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HANOVER, MD-The Dialysis Corp. of America steps up its presence in the Metropolitan Washington, DC region with the planned development of a new dialysis center in the Northern Virginia area. The facility will be anywhere from 5,000 to 7,000 sf in size.
LAS VEGAS-Making good on its stated intention to shed non-core assets, the Washington, DC-based hotel owner sells the 149-suite St. Tropez Hotel Plaza here. In the last four months, the company has generated $47 million through three sales.
THE DALLES, OR-The $16.8-million acquisition from Northwestern Wind Power represents PPMs first purchase of an operating wind plant. All energy output and green tags from the have been sold through a 20-year power purchase agreement.
PHILADELPHIA-The Lower Gwynedd, PA-based technology company will move its staff from Springhouse, PA, to two floors at 1035 Virginia Drive in Fort Washington Business Park this fall. Brokers estimate the asking average there is about $24 per sf.
ESCONDIDO, CA-The locally based REIT, which invests in net-leased retail product, declares a common stock dividend of $0.195 per share, payable on February 18, 2003 to shareholders of record as of February 4, 2003.
VERNON HILLS, IL-The 33,100 sf of space at 560 E. Bunker Court is in addition to the 101,070 sf the Seattle-based lender has at 340 N. Milwaukee Ave., which is also in Portland, OR-based Pacific Realty Associates LP's Continental Executive Parke.
DENVER-Multifamily landlords in metro Denver seem to be lowering rents to attract new tenants, instead of offering concessions. Not a good idea, say two local apartment consultants.
BURBANK, CA-The company, HeyAnita Inc., develops voice-recognition software, including new types of technology used by telecommunications companies. It is moving here from Los Angeles.
MIAMI-The accounting and consulting firm Peed, Koross, Finkelstein & Crain leased 8,204 sf in a deal valued at an estimated $1.18 million, and Big Brothers and Big Sisters of Broward Inc. leased 3,659 sf in a transaction worth an estimated $524,151.
MIAMI-A partnership of Ross Matz Investments Inc. of Davie, FL has paid the New York-based investment group Investcorp $114.82 per sf for the 371,000-sf outdoor mall. Investcorp has been selling its Florida retail properties to focus on other areas of the country.