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ATLANTA-A major Hines Interests Inc. development is replacing a planned office building with an 18-story, 200-unit apartment complex. Locally-based Harbor Cos. is breaking ground in the second quarter on the first of two planned high-rises.
CRANBURY, NJ-Three office facilities, acquired in 1998, were extensively renovated and re-leased to get them ready to sell at the right time, which just happens to be now.
SOUTH SAN FRANCISCO-The San Mateo-based company, in a joint venture with local developer Harvey Chapman, pick up three buildings along Gateway Boulevard, where Raiser already has substantial ownership.
BOSTON-Opposition to the proposed 47-story tower at South Station here has increased as a local preservationist group throws itself into the controversy by contending that the building will destroy the historic station.
SOUTH SAN FRANCISCO-The joint venture has secured environmental and design approvals for a major mixed-use project that will include 600,000 sf of office space, a 350-room hotel and 20,000-sf of retail space. Groundbreaking is scheduled for early 2001.
LOS ANGELES--Lowe Enterprises represents East Coast retirement fund in $50-million office purchase in El Segundo. The pair will build an additional 90,000 sf on an adjacent parcel.
DALLAS-End-of-the-year appointments are being made at Crescent Real Estate Equities and Transamerica. Crescent gets a new vice president and CIO plus a new leasing manager while Transamerica lands a COO.