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BOSTON-Edward A. Fish Associates and the Asian Community Development Corp. begins construction on the Metropolitan, a 251-unit project that is being developed through a public/private partnership on a 43,860 sf parcel in Chinatown.
LONDON-A privately owned property company is set to pay pounds 35 million for a shopping centre in Blackpool and is drawing up plans to triple its size.
HOUSTON-Keais Records Service goes from 806 Main into 1010 Lamar with the lease completion between NAI Partners Commercial and PM Realty, the brokerage team for the Koll Bren Schreiber high-rise.
PHILADELPHIA-The planned 1-million-sf Children's Hospital of Pittsburgh, originally planned for the UPMC Montefiore campus in Oakland, moves to the St. Francis Medical Center Complex in Lawrenceville, PA. Pittsburgh-based Highmark will fund the purchase of the 10-acre, 11-building in Lawrenceville.
MIAMI-Hialeah Assets buys two retail properties totaling 43,816 sf for $116.66 per sf from Jaffe Buildings II, based in Aventura, The new owner assumes a Commercial Bank of Florida mortgage of $3.6 million.
HOUSTON-The developer-investor acquires Venture Tech II and Venture Tech III, Woodlands' office buildings valued at $2.3 million and $5.1 million, respectively. A back-to-back closing puts four acres in hand for a 29,000-sf retail project.