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HOUSTON-High oil prices mean a comeback of oil and gas executives to the city's ritziest neighborhood. Since Jan. 1, the oil barons have been the leading purchasers of estate homes, a dominance that hasn't been seen since the energy downturn.
DENVER-A lawsuit has been settled by the Lowry Redevelopment Authority, which is putting more than $1 billion into the former Lowry Air Force Base conversion into a mixed-use community. Under the deal, 70 units must be dedicated to housing homeless families.
PORTLAND-Sellers Bill and Carol Atherton purchased the building in 1990 for $500,000 after a bank had repossessed it. The four-story strucutre was constructed in 1872 as a warehouse and later converted to office space. It underwent a restoration and seismic upgrade in 1986.
GREENWICH, CT-Partner Reinsurance Co. of the U.S. is relocating its corporate headquarters at Two World Financial Center in New York City to 75,000 sf of space at the Greenwich Plaza complex in Fairfield County, CT.
CHARLOTTE-The 266-unit mixed-use asset, being developed at 309 E. Morehead St. by locally-based Summit Properties Inc., offers shelter space on seven levels above two floors of retail and office. The structure's exterior is finished. Interior work is being completed.