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SOUTHFIELD, MI-The Chicago-based real estate firm focusing exclusively on the business space user moves to the center of Southeast Michigan market activity. The office previously had been located in Bingham Farms, MI.
MINNETONKA, MN-Hospitality industry veterans Shawna Laethem and Satis Patel will help Radisson build its network of franchised hotels by pre-qualifying prospective Radisson properties and participating in closings.
ORLANDO-The 11-story, 350,000-sf Downtown, state-owned and operated structure, lost a 36-foot by 36-foot galvanized steel section that crashed onto a car in the parking lot but caused no injuries. The building houses 500 workers.
RICHMOND, CA-The Employment and Human Services Department of Contra Costa County will move into a new 60,000 sf space here early next year. The approximate $13-Mil lease is reported to be the largest of the year in the area.
LEEDS-Spanish fashion giant Zara has stepped up its UK expansion programme, taking stores in Leeds, Belfast and Nottingham. In Leeds, Yorkshire, it has taken half of the former Marks & Spencer satellite store, with Benetton set to take the other half.<p>
DALLAS-A foreclosed 4.2-acre site, with an 85,802-sf structure, is in the process of being retrofitted with about $300,000 in upgrades. Work had started as soon as Dallas-based Maylar LP closed on its third DFW industrial buy this year.
LOS ANGELES-Two private investors agree to pay $3.5 million for historic but shopworn Raymond Theater in Pasadena and plan to turn it into a live playhouse. Current owner wanted to convert it into shops and office space.
LONDON-Telereal Holdings - a joint venture between Land Securities and the privately-owned William Pears group has paid $3.2 billion for the property assets of British Telecom.
FORT LAUDERDALE, FL-The developers of a proposed $30-million, 16-story condominium building are challenging a Broward County decision that halted plans to build Esplanade on a 1.2-acre site. Fort Lauderdale is 26 miles north of Miami.
MURRIETA, CA-The $4 million, 41,000-sf medical center is under development at 12400 Medical Center Dr. in Murrieta's Golden Triangle" area at Interstates 15 and 215. The firm expects to wrap up construction of the steel frame and stucco buildings by the end of the year.