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PARK CITY, UT-Olympus Real Estate Partners signs up Gemstone Resorts International for resort holdings in Vermont, Florida, New Mexico, Washington and California. The Utah firm also will be helping to grow the Rockresort brand.
SUGAR LAND, TX-A $21-million asset disposition has one property sold, two under contract and talks under way for several others. Katmor Realty Two Ltd. buys the largest Sugar Land tract and starts gaming out a residential project.
SCOTTSDALE, AZ-A long-term lease is signed for an extra 2,000 sf at Scottsdale Centre in the city's northern tier. San Diego Golf Academy is positioning itself for growth, but will be using one location instead of two.
TUCSON-With a market of just 12.2 million sf, the Tucson office market still manages to close two significant sales in the last six months. Market watchers say it's a signal that Tucson's on its way to becoming an investors' destination spot.
HOUSTON-Camden Property Trust, like its peers, came through the first quarter with little, if any, gains. And like many in the industry, it too has revised guidance amid a projection for an overall NOI decline as the year continues.
HOUSTON-Colliers International's Top 10 Trends aren't all at work in the Houston space race. A local vice president takes a point-by-point look at the Houston market in relationship to the corporate findings.
HOUSTON-David Stukalin goes from executive vice president to president for Dallas-based Weitzman's Houston office after five years in the business. He says another executive hire is in the works as well as more brokers.
SCOTTSDALE, AZ-The bank picks Scottsdale's Forum for its second metro branch, a leased spot formerly used as a jewelry store and bank branch. The lease is valued at $2.2 million for the 9,000 sf space.
HOUSTON-Tenants Devon Energy and Thompson & Knight shuffle their space requirements at the 3.2-million-sf Allen Center in Houston's CBD. Devon adds 43,960 sf while the law firm changes buildings to get 72,000 sf.
PHOENIX-Cliff Denton steps in as a director at CB Richard Ellis' Phoenix office. He was director of leasing and disposition at Phoenix-based Starwood Western Capital. In his career, he has concluded $190 million in sales.