsi Bottling Group is planning to build a 58,000-sf distribution center in the Canton Commerce Center in Canton, Mass. Pepsi plans to relocate its operations to the new facility in fall 2003 from its Allston location, where it has leased space from Harvard University for 47 years.