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RADNOR, PA-In a deal expected to close by the end of the first quarter, Rubenstein Co. LP is contracted to purchase Wyeth-Ayersts' 17-building, 1.4-million-sf office/research portfolio here. Wyeth-Ayerst headquarters will move to Collegeville, PA.
ORLANDO-Daryl M. Carter, wearing several corporate hats and acting as trustee of two land entities, acquired two tracts totaling 36.6 acres for $1.61 million in Deltona, FL, 35 miles north of Downtown Orlando, and bought a 6,220-sf medical office building in Orlando for $609,000 or $97.90 per sf.
ANAHEIM, CA-Downtown Disney, a 300,000-sf retail, dining and entertainment complex opened last week with a mix of Disney-owned tenants, movie theaters, restaurants and boutique shops.
KANSAS CITY-Three new Ellerbe Becket employees, structural engineers Jonathan Conrad and Kevin Huffman as well as intern Jason Simpson have worked on stadium and arena projects in San Antonio, Green Bay and Miami.
AUSTIN-Four Trammell Crow employees, representing a combined 62 years of commercial real estate experience, have been promoted to principals in the Austin office. Promotions have gone to Jamil Alam, Becky Heston, Charlie Northington and Kelly Shaw.
KIAMESHA LAKE, NY-After a contentious few weeks, developer Louis Cappelli's firm is back on track to begin construction on the redevelopment of the Concord Resort and Golf Club by late April or early May.
HILLSBORO, OR-In two transactions toward the end of a very profitable 2000, the maker of semiconductor test equipment quietly acquires the two office buildings it was leasing from PacTrust in Five Oaks West and 36.24 acres of expansion land.
BRIGHTON, MI-Atwell-Hicks, an environmental research firm, enlists the aid of Kirt M. Andersen, previously a civil engineer at Dietrich Bailey & Associates, where he worked on municipal projects in Burlington, NC.
WASHINGTON, DC-Carr Capital Corp. brokers $3.4 million re-financing at 7.27% for a 32,011-sf office building in Cascades Executive Center on South Lakes Drive for an affiliate of the Reston, VA-based Walker & Co.