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ATLANTA-The Houston-based firm recruits Casey Powell, previously with Jones Lang LaSalle Americas, as vice president of leasing services in the Southeast. Jon Kleinberg, formerly of Insignia/ESG, and Kevin Markwordt, formerly of Richard Bowers & Co. are investment sales vice presidents.
DENVER-The company paid $19 million for the 210-unit luxury apartment community in the Denver Tech Center. The purchase price is 12% less than the approximately $22 million it is valued at for tax purposes.
ST. PAUL, MN-The completion of the sale means Pak Properties, which is investing $7 million to renovate the building, will start selling the condominiums. Lowertown artists mostly occupy the building, originally built for the manufacture of boots for World War I.
IRVING, TX-The Dallas Cowboys merchandising business has settled into 18,240 sf of extra storage space near its main hub in Irving while Denitech, which sells and repairs copiers, is moving into 11,286 sf in nearby Las Colinas.
PHOENIX-Ashley Brooks Jr. and Keith Lambeth are accorded senior vice president titles while Charles Miscio is named vice president and James Bayless, senior associate. The four will continue to ply their specialty, office market leasing and sales.
NORTH MIAMI BEACH, FL-The large shopping center REIT based here has declared a quarterly dividend of 28 cents a share, up 3.7% from the previous quarterly dividend of 27 cents.
WALTHAM, MA-Oasis Semiconductor leases 30,000 sf at Waltham Weston Corporate Center. The company, which relocated to the 300,000 sf, six-story, office building last year, is nearly quadrupling its space in the building.
FARMINGTON HILLS, MI-GECOM, an automotive supplier, is expanding into 12,012 sf of space leased by Grubb & Ellis. The company said it uses the Farmington Hills office as an "antenna for detecting various industry trends and interfaces with users.
PHILADELPHIA-A local private partnership pays approximately $66,154 a unit for the portfolio of properties, all near Rittenhouse Square, that includes 65 studio and one-bedroom, fully rented apartments.