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NEEDHAM, MA-Appraisals Unlimited buys a 6,500-sf building at 18 Crawford St. for $750,000. The company bought the building from NACM New England Inc. in an effort to expand its operations.
ARVADA, CO-Maureen Phair will be the project manager for AURA's proposed Ralston Fields Urban Renewal project, a large public-private partnership planned here.
ATLANTA-The locally based urban redeveloper leases the 96-year-old, 9,000-sf property on North Avenue to Derek Lawford Pubs which plans to open The Spotted Dog in the three-story structure. The 10-year lease has an estimated aggregate value of $1.8 million.
ORLANDO-Developers Phil Rampy, Craig Ustler and Manny Garcia plan to open the 200-seat Kres Chophouse in November in the former Pebbles Restaurant owned by Garcia. The University of Central Florida is ready to open a 100-seat theater in its planned Media Arts Center. The projects are asking the city for a total $320,000 in free startup funds.
LONDON-Midlands-based housebuilder Wilson Connolly has accepted a pounds 480-million ($750-million) bid from Taylor Woodrow. The enlarged group will be capable of building 10,000 new homes a year.
NEW YORK CITY-Big deals are still being made in Midtown as Clarendon Insurance inks a 20-year deal for 56,977 sf at Times Square Tower. An April '04 target date is set for move-in at what will become the firm's HQ.
PHILADELPHIA-City Paper renews for 9,421 sf in P&A Associates' historically certified Corn Exchange Building for an estimated $20 per sf. Inlingua translation service inks a $400,000-contract for 3,244 sf at 230 South Broad.
NEW YORK CITY-In an effort to expand its national presence, Coldwell Banker Commercial teams up with WexTrust Capital's real estate division. Coldwell Banker expects this to be the first of a number of affiliations.
SADDLE BROOK, NJ-The company's Personal Care Products group houses its marketing and sales divisions at Transwestern's Park 80 West. CB Richard Ellis arranged the deal.
PHOENIX-John Bonnell, Trevor Klinkhamer, Karsten Peterson, Dave Seeger and Don Mudd are all accorded vice president titles. A senior associate, two associates and three marketing assistants also are on board.