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COPPELL, TX-The 465,000-sf, two-building headquarters and distribution center for MJDesigns has been hawked, reportedly for more than $16 million, to a Kansas redeveloper. Ablah Enterprises says the buy is just the first of two million sf to be acquired in its return as a DFW property owner.
MINNEAPOLIS-The deal between Dallas-based Brinker International and San Ramon, CA-based Sydran Group LLC involves restaurants and development rights in Iowa, South Dakota, North Dakota and 11 other states.
DETROIT-The first of eight meetings to present results of a forecast of population, housing and employment is scheduled for Monday in Howell, MI. The forecasts are used by planners and developers.
WHITE PLAINS-Cappelli Enterprises reveals that it has signed an 80,000-sf lease with a subsidiary of National Amusements Inc. to operate a 15-screen, 3,500 seat multiplex theater at the City Center retail/residential housing development to be built here.
SEATTLE-Mayor Paul Schell, Columbia City residents and park supporters will gather Saturday (Sept. 8) to celebrate the acquisition by Seattle Parks and Recreation of the 3.2-acre property known as Hitt's Hill.
ORANGE COUNTY, CA-Bisco Industries sells a 17,151-sf industrial building in Orange for $1.5 million and picks up a 40,000-sf Anaheim facility for $3.7 million.
GRANBY, CO-Construction of the mixed-use Twin Saddles Lodge, which includes 109 condominium units as well as retail space, is delayed until next spring to avoid building in the winter. A dispute neighboring condo owners is resolved.
HOUSTON-William C. Yancey Jr. has been appointed to NAIOP's Developers II Forum after plying his skills since 1971 in Houston, Austin and Dallas. The forum is limited to principals from privately owned companies.
DENVER-Rumored to be thinking about moving to the suburbs or out of state, MCI Worldcom instead renews its lease at 707 17th St. for seven years. It had been sub-leasing the space in MCI Tower from Atlantic Richfield Oil Co.
PHOENIX-The 16-unit Colter Gardens Apartments snags a contract within hours of coming to market. The recent closing puts the Phoenix holding into the hands of a Chicago investment couple, who paid $700,000 for the property.