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DALLAS-Five recent transactions have architects at the drawing boards to fine-tune development plans in five Dallas-Ft. Worth municipalities. Two are for Whataburger, one for Town East Ford in Mesquite, another for a Food Lion and the final, a Dallas church.
ORLANDO-The theme park quickly edited an animated video for the Amazing Adventures of Spider-Man ride. The removed material depicted the destruction of lower Manhattan by comic-book villains.
SAN CLEMENTE, CA-The 16,997-sf facility has been snatched up by Kobot International, as sales activity remains healthy in the county's industrial sector. Small and mid-sized industrial buildings across the county have been selling at a steady pace in recent weeks.
CASTLE ROCK, CO-Monthly rents will average about $725 for a one-bedroom unit and about $1,005 for a three-bedroom unit in TCR Mountain State Properties' affordable multifamily rental housing development here.
MONTEREY, CA-The sales price was not disclosed, but an outside source reported that it went for nearly $40 million. USB Warburg LLC put the hotels on the market in January of this year.
LONDON-Short-term fluctuations in the electronics sector will do little to dampen demand for broadband communications, and landlords must continue to provide enhanced infrastructure, claims Weatherall Green & Smith.
DENVER-Bankrupt ICG Communications gets permission to sell its former headquarters in Douglas County for $3.7 million. Thanks to a rising real estate market, it will make an undisclosed profit on the sale.
LOS ANGELES-The 118,947-sf building has been snatched up by a real estate partnership, as the vacancy rate countywide has dropped into the low single digits. It is expected that demand will continue to outpace supply, as there is little space available for additional development.
EAST LANSING, MI-A new 150,000-sf laboratory at Michigan State University, scheduled to open in fall of 2003, can help track down food problems and diseases such as the West Nile Virus, Gov. John Engler says.