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RALEIGH, NC-California investor Herbert Kendall paid $17.4 million for the 120,000-sf, one-year-old Lucent Technologies Building on North Carolina State University's centennial campus. Duke-Weeks built the structure last year for $100 per sf.
AUSTIN-WhisperWire will be marking its second operating year by opening offices in Dallas and Denver within six months. The company's Austin headquarters is in 10,000 sf along N. MoPac Boulevard.
CARROLLTON, TX-It's not the weather, but the business that has a southwestern Pennsylvania firm doing a lock, stock and barrel move of its headquarters. By month's end, Cerdec Ceramics will be occupying 27,624 sf at Valwest Business Park.
PORTLAND-If the Metro Council's forecast is accurate, come 2025, more than 809,000 people will spring up in the four county-area that includes a portion of Southwest Washington. The study also predicts a 120% jump in home prices.
EVANSTON, IL-A multifamily property immediately northeast of Northwestern University's football practice field in this North Shore suburb on Chicago's border has been sold to a partnership for a reported $7.925 million.
LOS ANGELES-Opus West starts 132,800-sf speculative office development in Westlake Village, betting that demand in the county's emerging "technology corridor" will remain strong.
KANSAS CITY- Gould Evans Goodman Associates has promoted Elizabeth Garvin, Chris Talbert and Tim Woofter. Their experiences range from development, information systems and designing banks, schools and medical facilities.
WASHINGTON, DC-Allegheny Energy Inc. and PPL Corporation now own Potomac Electric Power Company's share in the coal-fired Conemaugh Generating Station near Johnstown, PA. The $156 million deal settled Jan. 8 and allows Peco to diversify operations.
ORLANDO-In the highest per-sf land deal Orlando's largest business park has recorded in 37 years, TT of Sand Lake Inc. paid Orlando Central Park Inc. $3.6 million for a 6.55-acre tract that will house an undetermined franchised dealership.