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HOUSTON-Myers, Crow & Saviers gets its first tenant for a two-year-old office building to lock down two-thirds of the class A space for the next 10 years as a regional office. The tenant, Quest Diagnostics, gets one roof for three office-laboratory combinations.
HAWTHORNE, CA-The closing price of the 29-year-old La Josetta Apartments is one of the highest per-unit deals for a property of its era and unit mix in Hawthorne. Putting up the winning offer in excess of $3.5 million is Pan American Properties of Tustin.
LONDON-Banana ripeners and distributors J N Fox & Sons and offshore company Sovena Fortune have each bought a freehold unit at Chancerygate and Friarsgate Developments' Orbital 46 industrial/warehouse development at Iver, Buckinghamshire.
LONDON-Freeport board has decided to sell its completed developments after deciding to reject a takeover approach that would have valued the company at pounds 135 million ($225.4 million)
DETROIT-Health treatment center, which serves the northwest Detroit area, will spend more than $3 million to expand its operations at McNichols and Telegraph.
BOULDER, CO-Keys is awarded the leasing contract for two downtown office buildings, the Exeter and Canyon Center. It will be a challenging assignment since about 20% of the space at the two properties is vacant.
ORLANDO-Daryl M. Carter, who has closed more than $2 billion in joint acquisition and disposition deals over the past 15 years, spends $7.44 million acquiring a shopping center and 140 acres of undeveloped land. All were cash deals.
AUSTIN, TX-At a 30% discount from its sale price 14 months ago, Drever Opportunity Fund LP acquires The Village at Gracy Farms, a luxury apartment community in Northwest Austin.