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ATLANTA-Hotelier W.B. Johnson is bringing in partners J. Richard Stephens and Larry Martindale, while Morris Ewing Sr. is adding his two sons, Morris Jr. and Andy to round out the development and investment.
ATLANTA-The locally based firm acquired Amber Chase in the south end from a Moore & Murphy Co. affiliate for $63,920 per unit. The acquistion closes the company's $100 million SG Capital Master Fund.
HOUSTON-ACC Development has acquired a distribution site of the financially troubled Bridgestone/Firestone Corp. The 44,000-sf property, setting on two acres, is in the city's heavy industrial section near the ship channel.
HENDERSON, NC-The three-story, 67-room inn, built at an estimated construction cost of $10 million, is the Atlanta-based company's 14th location in North Carolina. The property is 160 miles northeast of Downtown Charlotte.
SEATTLE, WA-As its first step in building a portfolio in a new target market, the community shopping center owner has spent $40.05 million for two properties in the greater Seattle area.
PHOENIX-Two office buildings located in one of the most popular areas for office tenants have been purchased in separate deals by a Tempe-based investment firm.
SAN JOSE, CA-Pulling for their largest employer's 688-acre headquarters development, city officials here invalidated a petition drive that would have negated the City Council's unanimous approval of Cisco Systems' project and put it to a vote of the people.
AUSTIN-Trammell Crow is on a hiring binge, picking up a Georgia newcomer. The new hire has been assigned as a tenant rep associate in the firm's Brokerage Services Division.
PHOENIX-A local developer who has built more than 200,000-sf of office condominiums in north Scottsdale is now bringing a $5.4-million mixed-use development to Tempe.