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OAKLAND, CA-Versata will reportedly pay an annual fee of $39 per sf for their new 75,000 sf space. The company hopes to add another 25,000 sf to its total when more space in the building becomes available.

SAN DIEGO-REIT's troubles continue as Carlsbad firm terminates agreement to buy 19 shopping centers as part of liquidation plan.

HARRIS COUNTY, GA-California developer William R. Phillips is buying the 4,000-acre Callaway Farms, about 100 miles south of Atlanta, from Cason J. Calloway Jr. for an undisclosed sum. The deal is expected to close by year end.

NEW YORK CITY-The 52,100 sf facility outside of Houston was purchased for about $7.3 million.

ORANGE COUNTY, CA--Developer Legacy Partners expects to complete its Mission Ridge office complex by month's end. The project features two four-story office buildings with a total of 232,000 sf.

NEW YORK CITY-The new officials, formerly principals of Accord Properties Associates, will serve as COO, EVP of acquisitions, and president of Tarragon's residential property subsidiary.

ALEXANDRIA, VA-A joint venture has purchased the 24,000-sf building at 815 Slaters Lane in Alexandria, and one of the owner's members has leased the building with plans to make it headquarters. National Media, an advertising agency plans to occupy the building in March 2001.

DALLAS-Ameri-First Financial Group Inc. is rolling out an aggressive national strategy that will land three securities offices and three Ramada Hotels into its portfolio. And, says the company president, a buyout of yet-another securities office is pending.