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CHICAGO-"Make your voice heard to those who say we're not going to make a change," Cook County assessor James Houlihan told the Chicago Association of Realtors' Commercial Forum and CCIM. His $6-billion plan would shift the burden from property taxes to income and sales taxes.
BLUE BELL, PA-The global provider of market intelligence to the pharmaceutical industry expands to 75,755 sf in two of the three class A buildings at 960 Harvest Dr. here. REIT Management & Research owns the buildings, designed by Lynch Martinez Architects.
HOUSTON-Southwest Credit Card Services looks around the Westchase submarket and then signs for 8,816 sf at its address of the last five years, Woodchase Building I. The firm, which occupies 2,200 sf, is building out the contiguous space.
PALM HARBOR, FL-The Orlando-based affiliate of CNL Financial Group Inc. pays Senior Lifestyle Balmoral LP $123,232 per unit for the 99-unit Balmoral Assisted Living Community here. The acquisition brings the firm's portfolio to 74 properties in 26 states.
TAMPA, FL-It was only a $500,000 deal in a 29,915-sf building for 5,607 sf, but Colliers Arnold broker James Stuckey had to negotiate with two separate owners to get the transaction completed.
FORT LAUDERDALE, FL-Kimley-Horn Associates Inc. leased 8,434 sf, Switch Gate International LLC leased 3,095 sf and Atlantic Pioneer Mortgage leased 2,338 sf of office space at Lakeshore Business Plaza in deals ranging from 38 to 48 months.
SUPERIOR TOWNSHIP, MI-Hyundai will build a $117 million, 168,000-sf technical center near Ann Arbor. The project will create 85 jobs within the first year and a total of 751 new jobs by 2024, including 400 directly by the company, according to the state.
DEARBORN, MI-CNL, a Florida-based hospitality company, has acquired a majority interest in the 772-room Hyatt Dearborn here in a partnership with Ford Motor Land Development Corporation, in addition to a New York City property.