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ALBANY, CA-The entertainment company that owns and operates Golden Gate Fields wants to extend the racetrack and build a huge commercial and entertainment complex, for which it has submitted a proposal.
LOS ANGELES-The 236-unit Mark Wilshire Apartments building was erected in 1966. New owner Donald T. Sterling Corp. is planning to spend about $2 million on improvements, including new elevators and electric generator systems.
ORLANDO-After a failed federal mediation session, about 400 housekeepers, seamstresses, laundry workers and public-area attendants have rejected a three-year contract for the second time offered by hotel owners Tishman Hotel & Realty Corp. and Metropolitan Life Insurance Co., both New York-based firms.
SAN DIEGO-An 18-unit apartment complex sells to a private investor for $1.72 million. The 9,000-sf garden apartment complex includes 18 one-bedroom, one-bath units. The project was built in 1958.
RENTON, WA- The Scandinavian retailer expands its store here for the fourth time in seven years and celebrates its grand reopening this weekend. This round adds 50% more sales floor space.
ANAHEIM, CA-The majority interest of the locally-based real estate firm will be acquired by World Associates Inc., a Las Vegas-based public company that is still in its development stages.
DALLAS-Town North National Bank, an original tenant at 4455 LBJ Freeway, re-ups its 47,000 sf, rolls in another 18,000 sf and makes plans to redo its lobby and banking facility. The new deal closes on the eve of an exit by a 75,000-sf tenant.
ALEXANDRIA, VA-The 103,00-sf eight-story Huntwood Plaza office building sells to Atlantic Realty Cos. for $10.6 million. Devon Properties Inc. was the former owner of the 16-year old building, which sits on a five-acre plot of land off Richmond Highway in Fairfax County.
OAK BROOK, IL-Leasing brokers for Mid-America Asset Management, Inc. handle deals ranging from a 30,840-sf Bally Total Fitness lease in west suburban Villa Park to small sandwich shops in neighborhood centers.
AUSTIN-The Texas Workers' Compensation Commission is shopping the market for its 100,000-sf office requirement. Just because the scouts are out doesn't mean the commission will be exiting the Southfield building.