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BOSTON-Recent city assessments increase the value of the land that comprises the site of the proposed new ballpark in Fenway. The team has been struggling to finance its share of the project and the increase in land values further complicates their plans.
DALLAS-In a quiet change of guard, the North Texas Commercial Association of Realtors has replaced its executive vice president with a nonprofit veteran, sans a commercial real estate background. NTCAR also has absorbed its Central Texas counterpart.
EDISON, NJ-Two leases fill up the fifth floor, which was rebuilt by the owner to turn a single-tenant space into new digs for two computer services companies.
SAN DIEGO-Builder puts finishing touches on a 195,000-sf office building in Mission Valley. The six-story, $13.8 million facility includes a parking lot for 675 vehicles.
RICHMOND,VA-Charter One Mortgage Corp. is planning to move its national headquarters to a more than 90,000-sf office building at Colonial Place at Virginia Center when the new site is finished.
BLOOMFIELD, NJ-A cable company and wireless service provider will relocate from area sites to Alfieri's Central Park Corporate Campus. CB Richard Ellis is brokering the two deals for the owner.
STONEHAM, MA-Despite the recent downturn in the high-tech sector, Gutirrez Co. has filed plans with state environmental officials to develop an executive park on the grounds of the former Boston Regional Medical center here.
FEDERAL WAY, WA-The buyers were Costco, which bought five acres, and an unnamed Beverly Hills-based family that purchased 12.89 acres - one of the local development's only remaining undeveloped parcels.
TALLAHASSEE, FL-The New York-based real estate investment company paid Acadia Realty Trust $62.87 per sf for the 501,000-sf, fully-leased Northwood complex largely occupied by state agencies.