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LONDON-The rise in insurance rates seen since 11 September is likely to continue, with some buildings becoming uninsurable, a leading insurance expert has told the British Council for Offices.
MINNETONKA, MN-Besides the center in St. Cloud, MN, the deal involving Ted Deikel and Tom Petters also includes the company's headquarters here as well as assets in Piney Flats, TN and the Twin Cities suburbs.
PORTLAND-Current options for reusing the aging, oversized glass box include a big-league hockey facility, a three-level amateur sports complex or a semi-deconstructed coliseum converted for use as a roofed, open-air amphitheater.
BREA, CA-Saturn Partnership LLC acquires the 31,863-sf facility, which stands at 2951 Saturn St. The five-unit building was 100% occupied at the time of sale.
TEMPE, AZ-An Oakland, CA couple trades in a 13,075-sf medical office building in Tempe for a 25,000-sf office structure in Phoenix. Their broker pulls off the deal by putting together an investment group to make the buy.
DALLAS-Veteran Robert E. Young Jr. gets his wish list fulfilled to manage, be a player coach and wheel and deal on the production side. His new role is managing director of brokerage services for Weitzman's Dallas-Fort Worth office.
PORTLAND-Construction on the 283-unit multifamily complex near Mall 205 was completed in 2000. Wayne Rembold bought the 10.8-aacre property, the former Russellville School, in October 1996 for about $3 million.
CARLSBAD, CA-A mixed-use community now being proposed for the area would include 100 apartment units, office and retail space, an assisted living facility and more than 2.1 million sf of industrial. City planners have given the project a thumbs up.