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GREENWICH-The investment banking firm has promoted George Davala to managing director and head of asset-backed sales at its corporate headquarters here.
EUGENE, OR-The plans, submitted to the city by a local family here, do not name the would-be occupant, but its size and expandability match plans the ubiquitous warehouse retailer has in the neighboring city of Springfield.
SAN FRANCISCO-Locally-based Pacific Coast Capital Properties joins forces with San Jose-based Orchard Investors LLC and New York-based Blackstone Real Estate Advisors join forces to pay $108 million for more than 500,000-sf.
WASHINGTON, DC-The Bernstein Cos.' Consortium Capital Fund, in a joint venture with DRI Partners Inc. and CG Investments Inc., provided equity funding for the $12-million purchase of a 44,833 sf parcel of land at the corner of Massachusetts Avenue and 5th Street, NW.
CHEROKEE COUNTY, GA-Restaurant and Retail Developers Inc. of Kennesaw, GA plans a first-quarter ground-breaking in this fast-growing North Georgia county, 35 miles northwest of Downtown Atlanta.
WHITE PLAINS-Starwood Hotels and Resorts has sold three hotels in Denver, Albuquerque and Atlanta for $16 million and has another two hotel properties under contract for an additional $30 million.
NEW YORK CITY-The shopping center REIT has sold four shopping centers and its interest in a redevelopment site for $124 million. Its seven remaining assets are up for sale.
FORT LAUDERDALE, FL-Stiles Retail Group is also marketing the 12,000-sf free-standing retail outparcel building fronting South Federal Highway in Pompano Beach, 32 miles north of Downtown Miami. The shopping center is expected to be completed by the first quarter.