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NEW YORK CITY-Following Mayor Giuliani's final State of the City Address promising to seek more private ownership and development of city-owned properties, a call is now out for RFPs on 16 sites.
TIGARD, OR-The Sacramento, CA-based land developer has under contract an eight-acre property on Pacific Highway here that one local broker describes as "an absolute 100% location." A former General Motors training center on the property will be replaced with office space if the deal closes.
FAIRFIELD, CT-Blackrock Realty LLC of Stamford has closed on the $5.9 million purchase of a 35.5 acre site here where it proposes to build a $250-million, 1.3-million sf commercial complex and a new Metro North train station.
SAN JOSE, CA-With energy providers under fire and unreliable power sources the order of the day in Silicon Valley, area leaders say the problem is a future topic of discussion -- but aren't providing any specific plans for building new facilities.
CLERMONT, FL-One of the suitors for the 30-year-old, former 68-bed South Lake Hospital, 25 miles west of Downtown Orlando, is Sam McDowell, a former Cleveland Indians pitcher who wants to convert the facility to a rest home for retired athletes.
CHATHAM, NJ-The financial services division, competing against New York-based and national brokers making inroads on its own turf, logged more than $200 million in deals last year.
SAN FRANCISCO-Cost-cutting measures implemented this week by Chicago-based marchFIRST Inc. call for reducing corporate expenses to roughly 10% of sales, reducing its workforce, and consolidating office locations.