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TACOMA, WA-Having spent a year and $3.4 million assembling its requisite four-acre parcel in the central business district here, Deuce Vision LLC is moving closer to its long-term goal of a master-planned, office-retail-residential development.
PHOENIX-The area along I-17 near the Loop 101 will be getting a 475,000-sf back office and warehouse project. The popularity of this area with developers has gotten a boost with the opening of Loop 101.
FAIRHAVEN, MA-Heyman Properties purchases Fairhaven Common, a retail center here, for $16.7 million. This is the company's second shopping center acquisition in 18 months.
ORLANDO-The 14-year-old, locally based firm racked up a record $28.9 million in sales last year, selling everything from corner pizza parlors to million-dollar real estate assets. This year, the firm is aiming for $40 million, an unprecedented figure in the Florida brokerage industry.
CHICAGO-The Federal Government provides $384 million for reconstructing a CTA elevated line serving the West Side and neighboring Cicero, helping preserve the market's "superior public transportation system.
ORLANDO-A joint venture of Cigna and Interstate Hotels Corp. has bought the 508-room Sawgrass Marriott Resort in Ponte Vedra Beach, FL from Resort Holdings I Ltd. and PV Resort Inc. for $200,787 per room.
GARLAND, TX-A Dallas-area man has secured one of the last big parcels of undeveloped land along Pleasant Valley Road near the George W. Bush Turnpike. Land in that part of Garland has been bringing upward of $19,500 per acre.
HOUSTON-A senior real estate professional has returned to the Grubb & Ellis fold after a seven-month sabbatical to re-start a former business. Doyle Toups says he's back because he misses the team. He now holds title to senior vice president.
MINNEAPOLIS-Change at the top will shift the focus to enhancing the architecture firm's image for creativity. The firm is known for expertise in hospitals and ambulatory clinics, sports stadiums and arenas.