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CHARLOTTE-Gateway Homes plans a mixed-use community on 10.6 acres at North Davidson Street and Craighead Road on the fringe of uptown. Homes of 600 sf to 1,100 sf will sell for $80,000 to $120,000.
ORLANDO-The Florida offices of the Indianapolis, IN-based developer were named Outstanding Developers of the Year for breaking ground on 1.6 million sf of office and distribution product with an estimated value of $200 million during 2000.
WASHINGTON, DC-Fannie Mae is redeeming $250 million in recallable mid-term notes with a maturity date of July 2, 2012. The redemption date is Jan. 2, 2001. The company says it's an issue of cost-effectiveness.
HUNTINGTON BEACH, CA-City officials present development partners with award for helping to save the valuable "Seacliff Shore Birds" art collection, which has already been relocated from a shopping center to City Hall.
NEW YORK CITY-The question and answer period of a conference call yesterday (Thursday, Dec. 21) to discuss the impact of the late-night signing of the deal for stockholders had officials on the defensive.
SAN RAFAEL, CA-SOMA Living store is establishing a presence in Marin County with a 5,000-sf ground-level lease. The store is one of 14 to be opened in the Bay Area and 400 nationwide over the next decade.
CARY, NC-To save on real-estate costs, the area's largest corporate employer is moving from 180,000 sf in Weston One, a 220,000-sf building in Weston Business Park and 141,000 sf in Research Triangle Park. The workers will be housed in nearby offices IBM either owns or leases. Cary and Research Triangle Park are 200 miles northeast of Downtown Charlotte.
SEATTLE-New York City-based Aegis Realty Inc. is acquiring 19 community shopping centers from Dallas, Texas-based P.O.B. Montgomery & Co. and its investment partners, as well as P.O.B's ongoing development business.