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SAN FRANCISCO-Locally based Phillips, Spallas & Fotouhi LLP is relocating its headquarters within Downtown San Francisco, leaving 5,600 sf in 100 The Embarcadero for 15,130 sf on the 10th floor of 650 California Street.
DENTON, TX-Principal Irwin Realty Group, one of the Denton area's leading multifamily owners, has taken out 10-year financing packages, with 5.65% interest, for vintage properties. The deal's particulars point to more development.
NEW YORK CITY-Kevin F. Haggarty, 60, who served as executive managing director for Insignia/ESG's Capital Advisors Group (CAG) for the past six years, died suddenly of a heart attack early Tuesday morning on his way into the office.
CHICAGO-Michael Colleran had been running his own real estate investment banking consulting firm in Los Angeles after 12 years overseeing real estate acquisitions, sales, finance and operations for Miller, Klutznick, Davis and Gray and the Davis Cos.
TRUMBULL, CT-New Boston Fund Inc., reports that it has sold 40 Lindeman Dr., a 47,437-sf office building here, to Cooperative Educational Services, the property's major tenant, for $5.25 million.
SYDNEY-The Australia-based shopping mall developer offers US$940 million cash for AMP's nine regional malls in the country, topping a US$855.5-million cash and scrip bid by Australia-based Centro Properties Group.
LONDON-The Eastside Partnership, a joint venture between Peter Beckwith and Peter Stratton, has submitted its first proposals for a mixed use development on phase one of its site in Birmingham's Eastside.