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OAKBROOK TERRACE, IL-And it's doing so in a big way with a 430,000-sf lease. The transaction is said to be the largest in years for Chicago's west suburban market.
MIAMI-The two-year-old telecommunications and technology provider is attracting funding from private groups led by GE Equity, J.P. Morgan Capital and Banc of America Securities. TeleNova plans to grow its 60-employee staff to 110 by 2002.
SANTA ANA, CA-A Palo Alto-based investment group won out among 20 offers to buy the Applewood Apartments complex, which has 36 buildings and is 95% occupied.
BOSTON-Taurus New England Investments buys another building in Boston's financial district. The company, which has been in negotiations since March over the deal, paid $81 million for 345,000 sf.
SEATTLE-King County council members are drawing criticism for considering a revision to the county's comprehensive plan that would limit the size of non-residential buildings to 20,000 sf in rural areas.
PHOENIX-With votes cast for building a new stadium for the Arizona Cardinals leading those opposed by a 4% margin, the site selection process is already getting under way.
ATLANTA-HMI Enterprises keeps racking up acquisitions. This time it adds to its metro holdings with a 340-unit apartment community next door to one it already owns.