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WHITE PLAINS-Salvatore J. Carrera, director of the office of economic development and real estate for Westchester County, told a group of commercial brokers that he expects the county will land additional corporate relocations from New York City to the county this year.
LONDON-Fresh from its takeover of the Allders department store chain, property company Minerva has received a further boost with news that Deputy prime Minister John Prescott has decided not to intervene in its one million-sf Park Place shopping mall in Croydon, south London.
CLERMONT, FL-In a marketing effort to increase congregation size, the Celebration of Praise Church of God is planning a 50-acre development along U.S. 27 that will offer members a bowling alley, arcade and office space.
MESA, AZ-RBI of Phoenix swoops in for the close of the 90%-occupied North Mesa Plaza, which was attracting attention from the buyers' marketplace. The Phoenix seller was pushing to sell so it could trade for a larger property.
MIAMI-An offshore investment trust, controlled and exclusively represented by Penn Florida Realty Corp., purchased the 100%-occupied, 145,652-sf neighborhood shopping center in Parkland, FL from developer The Goodman Co. for about $137.31 per sf.
CLEVELAND-In a move to expand its bank syndication capabilities, Key Corp. hires Douglas Harmon, formerly co-head of Merrill Lynch International's Mortgage Desk in London.
BOSTON-Tremont Realty arranges a $90 million first mortgage loan on behalf of AEW Partners and its partners for the refinancing of the Storage Spot self-storage portfolio.
SALT LAKE CITY-The subsidiary of Memphis-based TBC Corp. inks a 10-year, $3.8-million lease for 107,640 sf of a 275,000-sf warehouse, marking the first lease at the Opus Business Center near Salt lake City International Airport.