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SOUTH KANSAS CITY, MO-The $2.6-million project includes construction of a third cardiac catheterization lab at the multi-building complex located between State Line
NEW YORK CITY-Sam Zell doesn't flinch easily--not in the face of recession. He told a crowd here yesterday the fundamentals of a strong real estate market will get the industry through the economic woes of 2001's first half.
PHOENIX-The suburbs of Tempe and Avondale have emerged as the frontrunners in the race to land a $335-million stadium for the Arizona Cardinals that will be built using mostly taxpayer funds.
CHICAGO- A contract to manage 100 million sf owned by Delphi Automotive Systems prompts the real estate services company to open offices in Singapore, London, and Juarez. Further expansion is scheduled later this year.
BOSTON-Beacon Capital Partners Inc. submits its proposal to develop the Midway District here on the South Boston waterfront. The $300 million plan will develop 1.75 million sf of space.
JUPITER, FL-The Illinois-based retail pharmacy chain receives technical approval on plans to extend a roadway from the Palm Beach Park of Commerce--a necessary step in getting an OK on final development plats. Jupiter is 75 miles north of Miami.
ATLANTA-The two-building, 310,500-sf Emerging Infectious Disease Laboratory will have a Hot Lab, one of only five in North America that will study viral and rickettsial diseases, AIDS, sexually transmitted diseases, tuberculosis, bacterial and mycotic diseases and hospital infections.
STAMFORD-An investment group led by the Malkin family says it took advantage of an unsettled capital-market environment and has acquired the 810,000-sf First Stamford Place office complex here from TrizecHahn.
OAKLAND, CA-The Alexandria VA-based luxury apartment REIT sells a 188-unit property here for $24.36 million. The company is netting $11.69 million from the disposition after paying off $12.66 million in debt on the property.