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
Overland Data Builds New San Diego Facility
Overland Data Inc. broke ground in March 2001 at the San Diego Spectrum development for a new 158,000-sf building to accommodate production, engineering, operations, marketing and sales for the company. Completion is anticipated in spring 2002. Overland Data manufactures automated tape backup equipment for computer systems.
Pacific Bell Opens Irvine Data Center
Pacific Bell, a subsidiary of Texas-based SBC, has opened a new $50 million, 135,000-sf data center in Irvine. The facility is designed to provide data services, such as Web hosting, collocation, IT infrastructure protection, and improved systems reliability to businesses who want to outsource those functions. SBC established a data center in Dallas recently, and is considering sites in northern California for a similar facility.
Medarex Opens Greenwich Research Center
Medarex Inc., based in Princeton, Pa., has opened a new center for antibody development in Greenwich. The center features labs for research and development, a pilot plant, and facilities for future manufactuiring. Several phases of expansion are planned over the next two years, with construction completed in late 2002. At build-out, the facility will accommodate 200 employees. The expansion will support the company's R&D in the field of cancer and arthritis treatments, as well as provide for future large-scale manufacturing of monoclonal antibodies.
Trellis Photonics Plans Manufacturing Facility
Trellis Photonics, based in Israel, has plans for a 60,000-sf manufacturing facility at the Columbia Gateway Business Park. The $18 million building will accommodate the fiber-optics firm's research, administration, and manufacturing operations. The company's $25 million, five-year growth plan includes a staff increase from the present 150 employees to 350.
New Telecom Center Opens in Atlanta
The Atlanta Telecom Center, a multimillion-dollar project of Montreal-based Yale GSG Lee Real Estate Ltd., has opened in Atlanta's West End. Yale Provided site selection, financing, design, and engineering to convert the former Alterman Foods Inc. warehouse to a telecom hotel. Upgrades include a new roof, multiple fiber entrances to the structure, and distribution throughout the building of that fiber. Nearby fiber-optic trunk lines have attracted telecommunications companies to the area.