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STAMFORD, CT-Pitney Bowes executives are pondering the wisdom of staying in their 422,000-sf corporate headquarters building here. Whatever the outcome, they won't abandon Connecticut, they say.
KAUFMAN COUNTY, TX-A Dallas-based land investment group unloads a tract at the intersection of Interstate 20 and FM 2965 in rural Kaufman County. Unlike its neighbor, the sold acreage doesn't spark talk of Disney. But, it is ticketed for development.
HOUSTON-William J. Byrd and John Strake Parsley climb the ladder from vice presidents for the Houston office of Colliers International. Byrd, a three-time NAIOP president, joined Colliers in 1997 and Parsley in 1999.
PHOENIX-Xeba Inc., a Phoenix operation, moves into Eastbank, a 66,367-sf flex building near Sky Harbor International Airport. The five-year lease is valued at $1.6 million over its term.
PHOENIX-The 72,072-sf Bryman School at 2250 W. Peoria Ave. in Phoenix is deeded to Scottsdale Property Management. The buyer is one of a growing breed of investors now favoring single-tenant properties over multi-tenant.
CHICAGO-Chicagoland Redevelopment Partners LLC gets a package worth more than $800,000 to build a $4.2-million, 86,400-sf industrial facility on spec at 1220 W. 119th St., in the West Pullman Industrial Park.
HOUSTON-Craig K. Beyer, principal of Trione & Gordon and an acknowledged expert of the local office market, categorizes the sale of three Mack-Cali buildings as a "non-event" in terms of helping local deal activity.
NEW YORK CITY-At a REBNY breakfast meeting yesterday, Senator Hillary Rodham Clinton touched on several Lower Manhattan redevelopment issues including the creation of a WTC research institute and a new high school.
WASHINGTON, DC-A request for proposals for the redevelopment of the District's soon-to-be-demolished, 10.5-acre convention center site may go out this summer, as Mayor Anthony A. William makes a formal request to the DC City Council to allow the issuing of the RFP.
ALHAMBRA, CA-The 98% occupied Almansor Villa apartments was sold by Almansor Villa LP to Galssell, which plans to do approximately $300,000 in renovations to help push rents to market value.