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ORLANDO-The seven-year-old online global network developer for the fresh-cut commercial flowers and perishable foods industries is retaining its 40,000-sf office-warehouse quarters near Orlando International Airport as it strives to find new funding for its operations in eight countries.
KENT, OH-Cleveland-based Forest City Residential sells the 188-unit apartment and town-home complex on 24 acres to an Akron, OH investment company. Birmingham, MI firm Dietz Organization represents buyer and seller.
GRAND RAPIDS, MN-The new combined heat and power would use up to 40% wood waste products from Blandin's paper mill while providing about 225 megawatts of electric generation capacity. Construction would begin in the fall of 2002.
AUSTIN-Austin-based COPC Inc. has opened its second international office. That's two in the past month and that's it for now. The firm specializes in call center and customer-contact management.
DALLAS-The newly formed Langford Property Co. of Dallas has closed its first buy, just months after its president and two other well-known area brokers dissolved their development company, Onyx Property Co. Langford has a second site under option.
PHOENIX-It's history repeating itself, says a Kitchell executive. When times get tough, Phoenix likes to put public projects on the drawing board that cushion a soft construction market. More than $3.8 billion in projects will deliver in the next five years.
BOSTON-Local politicians who support developer Frank McCourt's plan for a Boston Red Sox ballpark on the South Boston waterfront are lobbying state officials for infrastructure funding.
ANAHEIM, CA-The three small industrial projects are purchased by separate private investors. Deals reflect rising interest from mom-and-pop buyers, even as many big real estate players stay on the sidelines.
LAWRENCEVILLE, NJ-Interlink Healthcare Communications will take the entire third floor of the 107,000-sf 989 Lenox Dr. in this Princeton-area market. Newmark & Co. arranged the transaction.
ATLANTA-Teachers Insurance and Annuity Association gives the leasing and management services assignment to a client who has financed $249 million worth of projects with the New York-based retirement system.