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EDISON, NJ-J.P. Morgan Chase & Co. subsidiary will take over a $15.8 billion mortgage loan servicing portfolio with more than 200,000 customers, plus other assets.
HOUSTON-LASV Enterprises is proceeding with plans to buy the Hilton in El Laguito, Cartegena, Colombia. The plan calls for incorporating a casino into the recently expanded 289-room facility.
AUSTIN-Prentiss Properties has 69% of its Barton Skyway III and IV projects leased as a result of two recent signings. The under-construction office buildings will deliver in the spring and fall, respectively.
SAN JOSE-Despite having the necessary approvals, a successful petition drive means the networking giant's $1.3-billion, 20,000-worker campus will be up to city residents now -- as early as April or as late as March 2002.
CHICAGO-Despite the city's preference for industry and the jobs it brings, some real estate practitioners can envision the 2-million-sf Brach & Brock Confection plant redeveloped for retail, housing and smaller industrial uses.
ATLANTA-Hotelier W.B. Johnson is bringing in partners J. Richard Stephens and Larry Martindale, while Morris Ewing Sr. is adding his two sons, Morris Jr. and Andy to round out the development and investment.
ATLANTA-The locally based firm acquired Amber Chase in the south end from a Moore & Murphy Co. affiliate for $63,920 per unit. The acquistion closes the company's $100 million SG Capital Master Fund.
HOUSTON-ACC Development has acquired a distribution site of the financially troubled Bridgestone/Firestone Corp. The 44,000-sf property, setting on two acres, is in the city's heavy industrial section near the ship channel.