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CHICAGO-The economically depressed South Side neighborhood will get a 187,000-sf plant for Quality Croutons under a deal that includes a heavily-discounted land purchase, property tax reduction and industrial revenue bonds.
LONDON-Listed agency Savills has announced profits virtually unchanged for the six months to 30 June 2001, despite reporting a slowdown in both investment and leasing activity in the UK.
DALLAS-Hank Glasgow has come over to the Apartment Group from Trammell Crow Residential. He comes on board as a senior vice president. Copping the same position at the Weitzman Group is Michelle W. Caplan.
SPRING, TX-Jarvis Entertainment has picked a suburb north of Houston for a 15,000-sf production facility for its virtual reality game production. Two recently acquired operations will be consolidated into the new location.
GOLDEN VALLEY, MN-NorthMarq Capital arranges the deal on the 190,758-sf office building owned by United Properties. Patrick Minea, managing director and vice president, arranges the financing with Douglas Dolliff and Kim Nyberg.
SAN DIEGO-A key city office that processes development applications and records will be closed Sept. 14 for consolidation of its database. The office keeps property records on the location of underground pipes, and easements.
AUSTIN-Patronis Group and Fairfield Residential are partnering on a $19.3-million, class A townhouse project in Austin's far northwest submarket. The 154-unit undertaking very well could be the last to come out of the ground until job growth improves.
SALEM, OR-VIP's Industries Inc. wants to build a hotel at 200 SE Commercial, the former Ramada Inn property, and wants to sell the city land for an adjoining conference center that it could now be a partner in.
DALLAS-Holliday Fenoglio Fowler has matched up Archon Financial with Southlake Town Square's developer for a $40.8-million refinancing that opens the door for more development by Cooper & Stebbins. Two first mortgage loans carry 10-year terms.