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SOUTHFIELD, MI-The real estate company promotes two senior brokers and hires two more to boost firm production. Mark Collins is senior vice president and Stephen Kurtz is first vice president.
NEW YORK CITY-Rented properties with no more than 25% debt that have leases rolling over on a regular schedule and feature a geographical and tenant/industry diversification offer an excellent returns on a risk-adjusted basis.
TOLEDO, OH-Health Care switches management of properties by Summerville, which wanted closer care of its facilities. The management portfolio had been located on the East Coast and Southeast.
LOS ANGELES-Pacific Theatres Realty has changed its name to Robertson Properties Group to more accurately reflect the real estate company's diverse holdings.
ATLANTA-The Atlanta Commercial Board of Realtors plans to have it first Internet information service up and running by the fourth quarter. Members are expected to pre-pay for the data.
KIRKLAND, WA-With the face of the Eastside office space darkening under the shadows of a dot-com plague and the slowing economy, many are watching the listing of this prime property to see what the current market will bear.
TAMARAC, FL-Suddath Relocation Services has signed a letter of intent to buy the building on a 17.6-acre property for an estimated sale price of $6.9 million. This west-central Broward community is about 30 miles north of Downtown Miami.