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NEW YORK CITY-The Chicago-based firm has been hired by the owners of Long Island's largest building to find a buyer for the landmark property. The massive glass towers were built in 1984 for roughly $150 million.
BELMOPAN, BELIZE-The Cendant subsidiary, which currently has 121 flags flying throughout the US and Canada, develops its first hotel outside North America here in the new capital of Belize.
PLANO, TX-Healthcare Realty Trust will own and operate the 163,000-sf medical office building, a companion project for the next Baylor Health Care campus with a 310,000-sf hospital. Ground will break soon on both projects, with delivery in late summer 2004.
ANDOVER, MA-John Fenton leaves Boston-based Berkeley Investments Inc. to start Essex River Ventures LLC. The new firm will focus on office, R&D and industrial properties in at least five strategic markets in the Northeast, mid-Atlantic and Southeast in the $5 million to $15 million range.
OLD BRIDGE, NJ-The Crossings at Old Bridge, a project of Jerald Development Group, will also include 100,000 sf of office space and 250 residential units.
LONDON-The London Development Agency has thrown its weight behind calls for London to make a serious bid for the 2012 Olympics, claiming it could be a driver for the regeneration of the run-down eastern side of the UK capital.
BOSTON-Communities Against Runway Expansion, a grassroots group opposed to the creation of a new runway at Logan International Airport, claims that Massport changed an independent report to overstate the proposed runway's delay reduction capability.
HELOTES, TX-D&G Enterprises, which has about 30 employees, has been bought lock, stock and barrel by Dallas-based Commercial Metals Co. The industrial holding is located in Helotes, a community 16 miles northwest of San Antonio.
EVANSTON, IL-A 36-story condominium tower would be the tallest building in this North Shore suburb on Chicago's border by nearly 75 feet. The developer argues he is building less square footage on the 2.28-acre site than current zoning allows.
FORT LAUDERDALE-Pinecrest Village at Victoria Park here is a condominium conversion project of Tarragon Realty Investors Inc. of New York. The company has more than $12 million budgeted for renovations and improvements to the property.