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COSTA MESA, CA-A locally based developer has acquired a 1.6-acre parcel in Costa Mesa, in a deal valued at $1.3 million. The company plans to build a 26,000-sf office and retail project on the site.

MIAMI LAKES, FL-The New York-based firm is expanding its Latin American and Caribbean headquarters operations from its suburban Miami Lakes offices totaling 70,000 sf.

HOUSTON-A Colorado-based high-tech provider, Expanets, is boosting its Houston operation, signing for 29,446 sf at Bridgewood I. The 135,777-sf office building is a holding of Koll Bren Schreiber.

ATLANTA-The first-quarter revenue per available room is also down 4.6% as the locally based REIT begins selling off some properties. Funds from operations were $2.8 million or 26 cents per share versus $3 million or 28 cents per share in last year's comparable period.

ATLANTA-First phase units of 100 townhouses and 50 condos at the $35 million housing development will cost an average $250,000 each.

SAN FRANCISCO, CA-Delphi Group Research reports that the business portal software market topped $405 million in 2000, up 128% compared to 1999. The market advisor also found that locally based Plumtree Software led the portal applications segment with 12.8% market share.

LONDON-Yet another company is to quit the UK quoted sector, as Lee Goldstone and Roland King's management buyout at Regalian goes unconditional.

DULLES, VA-The Internet provider that sparked a technology tenant revolution in the Northern Virginia market, making it a destination location, is suffering from the same technology crash. It's impact on the climate here could be huge.