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KIRKLAND, WA-The Kirkland-based developer is building a 62-room extended-stay hotel atop an existing one-story building. The five-year-old project has been delayed due to a building moratorium.
SUGAR LAND, TX-A New York investment adviser has bought the 170,000-sf Offices at Kensington from Sugarland Properties. Aetna is the lead tenant at the fully leased, two four-story buildings.
ORLANDO-Friday is Decision Day for the 13-member Florida Board of Regents to select one of three cities for Florida A&M University's 120,000-sf College of Law building. Orlando, Tampa, FL and Lakeland, FL are the finalists. Daytona Beach has dropped out. The law school will be part of a $1 billion commercial redevelopment program planned for Downtown.
STAMFORD, CT-Recently vacated when several divisions of New York State relocated, all 66,000 sf of 1515 Summer St. are now on the market. Features include more three parking spaces per 1,000 sf leased.
PHOENIX-Quiet Cave Creek, a suburb of Phoenix, could see one-third of its commercial land taken up by a mixed-use development that would include a 250-room hotel and up to 432,000 sf of commercial space.
WASHINGTON, DC-Ocean Properties may become the new owner of the Hilton Garden Inn next year for a purchase price estimated at $48 million. The property just opened this past February.
EUSTIS, FL-The Charlotte-based utility says the site, 32 miles northwest of Downtown Orlando, is ideal because of a nearby natural-gas pipeline. But residents fear the planned 640-megawatt plant would use too much water.