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SAN FRANCISCO-Owners Shorenstein Company and Bank of America Corp. could fetch as much as $1 billion for the 52-story landmark and two related buildings that make up Bank of America Center.
DENVER-Construction crews descend on a site for a $62-million performing arts center being built at the University of Denver. The 181,000-sf first phase carries a fall 2002 delivery date.
DALLAS-In a spirited round of leasing activity, the Dallas office of Grubb & Ellis Co. has sealed deals on 68,829 sf of industrial space and 19,839 sf of office space in the metroplex.
HOUSTON-Williford Property Group will be overseeing Heritage Park Phase I, a two-story, 107,400-sf office building at 390 Benmar in the Great Greenspoint Management District. The one-year-old building is owned by McCaslin Development of Dallas and leased by Cushman & Wakefield's Houston office.
ORLANDO-GoCo-op is designing an electronic procurement system that will allow hotels in Latin America and Europe to shop for supplies on the Internet. The system will be used by HotelnetB2B.com which projects near-future sales of $1 billion.
STAMFORD-RiverOak Investment Corp., a recently formed real estate investment fund, has purchased its first property, 200 Central Ave., in Hartsdale, NY, for $4.8 million.