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MINNEAPOLIS-Continuing its disposition of US assets, KanAm Group taps a New York brokerage firm to find a buyer for the 690,000-sf five-year-old building acquired by its public US fund six months ago for $282 per sf, a record high for the Minneapolis area.
MIAMI-Edgar Jones, who has headed the New York City-based company's Miami office since it opened in 2001, is named VP and Florida regional development officer. A regional director and senior construction manager join the staff.
MIAMI-Edgar Jones, who has headed the New York City-based company's Miami office since it opened in 2001, is named VP and Florida regional development officer. A regional director and senior construction manager join the staff.
BRIDGEWATER, NJ-The Atlanta-based REIT now owns both buildings comprising the four-year-old Bridgewater Crossing business campus, originally built by Hines. Sanofi-aventis occupies more than half of the building just acquired. Sources puit the price at near to $80 million.
BRIDGEWATER, NJ-The Atlanta-based REIT now owns both buildings comprising the four-year-old Bridgewater Crossing business campus, originally built by Hines. Sanofi-aventis occupies more than half of the building just acquired. Sources puit the price at near to $80 million.
MUNICH-O2 plc, which owns mobile network operators in the UK, Germany and Ireland, leases Hines' 538,000 sf, 38-story Uptown Munchen office tower and 269,000 sf in three of four seven-story buildings that comprise the rest of the Uptown Munchen development.
CHICAGO-Not only will the law firm celebrate its centennial in 2013, it will mark 100 years in the Harris Bank building at 111 W. Monroe St., having signed a 10-year renewal. Although terms were not disclosed, asking net lease rates for 270,000 sf at 115 S. LaSalle St. start at $14 per sf.
GRAND PRAIRIE, TX-Able's Limousine Service follows through on the plan to acquire a Shady Grove Road building that it took in as-is condition after one of its metroplex office locations burned. The one-year listing brings close to the $675,000 ask.
SEATTLE-Hines' Sumisei US Core Office Fund acquires the 287,000-sf, 20-story office building from a partnership involving Irving, TX-based Archon Group LP. The building is approximately 80% leased.
SEATTLE-Hines' Sumisei US Core Office Fund acquires the 287,000-sf, 20-story office building from a partnership involving Irving, TX-based Archon Group LP. The building is approximately 80% leased.