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KANNAPOLIS, NC-The automaker's facility will be on 23 acres in Motorsports Park, a 217-acre venture being developed by Whitley & Co. The park will offer 38 buildable tracts at $80,000 to $250,000 per acre ($1.84 per sf to $5.74 per sf).
MINNEAPOLIS-The REIT plans to focus on its RESoft online software management business, so it is selling its interest in the property to an investment group comprised of a Stonehaven trustee and executives of the property's largest tenant.
OAKLAND, CA-The San Francisco Bay Conservation and Development Commission will let Oakland reuse half the prime waterfront property for office, industrial and shopping. The port will use the other half for expansion land.
BLOOMINGTON, MN-The eight-year-old mall's 5.5 million sf second phase could eclipse the first, which at 4.2 million sf, makes it the nation's largest retail-entertainment complex. Bausch now oversees that expansion.
HERNDON, VA-AOL recently finished renovating 20,000-sf of office space here according to information released by Bognet Construction. Renovations include conference room, office space, computer labs, reception area, elevator lobby and electrical upgrades.
KENT, WA-To accommodate a consolidation with its recent acquisition of Circle International, Eagle Global Logistics is leasing a 75,591-sf industrial-flex building at AMB Property Corp.'s Harvest Business Park, bringing the three-building complex to full occupancy.
OLATHE, KN-The school district athletic field will be built at Lone Elm Road and College Boulevard after city officials weighed in with plans for commercial properties and business parks for the board's first choice.
MIAMI-The coverage by Converge Services Group and Bankers Insurance Group enables property owners to charge tenants a reduced deposit fee but still maintain security over the premises in the event of damage.
NEW YORK CITY-Lehman Brothers brings its total lease at the Brookfield Properties building to 563,000 sf with a new 20-year lease. Brookfield represented itself and Insignia/ESG represented the tenant in the transaction.