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ATLANTA-Bidding for the 10-year contract were WorldCom, IBM and a partnership of BellSouth, AT&T and EDS. Gov. Sonny Perdue wants a taskforce to tell him in 60 days how Georgia state government offices should plan for future high-tech needs.
SAN DIEGO-The separate transactions, which are valued at $2.2 million combined, involve 9,328 sf in Chula Vista's South Bay Distribution Center and 36,000 sf at 4770 Ruffner St. in San Diego.
NEW YORK CITY-National Golf's shareholders OK'd the deal on December 18. Smart move; holders of outstanding shares will receive $12 per. Roland Smith, hand-picked by the investment group to lead the REIT after the sale, can now take his post.
LONDON-Dartford Borough Council in North Kent has signed a development agreement with ProLogis for a 2 million sf development on the 270-acre Joyce Green Hospital site beside the QEII bridge over the Thames.
SAN LEANDRO, CA-Two San Francisco Bay Area industrial buildings have been acquired in San Leandro and Oakland, by Sawhney Trust and Pan American Enterprises, respectively.
ALBUQUERQUE, NM-A joint venture of New York City's Sterling America and Phoenix-based Alliance Residential Co. spends $11.2 million to acquire the Villa Ladera garden apartments from Apartment Investment & Management Co. of Denver.
LONDON-With many in the City of London saying that yesterday's 0.25% base rate cut is a sign that the Old Lady of Threadneedle Street is all in a dither, she will be pleased of support from the Royal Institution of Chartered Surveyors.
LONDON-Omega European Investment has purchased Birmingham's Great Western Arcade and 10 Colmore Row in a pounds 15 million ($25 million) deal. The Victorian arcade with an early 1950s office building fronting Colmore Row, was sold by Prudential Property Investment Managers.