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WASHINGTON, DC-Kem S. Courtenay and Harry J. Klaff bring experience in strategic real estate planning and serving needs of high-tech firms to their new posts at commercial real estate firm.
AUSTIN-It's too soon to tell whom, but a national retailer is eyeing a 62,000-sf plaza along Texas 183. The Trammell Crow-managed property is owned by Albertsons, which has relocated to a new store just down the road.
SOUTH BRUNSWICK, NJ-Product category has emerged as the hottest item on the Garden State's real estate landscape, with significant new construction and plenty of leasing activity.
LOS ANGELES-New agreement between brokerage firm and dot-com provides 1,500 CB Richard Ellis brokers with expanded database access, other online services.
NEW YORK CITY-Al Ratner, co-chairperson of Forest City Enterprises, spoke with GlobeSt.com about the Times Square project that will be a joint venture between The New York Times and his company.
EVERETT, WA-In a partnership between the private developer and the military made doable by the National Defense Authorization Act of 1996, 288 on-base townhome rentals will be constructed to provide additional, affordable housing for military personnel at the Naval station here.
ORLANDO-CalEast Industrial Investment buys top-grade Center of Commerce, an 11-building, 93%-leased asset, from Principal Capital Real Estate Investors and Petula Associates Ltd. for a total $123,333 per acre or $2.83 per sf.
NEW YORK CITY-TMW, a German investment group, has purchased the majority of interest in the building known for its Art Deco design--even given a nod in the musical, Annie. Tishman Speyer and Travelers Group will retain the other 25%.
SAN DIEGO-The San Diego County Taxpayers Association has joined San Diego mayor Dick Murphy and ballpark proponents in endorsing a new financing plan for the stalled project.
WILTON, CT-The Davis Cos. report that the Wilton has granted the firm final approval for 200,000 sf in new office development at its $90-million Wilton Corporate Park.