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
Sun Microsystems Awards Facilities Management Contract
Network storage firm Sun Microsystems has awarded Cushman & Wakefield a three-year multimillion-dollar contract to provide facilities and cost management services for its 220 nationwide properties. Effective October 1, the contract comprises 11.2 million sf and will be serviced from San Francisco. Cushman, retained to save on expenses and provide tech upgrades to the campuses, will hire over 200 employees to handle the account. Services provided by Cushman include accounting, administration, call center management, energy management, engineering, and health and safety issues.
Cendant Mortgage Builds Mount Laurel Office
Cendant Mortgage is building a 175,000-sf office building in the Bishops Gate Business Center in Mount Laurel, N.J. Developed by Liberty Property Trust of Malvern,N.J., the facility is Cendant's third building in Bishops Gate and will accommodate 1,200 mortgage processing employees. The relocation is part of Cendant's overall plan for expansion. The building is slated for completion in January.
Wake Forest University School of Medicine Expands
The Wake Forest University School of Medicine is planning to expand its Piedmont Triad Research Park by 180 acres. The expansion would increase the four-building, 600-worker park to ten times its current size.
Scios Relocates to Fremont's Ardenwood Center
Scios Inc. is relocating to 200,000 sf in Fremont's Ardenwood Corporate Center from Sunnyvale, Calif. The move will begin in January 2003 and reach completion in September. The biotech's new two-building facility will house business operations, research, medical affairs, and, potentially, manufacturing. Scios, a developer of drugs for heart disease and inflammatory diseases, currently employs 450.
Indiana University Builds Childcare Center
Indiana University is building the Center for Young Children on its Indianapolis campus. The 24,000-gsf (17,087-asf) center is part of a Presidential initiative to improve availability of childcare on college campuses by investing in facilities. Accommodating a total of 240 part- and full-time children, the building will contain two modules with age-specific classrooms in each. The $3.4-million project was designed by CSO Architects.