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OAK BROOK, IL-Four city and suburban retail centers sell for the full asking prices of nearly $21 million combined in separate deals involving Inland Real Estate Sales brokers.
BALTIMORE-A hotel to complement the Baltimore Convention Center is looking more like a reality with the Baltimore Development Corp.'s selection of RLJ Development LLC/Quadrangle Development Corp. to build a 750-room Hilton.
PORTAGE, MI-Stryker Corp. is nearing completion of a $6.1 million expansion and equipment upgrade at its operations here. The 30,000-sf expansion of the building is valued at $3 million.
KIRKLAND, WA-A separate account client of Morristown, NJ-based SSR Realty's Multi-Housing business unit acquires the 161-unit property from an affiliate of SECO Development Inc. The sale price was $31 million.
BURBANK, CA-Overall building declines in the state, but the private commercial construction sector increases from the previous month, according to the Construction Industry Research Board.
LONDON-A consortium led by Morgan Stanley looks to have won the first stage of the bidding race at Canary Wharf. But its 255p per share offer may not be enough to win over Canary Wharf's founder Paul Reichmann.
LITTLETON, CO-A $14 million permanent, fixed-rate loan has been arranged for the acquisition of Southwest Place Towers. Built in 1973, the building totals 389,000 sf of rentable space.
CONSHOHOCKEN, PA-In light of an overall office vacancy of 29.1% and negative third-quarter absorption in class A buildings here, tenants can ink leases for $26 per sf, about $3 per sf below asking rates.
NEW YORK CITY-An investment and banking concern, displaced by the Sept. 11, 2001 terrorist attacks, has inked a 13-year deal for an additional 51,000 sf in the Midtown property.