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DALLAS-The LBJ Freeway and Colinas Crossing corridor is begging for a submarket branding, says the leasing agent for the 950-acre Mercer Crossing. He believes there's no better name than Mercer submarket, home to two million sf of office space and more on the way.
PORTLAND-Mark A. Carnese has joined his brother Brad at the local Cushman & Wakefield office. Mark is working in the office sector under senior broker Tom Usher, former managing director of the Portland office.
HOUSTON-J. Michael Boyd and R. Conrad Bernard are recipients of prestigious NAIOP awards from the Houston chapter. The duo have snagged the Lone Star award for brokering a sale-leaseback deal of four Baker-Hughes properties.
SEATTLE, WA-Unico Properties Inc. has named Kathryn Colgan as director of leasing for its 1.7 million sf of offices in Puget Sound suburban markets. It also has relocated Dan Preisler to Boise, ID to manage its key downtown property there.
CHICAGO-Aries Capital closes approximately $215 million in loans during 2000 while focusing on the mezzanine-oriented, structured finance business. It was up more than 34% from 1999, when the company closed $160 million in loans.
MORRIS PLAINS, NJ-Approvals must be granted first, but 116 residential units are planned to replace the 75-year-old factory, which closed down three years ago. The project will cost $18 million.
WASHINGTON, DC-The nation's housing policy is out of step with the growing "renter by choice" trend, according to the National Multi Housing Council's joint legislative program and the National Apartment Association.
HOUSTON-Military Industrial Supply has renewed its spot at ProLogis' 9402 N. Loop East, an office-warehouse structure. Caldwell Watson and an in-house ProLogis rep, based in Houston, have negotiated the deal.
NEW YORK CITY-The National Association of Realtors has already demonstrated most consumers believe the federal government should not allow banks to own real estate brokerages. Brokers contend it is the customers who will suffer.
ST. CLOUD, MN-A jail video visitation reduces staff time while expanding visiting opportunities. Video teleconferencing allowed the visitors center to be built outside the secured perimeter of the jail.