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SAN ANTONIO-A deal is done for a second office in San Antonio while the brokers are still talking over the terms for a second spot in Austin. Come July 1, the mortgage lender moves into San Antonio's Koger Atrium in a five-year lease.
SANDSTON, VA-Local hotel developer and owner Shamin RIC Hospitality opens the doors of a new Homewood Suites by Hilton hotel. Located near the Richmond Airport, the six-story luxury property offers 125 upscale suites, as well as 2,500 sf of meeting space.
MARLTON, NJ-Greentree Square owner Mainardi Management received the financing package from John Hancock Life Insurance in a transaction arranged by Holliday Fenoglio Fowler.
BOSTON-In a move that will make the investment management firm one of the largest tenants in the building, Loomis, Sayles & Company, L.P. leases 146,914 sf of space at One Financial Center, a 46-story office tower in the heart of the city's financial district.
CHICAGO, IL-CenterPoint Properties Trust signs leases totaling 2.1 million sf, filling 1.1 million sf in the largest industrial portfolio in the market. Deals include a 250,000-sf lease in west suburban Northlake.
ORLANDO-Taylor Woodrow Communities, a Sarasota, FL-based subsidiary of London-based Taylor Woodrow plc, and U.S. Security Associates Inc. of Roswell, GA are accused of negligence on a road project near the home of 19-year-old Cory Erving in May 2000.
DENVER-Neuberger Berman managing director Steven R. Brown says it will take more than a year for the local market to recover, but his fund is betting on ProLogis, United Dominion, Apartment Investment and Management and Chateau Communities.
LOS ANGELES-Kent Handleman has joined Insignia/ESG's Downtown Los Angeles brokerage team as a managing director and Curtis Palmer has joined the firm as senior managing of its multi-housing properties practice.
LONDON-A new survey by the Woolwich building society indicates that property buyers will pay huge sums to secure the house or flat that each of them wants. Consumer confidence in the market is soaring.
PHOENIX-The firm of Scott & Skelly sign a long-term lease valued at $763,704. The deal encompasses 7,361 sf and takes County Club Manor in Central Phoenix to 82% occupancy. In a smaller deal, GSC Search heads into Viad Corporate Center.