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HOUSTON-Alamo Cement Co., touted as the oldest producer west of the Mississippi, is venturing into Houston, buying ship channel land for a dock and storage area for importing cement. The terminal will take a year to build.
BOCA RATON, FL-Boca Raton Florida Investment LP bought the building from Boca II Associates Ltd. The all-cash sale, which translates to $260 per sf, sets a record for South Florida multi-tenant buildings exceeding 100,000 sf, according to a broker involved.
SEATTLE-A significant part of the expansion involves the appointment of three employees, Daniel Raffe, Eric Anderson and Craig Torrence, to positions as vice presidents. In addition, GE is increasing its sale-leaseback funding, in a vote of confidence for this two-year-old program.
PLEASANT PRAIRIE, WI-Yamaha Motor Corp., USA leases a flex building that had been a spec project. The $9M deal allows the company to join Volkswagen of America, Inc. in LakeView Corporate Park.
DALLAS-Cushman & Wakefield of Texas says there are a few bright spots in the 2002 recap even though the office market has 40 million sf sitting empty. Going forward, it's not all overcast and looking back, it wasn't all pain across the board.
NEW YORK CITY-The massive facilities-management contract stretches over two of the publisher's offices--its 1271 Ave. of the Americas HQ and its Sports Illustrated space at 135 W. 50th St.
CHICAGO-The American Dietetic Association signs a 15-year lease for 36,000 sf, an entire floor at Trizec Properties, Inc.'s 120 S. Riverside Dr., as it exits 216 W. Jackson Blvd.
ARLINGTON, VA-Developers of One Liberty Center are now in receipt of a financing package for the amount of $76.6 million. The 315,000-sf office building is just one phase of a multi-faceted project that will result in the 1 million-sf mixed-use development Liberty Center.
ARLINGTON, VA-Developers of One Liberty Center are now in receipt of a financing package for the amount of $76.6 million. The 315,000-sf office building is just one phase of a multi-faceted project that will result in the 1 million-sf mixed-use development Liberty Center.
PHOENIX-The 483,745-sf CBD property commanded more than $23.6 million above the second-ranked building in the top sales for metro Phoenix. Parkway Properties of Jackson, MS holds the deed.