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LOS ANGELES-The number of sales declines by more than 20%, but the dollar volume of transactions rises by more than 67%, according to a new hotel industry report from Atlas Hospitality.
PHOENIX-Phoenix Life Insurance Co. and Duley-Bowlar Insurance both exit the Royal Biltmore in the Camelback Corridor for the fourth floor of the Paradise Valley Corporate Center. The firms sign five-year leases for a combined 8,979 sf.
BOSTON-Constellation NewEnergy takes 19,291-sf on the 28th floor of the Prudential Building at 800 Boylston St. The company, a national energy supplier serving commercial and industrial customers, is renovating the space and using it to consolidate its two Boston locations.
LONE TREE, CO-The local office of a national real estate finance firm has arranged a $5.5 million permanent loan for an office, showroom and retail property.
IRVINE, CA-O'Donnell/Atkins is settling into ground-floor space at 18201 Von Karman Ave. in Koll Center Irvine, marking the firm's second expansion in two months. The move adds about 1,000 sf to the headquarters office area.
CHICAGO-Lincoln Park community groups that opposed the 325-unit, $500-million redevelopment of Columbus Hospital see victory with an expected city council down-zoning of about 160 surrounding acres, which could keep more than 300 multifamily units from being built.
CHULA VISTA, CA-Eastlake Commerce Center acquires the 3.08-acre site, known as lot 25, with plans to build a multi-tenant industrial facility on the property. The transaction is valued at $939,154.
ONTARIO, CA-The Irvine-based development and investment company buys the 747,445-sf distribution center and some abutting raw land in the heart of Southern California's main distribution corridor.
MIAMI-Paul See has been promoted to senior vice president of Trammell Crow Co. Since joining the company in March 2000, he has been alliance director for the company's Florida Power & Light corporate account.