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PHOENIX-A local food distribution company has purchased a 65,500-sf warehouse/office in the west Valley where it plans to expand it distribution business.
PORTLAND-The funds are used to fill financing gaps and assuage the concerns of other lenders with regard to the usually not-so profitable projects that assist those in need and help the city meet affordable housing goals.
NEW YORK CITY-What made the 16-story apartment rental attractive was that 75% of the buildings in the area have been converted to cooperative or condominium ownership.
LOS ANGELES-Already one of LA County's largest developers, the company unveils plans for nearly 1.4-million-sf, mixed-use project in Orange County community of Buena Park. Spec will be part of the mix.
HOUSTON-The city's CBD is riding high on a development wave. The energy industry, empty nesters and companies seeking in-town advantages are behind the boom. In the past five years, rents have jumped as much as $12 per sf.
NEW YORK CITY-Most of the 811,182-sf building, which is 99% leased, is occupied by Mellon Bank. The class-A facility earned a National Preservation Honor Award after if was renovated.
DANBURY, CT-Lutchansky Communications, a public relations firm that specializes in enterprise and consumer technology, reported that it has officially opened its office here at 36 Mill Plain Rd.
DENVER-The sales are done now it might be time to buy, says Denver-based Amstar, which is scouting major metro markets for possible acquisitions. Gone from Amstar's portfolio are four luxury communities in California and Florida, bringing in $135 million
DALLAS-Two well-known Dallas real estate figures have been selected to head up Champion Partners' investment and fiscal operations. Along with the roles come senior partnerships for Stephen M. Modory and Michelle Wheeler.