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SCOTTSDALE, AZ-Ruhl Forensic buys a 12,000-sf building at 15876 N. 76th St. for a "crash and smash" test site for its accident reconstruction business. The move from Central Avenue in Phoenix takes place July 1.
MIAMI-The contract with the US General Services Administration is for a wide range of construction management services for federal courthouse projects here as well as across the state.
ANDOVER, MA-In its first joint venture with the Praedium Group LLC, locally based Essex River Ventures LLC purchases the Manor Parkway Business Park, three single-story office/flex buildings totaling 122,000 sf, in Salem, NH for $6.2 million.
BLACK HAWK, CO-After filing for reorganization under Chapter 11 bankruptcy in November, Windsor Woodmont, the largest casino in Colorado, has bought out Chicago-based Hyatt Gaming's three-year-old management contract for $18.3 million betting it can do better on its own.
FRAMINGTON HILLS, MI-Becker/Lutz, a partnership formed by a developer and former auto supplier, has bought its first commercial real estate, in the form of Shoreview, a business park in Minneapolis. The partners paid $49 million for the property.
MORRISTOWN, NJ-The combined total comes from four different loans, ranging from an industrial park and an office building in North Jersey, to a shopping center in the southern part of the state.
SAN DIEGO-An entity of The Shidler Group acquires two three-story office buildings from BCL Inc. Encompassing a total of 88,282 sf, the properties are located at 9619 Chesapeake Dr. and 9444 Farnham St.
DALLAS-Vigor Properties secures the loan from SouthTrust Bank to satisfy seller financing from a December 2002 purchase. A re-tenanting strategy is still at work so a LIBOR-based floating rate was the way to go, says the loan arranger.
PORTLAND-Childpeace Montessori signs a five-year lease for Bridgetown Phase II, a 39,000-sf building in Northwest Portland most recently occupied by 800.com, which went AWOL this time last year.
DURHAM, NC-The Los Angeles-based 1031 Investment sponsor acquires the 235,979-sf First Union Plaza at the entrance to Duke University on behalf of itself and 15 1031 investors.