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SACRAMENTO, CA-The Downtown Development Group, on behalf of the city's redevelopment agency, is soliciting statements of qualifications for the transformation of a two-story former Woolworth's into a restaurant and entertainment center.
DENVER-The Texas-based real estate investment service firm hires Dick Rudolph, formerly with the Etkin Johnson Group, as senior vice president of Colorado operations and Wendy C. Williams as vice president of property services.
STERLING HEIGHTS, MI-Financial and professional services have leased more than 66% of the new, 30,788-sf Sterling Plaza phase II office building just four months after its completion, its leasing agent says.
DALLAS-George S. Dutter Jr. and Mark D. Miller have bought out the Robert Lynn Co. in Dallas. The duo will split the duties of departing Tom Lynn, who says it's time for a change. Stay tuned, says Dutter, because a high-profile DFW broker is coming on board.
WASHINGTON, DC-This federal agency manages about 40 percent of the buildings the government owns, or spaces the government leases around the country. Buildings and construction projects are up and running back around the District, but the agency is mum on security measures.
ROMULUS, MI-The $1.2-billion Northwest World Terminal at Detroit Metropolitan Airport may have to accommodate new security rules, which separate passengers from guests and push-back parking, prior to its opening in January.
LONDON-Despite UK base rates falling to a 40-year low in the wake of the attacks in the USA, property investors are facing problems obtaining finance because of a lack of liquidity in the long-term interest rate swap markets.
DENVER-Construction could begin next month on a $49.7-million, 266-unit luxury apartment building in the Central Platte Valley, where more than 1,500 units are expected to be built. Rents will range from $1,074 to $2,894.
STAFFORD, TX-AIC Ventures of Austin has taken the deed to the three-building, 280,566-sf headquarters campus of Input/Output Inc., a seismic instrumentation provider. The campus' Stafford location and long-term lease made it a good find.
DALLAS-Gables Residential, based in Atlanta, breaks ground on its fourth Uptown Dallas project just as another of its high-end projects nears delivery. Gables Ellis Street, ticketed for a summer 2002 delivery, will have 157 townhomes and 88 apartments.