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CHANDLER, AZ-The Fort Worth-based firm says the 150,000-sf Chandler center will be the largest in its network. Bids are now being evaluated, but the project most likely will cost upward of $20 million.
CHATSWORTH, CA-The company will move from an 8,500-sf building it owns in Glendale, Calif. to a two-story, 34,000-sf multi-tenant industrial building here on Topanga Canyon Boulevard.
LOS ANGELES-Beacon Capital Partners buys the 55-story skyscraper in Downtown Los Angeles, which was on the market for some time by Metropolitan Life Insurance Co. The skyscraper, built in 1974, is more than 90% occupied.
NEW YORK CITY-Can you imagine 3-D without the goofy glasses? Professional competitors Mary Ann Tighe and Tom Falus can. They're both part of an 11-person investment group fueling the growth of San Francisco-based Screampoint LLC.
HOUSTON-Yetter & Warden is staying in the CBD, but shifting its office from 600 Travis St. to Two Houston Center at 909 Fannin. One report puts the Houston market at nearly 4.4 million sf of "leased but empty office space.
SANTA FE SPRINGS, CA-A Newport Beach, Calif.-based partnership that includes AEW Capital Management buys the 457,521-sf combination industrial and office park from Town Center Associates.
MIAMI-Lend Lease US Office Trust of Sydney and Munich syndicator KanAm paid Shorenstein Co. of San Francisco $270 million or $234.78 per sf for the 18-year-old, two-building, 55-story office structure, the tallest in Florida at 764 feet. The building has 1.15 million rentable sf.
NEW YORK CITY-David Hollander ends his eight-year stint at Insignia to accept a senior director position at rival C&W. Cushman's Bruce Mosler says the firm's latest addition brings "superstar talent" that will ensure C&W's long-term success.
LOS ANGELES, CA-Mid-Wilshire's biggest office landlord, Dr. David Lee, acquires his first Downtown property here with the purchase of the 150,000-sf Banco Popular building.
TEMPE, AZ-Cytec Fiberite, working through Insignia/ESG's co-investment group, strikes a deal for a 45,238-sf building in Arizona State University's Research Park. The deal has an option for an abutting 88,474-sf structure.