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HOUSTON-Overseas Trading Inc., an importer and exporter of used and recycled goods, re-ups for the medium term at 1800 South Street, a 21-year-old warehouse that it's occupied for the last three years.
DEERFIELD BEACH, FL-The international airline parts distributor plans to use the space at Quorum Business Center here for an additional distribution location. The five-year lease is worth an estimated $913,275.
PATTAYA, THAILAND-Amburaya Resorts Co. Ltd. selects Starwood Hotels & Resorts Worldwide Inc. to manage a 156-room resort scheduled to open in October 2004 in Pattaya, 90 minutes southeast of Bangkok International Airport.
CHICAGO-The idle 32,000-sf Western Chain Co. at Belmont Avenue and Honore Street is being sold to New Haven Homes, which plans to build 14 townhouses and seven single-family homes on the one-acre site.
BASKING RIDGE, NJ-Barnes & Noble College Bookstores will move its home base from New York City to a new, 133,738-sf Gale-owned building in this Somerset County community.
RIVIERA BEACH, FL-The two-building, class A flex distribution property here was built in 1985 and 1987 and totals 145,800 sf. The loan, with a 75% loan-to-value ratio and pricing based on the 10-year Treasury rate, was originated by Les Goldberg of Cohen Financial.
SEATTLE-City Center Retail LLC acquires The Meridian, a retail and entertainment complex that includes Niketown, Loews Cineplex, Levi's and Sega Gameworks. The property has been on the market for the past two years. The seller was Rosche Meridian Corp.
WINTER HAVEN, FL-Gov. Jeb Bush and his cabinet place the shuttered, 67-year-old, 230-acre outdoor water-themed attraction on the Florida Forever projects list--but The Trust for Public Land of Washington, DC beats two private developers to the draw by secretly contracting to buy 107 acres of the 176-acre park for an estimated $8 million from the owner, First Gardens LC.
PLANO, TX-The former American Pad & Paper building at 10231 Plano Rd. sells to Hamps Supply, which gets a new address along with a tenant for two-thirds of the building through 2006.
WEST CHESTER, PA-Berwind Property Group picks up a 105,000-sf vacant industrial building for $7.2 million. In an unrelated transaction, an Infiniti auto dealer pays $6 million for a 32,306-sf former Mercedes-Benz location.