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ORLANDO-David G. Gabri, EVP for Tishman Hotel Corp.'s Orlando division, is moving the 17-year-old marketing and sales organization for 70 hotels to Orlando from Washington, DC. John F. Metcalfe, founder and owner of the membership group, will remain as chairman for two years.
VALENCIA, CA-Donald Kimball becomes vice president and CFO, with Vicki Stiller moving up to Kimball's former position as controller. They have been holding down the posts since March 1 under interim titles.
HAMPTON ROADS, VA-United Dominion Realty Trust puts its six-property, multi-family collection--The Hampton Roads Portfolio--up for grabs. The Apartment Group is marketing the 1,438-unit portfolio for purchase as individual properties or as a singular group.
HYATTSVILLE, MD-Ownership of the three-building Bank of America complex changes hands as Lexin Capital takes the 145,000-sf property off the hands of former owner Clark Capital. The property is 90% leased with tenants such as Bank of America and the Visiting Nurses Association.
LONDON-Capital & Regional (C&R) is to invest up to pounds 150 million ($236 million) in expanding its leisure division over the next three years.
NEW YORK CITY-RFPs are going out today for bids on commercial loans secured by nine portfolios of assets around the country. Carlton executives plan final bids to be awarded at the end of May.
HOUSTON-Echo Geophysical will move from the Galleria to the Energy Corridor while Corrigan Consulting goes from Seabrook to Aerospace Avenue in the far southeast submarket. Talks deliver medium- and long-term leases.
RICHMOND, VA-The massive expansion of the Virginia Museum of Fine Arts takes a step closer to realization with the recent unveiling of the design for the $100-million project. Upon final completion in 2007, the arts facility will have added 100,000 sf of gallery space as well as a new 600-vehicle garage.