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MIAMI-The 8,500-sf lease is estimated to be worth about $2.72 million. Espirito Santo Plaza, the 35-story, class A office tower, condominium and luxury hotel under development here, is planning a December occupancy.
DOUGLASVILLE-Willoughby & Sewell Development Co. has filed plans for Gateway Village, a 250-home subdivision that would include 22 acres of commercial on a 102-acre tract on the southwest corner of GA 92 and Maroney Mill Road, about 10 miles west of Downtown Atlanta.
MOUNTAIN VIEW, CA-KBS Realty Advisors acquires this city's tallest Downtown office building on behalf of the Illinois Teachers Retirement Trust. The 12-story building was 87% leased at the time of sale.
NEW YORK CITY-Numerous executives from the real estate industry's most prominent names outlined their companies' business strategies during the RealShare New York conference at the Roosevelt Hotel.
MANSFIELD, MA-A public pension fund sells the 190,000-sf Mansfield Corporate Center to HRPT Properties Trust. The deal comes on the heels of HRPT's purchase of the Campus at Cabot Business Park.
STAFFORD, TX-A Houston investor undertakes a repositioning of a soon-to-be-empty 52,600-sf manufacturing building at 10635 Brighton Lane. The 6.5-acre sale closes the books on a year-old listing.
LOS ANGELES-Harrows Inc., a Huntington Beach-based bakery, has leased approximately 71,794 sf of industrial space in two separate buildings owned by Prentiss Properties, the Dallas-based real estate investment trust, according to PM Realty Group.
FRANKLIN, MA-In a deal that the broker involved says demonstrates the strength of multifamily market in the Route 495 area, Dunphy Management buys Union Square Apartments for $7 million from Sawyer Realty Holdings LLC.
LONDON-The Bracknell Regeneration Partnership, recently formed by Legal & General and Schroders Exempt Property Unit Trust, has commissioned Lord Rogers to masterplan its pounds 500 million ($800 million) redevelopment of Bracknell Town Centre in Berkshire.
BOSTON-Two companies sign leases that fill up 45,387 sf of space at 75 State St. Harbor Capital Management is leasing 24,359 sf while Parthenon Capital is leasing 21,028 sf.