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CHICAGO-In a deal that involves several office, industrial and retail property in the Atlanta market, Banyan Strategic Realty Trust has agreed to sell its entire portfolio to privately-held Denholtz Associates.
BALTIMORE, MD-Fujitsu Network Communications will soon be occupying 46,000-sf in the International Trade Center near the Baltimore Washington International Airport, according to officials from MIE Properties. The company will occupy 2409 Peppermill Dr.
LEAWOOD, KN-A local equity fund with offices here in Johnson County and another in Memphis is digging into the food manufacturing market. Plaza Belmont Management Group has acquired Wichita-based food manufacturer CPI.
ATLANTA-The estimated $175-million deal for the three-building, 886,000-sf Atlanta Financial Center is expected to close by March. Overseas Partners Capital, the seller, bought the 97%-leased asset in 1996 for $123 million.
SPRINGFIELD, OR-The company's existing area operations consist of 160,000 sf of leased space in five seperate buildings near in downtown Eugene, Springfield's better-known neighbor to the west. Two of the buildings are former department stores that Symantec connected with a skybridge.
SACRAMENTO-Gov. Gray Davis asks California commercial and residential owners to cut back on power consumption 7% by turning out lights when a room is empty or shutting computers off when not in use.
AUSTIN-Noted architect Antoine Predock will be unveiling his $37-million design of the proposed Austin City Hall. The first of several presentations this week takes place from 7 to 9 p.m. at Austin Energy's Town Lake Center.
PLEASANTON, CA-Wente Brothers is now proposing a plan that would allow them to rebuild the winery and use the building for storage space and tasting room, and eventually a full-blown winery operation.
AUSTIN-A state capital-based communications service provider is headed to Colorado Springs, CO to set up its second location in 10,000 sf. Ineto plans to split its workforce between Austin and Colorado Springs.
PHOENIX-The first of dozens of supermarkets up for sale in Arizona have been taken off the market, with the purchase of 11 of them by Safeway. Forty more are on the chopping block.