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MIAMI-V&F Enterprises Corp. sold the 135,545-sf property for $7.3 million or $53.85 per sf. The center is at the west entrance to the air cargo facility of Miami International Airport, 2525 NW 72nd Ave.
SAN DIEGO-Sales of apartment projects were brisk through September as average monthly rents eclipsed the $1,000 mark countywide. Apartment sales through the first nine months of the 2001 were up 9% from a year ago, mostly due to a strong first half of the year, according to Burnham Real Estate Services.
AUSTIN-A northwest submarket office building lands Ecommission Financial Services and Arbor Property Management as tenants. Arbor takes 4,232 sf and the financial operation, 3,082 sf, in the Colliers Oxford Commercial-structured pacts.
LONDON-Developer Grange Estates has been granted detailed planning consent for a major new development on Prince's Way in the centre of Bradford, West Yorkshire to include bars, a night club, restaurant, casino and an 86-bedroom hotel.
LOS ANGELES-Still thirsty for US properties, the domestic arm of Australia's Westfield Holdings Ltd. acquires 9.7 million sf of retail in six states from Cleveland-based Jacobs Group. The largest property involved is a 1.35-million-sf mall near Cleveland, OH.
FT. WORTH-Twenty-four buildings in Ft. Worth's CBD are left dangling as its high-tech provider seeks a buyer. CoServ, which filed Chapter 11s for six telephone and cable divisions, was to start with the under-construction 200,000-sf Bank One Building.
CARROLLTON, TX-A five-year sale-leaseback and land to build are the determining factors in a quick sale of the Osram Sylvania distribution center to a group of Dallas investors. The 129,600-sf, seven-acre holding was delivered in 30 days.
RANDOLPH, NJ-The 7.5-acre Randolph Village Center, owned by a partnership group, features a 40,000-sf Acme supermarket, currently under construction with a spring opening slated.
CHICAGO-LR Development, best known for its high-end Park Tower development near Michigan Avenue, has begun a three-building condo project in the Streeterville neighborhood that will ultimately bring 300 units to the market.