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BOSTON-In a demonstration of its emphasis on the role technology plays in its company, Boston Properties promotes James J. Whalen, Jr. to senior vice president and chief information officer. Whalen is responsible for all technology initiatives.
ORLANDO-Most of them weren't 'big deals,' but the brokerage's production covered 72,779 sf in six buildings and helped earn commissions for 10 agents. The locally based firm also completed a $1.5 million office building sale and a $600,000 land transaction.
POMPANO BEACH, FL-The locally based owner-operator of casual-dining restaurants built four new restaurants in the third quarter ended Jan. 28 and seven during the first two quarters of fiscal year 2001. Pompano Beach is 32 miles north of Miami.
PHOENIX-Commercial finance company Finova is seeking a tenant to sublease at least 40,000 sf at its posh headquarters in Scottsdale. The firm could have move out of the office building altogether as part of its Chapter 11 filing.
BLOOMINGTON, MN-Jeff LaFavre is cited as a "prolific producer and excellent team leader" in receiving the United Properties' "2000 President's Award of Excellence.
DENVER-The Lowry Redevelopment Authority is rethinking its next move for a 35-acre site that had been ticketed for a $150-million corporate campus for Janus. Ancillary services might be the way to go, says the authority.
ORLANDO-Martin J. Kaplan is CEO of Teon Optical Networks Inc. which designs components that speed up data, voice and video signals. Teon is negotiating a multimillion venture capital deal expected to close shortly with an undisclosed partner.
WASHINGTON, DC-David Nuyen is the first person ever to face criminal prosecution for allegedly violating disclosure laws under the Lead Hazard Reduction Act. He owns 15 low-income apartment buildings here and in Maryland.
DALLAS-Prentiss Properties and Brandywine Realty Trust should close in 30 days on a complicated asset swap that's a "win-win situation" for all, say REIT officials. Unlike Prentiss' failed merger a few months back, there shouldn't be any surprises.
DESOTO, KS-Oz Entertainment Co. wants to build $860-million theme park and mixed-use development. Its plan is to turn the Sunflower Army Ammunition Plant into a tourism, high-tech and residential area.