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BETHESDA, MD-Dan Hudson, Bankmark CEO, is the American Association of Bank Directors' new issues advisor and head of the new bank committee. The association will draw on Hudson's expertise to develop programs for new banks.
HILLSBORO, OR-In December, the Florida-based corporation acquired a 4.17-acre parcel once planned for a full-service Marriott hotel for $3.8 million. The company isn't yet talking, but sources Regency has preleased 80% of a planned 46,500-sf development.
ATLANTA-The locally based investment arm of Lane Co. sees acquistion and development niches throughout the Southeast even as economic slowdown persists. The firm has two new assets under contract, ready to close this quarter.
DETROIT-The institute holds four Detroit and five suburban firms up for honors, including Orchestra Place, Van Elsander Family Center, an addition to the Detroit Cornice and Slate Building and Center for Creative Studies/Ford-Kresge Building.
ATLANTA-State Teachers Retirement System of Ohio paid Dallas-based Champion Partners $12.2 million for the 100%-leased Eagle's Landing TradeCenter II, locally based Databank Inc. reports. Advanced Distribution Systems occupies the entire premises.
EDEN PRAIRIE, MN-Opus Northwest has its first tenant for its 138,000-sf office building set to open in June near Prairie Center Drive and Highway 5. Cardinal makes glass for residential windows.
SEATTLE, WA-Immunex plans to break ground on its new headquarters later this month. The 29-acre complex is expected to contain more than one million sf, with development costing as much as $750 million.
CHARLOTTE-The project,off Westinghouse Boulevard, expects to break ground this quarter on the first of four 250,000-sf buildings with 30-foot ceilings and multiple docking bays. The so-far unnamed park is on 70 acres at NC 49 and General Drive.
KANSAS CITY-Reid Teaney joins Cohen-Esrey Real Estate Services Inc. as senior vice president, coming over from Highwoods Properties Inc. He's also opened a St. Louis office for C.B. Richard Ellis.