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HOUSTON-Cooper Cameron is moving from one TPMC Realty-owned building to another, taking 66,750 sf in Park Towers South, one of two structures totaling 540,000 sf. The Houston-based manufacturer is eyeing a September move-in for its office staff.
MIAMI BEACH, FL-American Riviera Real Estate Co., headed by Ronald Bloomberg, wants $1.5 million for a slightly more than a quarter of an acre parcel (12,500 sf) the city needs to complete its prized cultural campus. Commissioners vote on the price today.
CHANDLER, AZ-Denro Development has taken title to seven of 14 acres owned by Albertsons. The $1.05-million buy opens the door to construction of Copper Point Plaza, which will be anchored by 62,000-sf Albertsons.
JERSEY CITY-Gale & Wentworth is developing the $100 million project for owner MetroNexis North America, with Verizon, AT&T and Looking Glass Networks already signed on as tenants.
SAN DIEGO-Of the dozen new private schools being opened in Southern California over the next few years by the Pennsylvania-based company, at least one will be located in the San Diego area.
AUSTIN-The first of three possible tenants for a long-vacant 280,000-sf building at Bergstrom Technology Center has been signed. The Lower Colorado River Authority will move in to 61,119 sf come Aug. 1. Two pacts, totaling 140,000 sf, are pending.
ROSEVILLE, MN-The residential development firm says its backlog and new orders are down slightly during the quarter ending March 31. Company officials are nonetheless pleased. For the year, Rottlund's net income was up 44%.
VANCOUVER, WA-The $5.9-mil refinancing, arranged by Prudential Mortgage Capital Company on behalf of Fannie Mae, is for seven years and carries an interest rate of 6.78%.
DALLAS-The Realcomm 2001 team is lining up participants for the June 14-15 high-tech conference at Dallas' Adam's Mark Hotel. Seventeen associations are partnering in the effort.