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ANCHORAGE-The Staubach Company sourced the funds for the $104.6-million acquisition and structured the 20-year leaseback. Phillips acquired the building when the company purchased ARCO's Alaska properties in 2000.
HOUSTON-HyperDynamics is up and running with a 15,000-sf Integrated Technology Center. Everything that's needed for a mission-critical operation has been incorporated into the design.
KANSAS CITY-New electrical project engineer Mike Fiser and CADD coordinator Joseph Dorn have been assigned to the Lambeau Field renovation project in Green Bay, WI. Two other new hires were added to Ellerbe Becket's staff.
WASHINGTON, DC-Fannie Mae plans another series of redemptions next week, this time redeeming some 14 issues valued at $1.36 billion. Original maturity dates of the securities extend through 2011.
DALLAS-Texas has all the right genes for weathering a nationwide recession, say regional executives. Job growth is slowing somewhat statewide, but it's still far ahead of the rest of the Union. The state's diversification is the key to continued growth.
MINNEAPOLIS-The revisions clarify and give the city more review authority over paint color and landscaping. Buildings do not need be of a certain age to achieve historic status.
SAN DIEGO-A local holding company has completed a long-term financing arrangement for a 51,000-sf commercial building owned and operated by its wholly owned, San Diego-based subsidiary, Miramar Road Associates.
CHICAGO-Which is bad news for those locales that boasted only a few months ago that they were the centers of the tech universe. In downturns, it's nice to have eggs in a number of baskets.
HILLSBORO-Meanwhile, the Santa Clara, CA-based chipmaker has halted office development projects all across the nation -- including a $400 million project in West Union -- due to the slowing economy.