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DALLAS-G. Ronald Witten is leaving M/PF Research after spending 22 years to make it a leading multifamily data provider. Investment counseling is his new calling and he is negotiating for space so the venture can be up and running by month's end.
CAMBRIDGE, MA-Despite earlier reports that talks were stalled, Beacon Capital Partners, sells One Kendall Square to a joint venture of the J.E. Robert companies and Lincoln Property Co. for $192 million.
KANSAS CITY, MO-Black & Veatch will lay off 49 employees after a power plant project in the Aisa-Pacific region is suspended. The engineering firm has 3,500 of its 9,000 employees in Kansas City.
IRVINE, CA-John Miller, a 30-year real estate veteran, rejoins Legacy Parners after stint with Maguire Partners. Now back with Legacy, he will run the Southern California and Nevada operations.
BEND, OR-According to spokesperson for the would-be buyer, Mt. Bachelor Inc. is in early-stage negotiations for the sale of the resort to Powdr Corp., owner of the Park City Mountain Resort in Utah.
EAST RUTHERFORD, NJ-The sale of a South Jersey office portfolio and a rash of lease transactions by broker's Garden State offices ends "double-zero" pretty much as it began--with a high level of deal-making activity.
PHOENIX-A Phoenix-based land speculator continues to sell off its portfolio, with a $1.3 million sale of a parcel in Gilbert. Sharp drop in stock price caused company to move into the commercial lending business.
CHICAGO-Developers and city hall insiders say Alicia Mazur Berg, a 10-year veteran of the city's department of planning and development, has the people skills and deal-making ability to handle the top job.
LOS ANGELES-A privately held trust associated with the Hutton Foundation, which provides grants to nonprofit groups, has sold a 114,000-sf, mixed-use park in Riverside.
BOCA RATON, FL-Nearly 20 years ago, the TechCenter 051 Building became a focal point of top-secret, high-tech research around the time the manufacturing giant began development of the personal computer.