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TETERBORO, NJ-The venerable New Jersey broker, instrumental in the development of the Meadowlands submarket, ties into the international platform of Philadelphia-based Binswanger and UK- and Germany-based companies. The partnership will be known as Biswanger/Klatskin.
ORLANDO-The 45-acre fuel-storage facility in suburban Taft, FL is part of a $1.15 billion, 18-terminals nationwide package purchased by Kinder Morgan Energy Partners.
PORTLAND-The retail development company from Torrance, CA is close to breaking ground on a major renovation, expansion and repositioning of the "dead mall" at Southeast 99th Avenue and Washington Street.
CLERMONT, FL-Tampa, FL-based Westshore Development Group plans to break ground within 120 days on the first 500-home phase of Lost Lake Reserve, an ominous-sounding project that is going to bring 80 acres of commercial development, 600 apartment units, 2,500 new residents and take 10 years to build out in this once-idyllic community of 8,140 permanent residents. Clermont is 25 miles west of Downtown Orlando.
ORLANDO-It's almost a done deal, Orange County government staffers tell GlobeSt.com on condition of anonymity. The Newport Beach, CA-based turbine engine manufacturer is holding out for a $1.4 million tax concession over 10 years from the state and Orange County.
CORAL GABLES, FL-Forrest W. Robinson, a prominent commercial real estate professional for 25 years, joins one of Florida's largest high-profile developers in a surprise career move. Robinson resigned three weeks ago as Duke-Weeks' regional executive vice president of Florida operations. Coral Gables is part of metro Miami.
RALEIGH, NC-This is the second time the two firms have formed an alliance. Last July, Winston Hotels supplied $1.1 million to Noble for a 122-room Hilton Garden Inn in Atlanta, GA. The two hotels will cost an estimated $26 million.
KANSAS CITY-The company will manage two Firstar buildings in the city--Firstar Tower at 1101 Walnut St. and a building at 4900 Main St.--and is negotiating to purchase Overland Park Trade Center.
DALLAS-More apartment dwellers had stayed put in the wake of economic uncertainties that had interest rates rising, stock portfolios dwindling and job concerns rampant. Demand still failed to fuel hardy rent growth nationwide, says M/PF Research's quarterly analysis.