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LEBANON, OR-C.R. Kearns, chairman of the locally based, publicly traded company predicts the addition the two properties and three others earlier this month will increase the company's annual revenues to more than $6 million in 2001, a 71% jump from 2000.
TUSTIN, CA-A Newport Beach-based family trust purchased the Tustin Freeway Center and has since allowed the trustee to open an antique store in the complex.
MINNETONKA, MN-The 167-room hotel in what the hotel chain considers an underserved market will be connected to a major business park under development as well as an underground railway providing service to Oslo.
ORLANDO-Darrell Kelley, president of the 30-year-old Economic Development Commission of Mid-Florida Inc. and a retired Sprint Corp. executive is resigning to get into unspecified entrepreneurial activity. Jeffry Fuqua replaces Mel Martinez as chairman of the Greater Orlando Aviation Authority. Martinez is the new Secretary of the U.S. Department of Housing and Urban Development.
SANTA CRUZ, CA-The University of California branch here is planning to add housing for about 725 students by opening residence halls and modular housing, as well as leasing rooms at a local hotel.
ST. LOUIS-Dallas-based Rosewood Hotels & Resorts will oversee the luxury 249-room hotel, bought by the private investment firm with more than $2 billion in property holdings around the world.
ORLANDO-Realvest Partners Inc. founder George L. Livingston says overseas corporations are shedding assets to clean balance sheets but the high yields investors have been garnering may be coming to an end.
SANTA CLARA, CA-Gary Roberts, formerly senior account manager with Union Bank of California's Real Estate Industries Group, is the new manager of SVB's Real Estate Lending branch, giving him responsibility for its entire commercial real estate lending practice.
DENVER-A prestigious list of newcomers is heading to Cherry Creek Mall to fill a vacuum from a handful of vacating retailers. The latest to sign is Cartier, who will join rival Tiffany as a Taubman Co. tenant.
DALLAS-Everybody's got to have their space; and a deal is still a deal, regardless of size. Two leases, each under 3,000 sf, have been inked in Richardson and Arlington while a 10,730-sf commercial strip in McKinney is under new ownership.