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WASHINGTON, DC-The 10,000-sf office building at 1215 19th St. may be small, but it certainly brings in the big bucks. The 19th Century structure, once the home of President Theodore Roosevelt, commands an astounding $480 per sf in its sale to Roosevelt Land.
PRINCETON, NJ-The 53,000-sf former government facility, which traded for just $57 per sf, will be upgraded to class A status by the new owner, which has been increasing its presence in the Garden State.
HOUSTON-Harris County Appraisal District will pay about $2 million per year for a 196,000-sf office building and parking garage along Northwest Freeway. Under the plan, Midway Cos. will turn over the deed for $100 when the lease expires.
DENVER-The $44-million, 14-story project by Sage Hospitality Resources LLC and Shames-Makovsky Realty Co. is the first new hotel to be built from the ground up in Downtown in 20 years.
SAN DIEGO-With design plans wrapped up, UP Inc. is gearing up to start the demolition phase of its new mixed-use development near Hillcrest. The project will bring a bit of Art Deco glamour to the block, as it involves the replication of a 1920s facility that currently stands on the site.
SOUTHFIELD, MI-Lawrence Technical University is naming its new student center in honor of shopping mall developer A. Alfred Taubman, who studied architecture there in the evenings while starting his real estate business.
PHOENIX-Work is underway on a 3,900-sf facility for the 800-acre Sonoran Foothills master-planned development. The center will open in October and represents one of the first brick-and-mortar rising from the massive development.
CORAL GABLES, FL-Lorenzo Ramos and Robin Garcia have joined the firm as project architects, while Tiffany Park joined as marketing director. The firm, based here, does architecture, master planning and interior design for health care, educational and transportation projects.
DALLAS-Two years in the making, the Pine Creek Medical Center will debut as a prototype 67,000-sf short-stay hospital and 32,000-sf class A office building on a 4.9-acre hard corner in the heart of the Medical District.
ST. PAUL-The Minneapolis-based nonprofit developer Central Community Housing Trust plans to renovate the vacant 100-year-old warehouse Downtown to create 61 units of affordable housing.