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WOODINVILLE, WA-An 80,000 sf warehouse along the Sammamish River here has been sold by Intracorp Woodinville Properties LP to a group of investors called Woodinville II LLC.
ESCONDIDO, CA-Preservationists hope to convince the state to expand the San Pasqual Battlefield State Historic Park by acquiring nearby school district property.
BEAVERTON, OR-As part of a $22-million, two-hotel sale, the publicly traded hospitality company has sold one of its Homewood Suites product here to a privately held REIT based in Richmond, VA.
LOS ANGELES-A small real estate company takes a modest 1,100 sf inside Santa Monica Gateway, a nine-story building that has stood empty since the mid-1980s. Spieker Properties purchased the building as the dot-com boom began to peak about 18 months ago.
OAKLAND, CA-The U. S. Customs Service has leased about 4,416 sf for a 10-year term at 1111 Jackson Street. The agency has agreed to pay $46.67 sf annually for the first five years and $53.77 sf for the rest of the lease term.
HUNTINGTON BEACH-The 45-acre, $18 million project has been approved in a vote of four to two. City officials can now begin soliciting bids from contractors who want to build the complex.
LIVONIA, MI- Enrico Rosati plans to build an industrial park on previously landlocked land. He may spend more than $10 million to develop the property in this Detroit suburb now that a road has been approved.
MIAMI-CB Richard Ellis Inc. is marketing the 79,257 sf vacated in two buildings by affiliates of the Spanish telecommunications company. The space is leasing at full-service rates below the submarket average of about $29.75 a sf.
LONDON-The UK commercial property market has shown a significant slowdown, according to a new survey from agents GVA Grimley and the Confederation of British Industry.
MADRID-Despite being one of the five largest regional property markets in Europe, within the third fastest growing economy in Europe, Madrid's short supply of industrial property is playing havoc for occupiers.