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WHITE PLAINS-GHP Office Realty, along with a group of private investors, reports that it has closed on the acquisition of 185,000 sf of commercial space in Westchester, Fairfield and Long Island.
TOLLESON, AZ-TaB Transportation is gearing up to open doors on a 49,000-sf chocolate distribution center in Tolleson Commerce Park's second phase. The $1.3-million, seven-year lease takes the 220,000-sf building to 53% occupancy.
MINNEAPOLIS-The Minnesota Vikings want a new stadium not a fixed-up Metrodome. They claim much of a $3-million improvement program benefits Metropolitan Sports Facilities Commission offices.
OMAHA, NE-The 215-room property is operated by NPHD Inc. and managed by Hotel Managers Group. "There continues to be strong interest from the Midwest," says Red Lion Hotels & Inns COO Tom Murray.
PARIS-Hammerson has sold its prime retail development at 54 boulevard Haussmann, to the German open-ended fund DEKA for FFr 1.08 billion ($143 million). The 138,000 sf of retail space is let to Galeries Lafayette, H&M and Burton.
DAYTONA BEACH, FL-American Safety Insurance Group of Hamilton, Bermuda has sold 265 units out of a total 294 units in Phase I of a planned 808-unit luxury waterfront community in Ponce Inlet, FL, a Daytona Beach suburb 50 miles north of Downtown Orlando.
MESA, AZ-A California-based family trust has snagged a good deal in Mesa, buying the 48-unit Cypress Commons Condominiums at below market average. The buyer pays a little more than $2 million or $42,700 per unit. The average is $56,073 for that age group.
BOSTON-Developer Frank McCourt continues his quest to develop a ballpark for the Boston Red Sox on his parcel here in South Boston on the waterfront. A transportation consulting business working with the developer has hired a high-powered lobbying firm to push the developer's case on Beacon Hill.
SOUTHFIELD, MI-A drilling company and Krispy Kreme doughnut maker find property in Livingston County and Detroit, respectively. Keller Well Drilling buys 12.63 acres while Dough Re Mi leases 19,800 sf.
CHICAGO-Chicago-based Aries Capital arranges the five-year loan from an insurance company for the mixed-use retail and multifamily rental building at the corner of Clark and Webster streets.