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LOS ANGELES-Stan Ross, the chairman of the USC Lusk Center, and wife, Marilyn, hope to expand the local program throughout the country. The program, which began in 1992, teaches fundamental skills needed to develop inner-city projects.
UNIONDALE, NY-Long Island's largest office complex, EAB Plaza, has been sold to a newly formed joint venture. Situated on 26 acres, the 1.1 million sf Plaza reportedly sold for $185 million.
CAMBRIDGE, MA-The New England School of Acupuncture leases 8,328 sf in the Parker Hill Building at 124 Watertown St. The oldest college of acupuncture and Oriental medicine in the US, wanted to move to a more central location.
OCALA, FL-The Indianapolis, IN-based REIT buys the 100%-leased, 19,561-sf Urology Center of Florida in Ocala, FL; the 83%-leased, 144,515-sf Morningside Professional Plaza in Port St. Lucie, FL; and 10 other properties in the Southeast.
PHOENIX-The trade show booth provider will take over 11,614 sf at the Martin Van Buren Commerce Center. ProLogis gets to fill space vacated a year ago at 401 N. 37th Dr. in a lease valued at $220,000 for the full term.
ORLANDO-Suzanne H. McElyea, a 20-year accounting professional specializing in leases and joint ventures, becomes senior vice president of acquisitions for locally based Commercial Net Lease Realty Services Inc.
MIAMI-Before Libby Smith, Trustee of Buffalo, NY purchased the building, three leases were renewed, bringing the occupancy to 100% and making it marketable, according to a broker involved in the transactions.
DETROIT-Two blighted buildings, one in Detroit and the other in Ecorse, will be demolished, and then redeveloped as retail and mixed-use--with state assistance.
WASHINGTON, DC-Real estate industry members celebrate the increasing number in supporters of the Community Choice In Real Estate Act after campaigning on the Hill during the National Association of Realtors Midyear Legislative Meetings.
WESTWOOD, MA-Philadelphia-based Berwind Property Group Ltd. purchases the Westwood Business Centre, a 164,695-sf office building located at 690 Canton St., for $18.5 million from Boston-based American Tower Corporation.