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ATLANTA-Hogan Group of Tampa, FL is selling the 19-story, 98% leased, 436,200-sf Glenridge Highlands Two office building in suburban Dunwoody, FL. The asking price is said to be at least $84 million.
RENTON, WA-Prudential Mortgage Capital Company says it originated a $3.1 million refinancing for the 650-unit Springfield Apartments. The 10-year Fannie Mae loan carries an interest rate of 7.055%.
LIVONIA, MI-Schoolcraft College has selected the Southfield company as construction manager for a $27-million renovation project that will transform the Waterman Campus of the college. Completion is expected by fall of 2003.
CRANBURY, NJ-The Stamford, CT-based firm, part of an international group involved in pain management and treatment, will move into its expanded research operations into the build-to-suit facility by the end of this year.
LOS ANGELES-The locally based marketer of weight-management, nutritional and personal care products has inked an 82,471-sf renewal lease for a mixed-use facility in Carson. The five-year deal is valued at approximately $3 million.
DALLAS-The battle cry to save not raze is hampered in the Dallas-Ft. Worth region by limited stock. Some 30 million sf in the Dallas CBD just isn't suited for turnaround unlike Matthews Southwest's 30-acre holding on the city's South Side.
ATLANTA-The locally based home builder is breaking ground this month on 125 ranch-style homes in clusters of six to eight units in the Villas of Mountain View, off Barrett Parkway. Starting prices: $130,000.