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SANTA ANA, CA-The private investor from Los Alamitos gets a fully occupied, 44,000-sf building with part of its spaced dedicated to a Staples regional headquarters. The seller pushed along the deal with long-term financing at an attractive interest rate.
PHOENIX-Greg Coxon, a 16-year employee, is named senior managing director and also gets to serve on the firm's Western Division Executive Committee. The top job includes oversight responsibility for eight smaller offices in the West.
LONG BEACH, CA-The $137,500 per unit represents a record for buildings of the same age in Long Beach, says the sales team representing the 1031 Exchange buyer as well as the seller of the 16-unit Ocean Boulevard property.
SEATTLE-The gift will help the University of Washington fund a 265,000-sf facility in the University District that will be shared by the departments of Genome Sciences and Bioengineering.
TRENTON, NJ-Alfred Koeppe, president and COO of PSE&G, is Gov. James McGreevey's choice to lead the authority, whose last chairman moved over to the Port Authority of NY/NJ.
LONDON-Plans for London to bid for the 2012 Summer Olympic Games have received backing from the four top professional bodies in the property and construction sectors. They believe the games would bring major regeneration benefits to east London.
SAN DIEGO-Los Angeles-based Hamilton Capital Partners, an affiliate of Barker Pacific Group, acquires the office facility from Charter Building Ltd. The acquisition of the 173,682-sf asset marks Hamilton Capital's first foray into the San Diego market.
CARTERET, NJ-An RFP for redevelopment of a 166-acre waterfront site has resulted in three formal proposals with price tags starting at $500M and go all the way up to $1B.