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HOUSTON-Two tenants at San Felipe Plaza have signed lease renewals totaling 21,411 sf. Staying put are Elf Trading Inc., a subsidiary of Total FinaElf and the law firm of Manning, Gosda & Arredondo.
FORT LAUDERDALE, FL-The locally-based developer attributes weak market demand in its decision to consider repackaging loans on the $30-million, 214,000-sf project. Still, demand by national retailers for more space continues at the Pembroke Pines, FL site.
GRAND PRAIRIE, TX-The Ramsey Family LP, based in El Paso, has bought its first holding in the metroplex. The 45,000-sf building in the Great Southwest Parkway Industrial Park has fetched between $1.3 million and $1.6 million.
EDISON, NJ-A 105,000-sf property is moved out of the Archon Group's portfolio. Most of the property is occupied by consulting, association and technology-related firms. C&W represented the seller in the deal.
MINNEAPOLIS-Three schools are eyeing the old Fort Snelling buildings as a campus. Now owned by the state's Department of Natural Resources, the fort has 28 buildings totaling 500,000 sf on a 141-acre site overlooking the Mississippi River.
NEW YORK CITY-The REIT is moving to sell its non-core retail assets, commercial properties and garden apartment communities so it can concentrate on neighborhood and community shopping centers.
OVERLAND PARK, KN-The Corporate Woods business park here is getting a new Web site listing its available space, building designs, floor plans, concierge services and other information.
NEWARK, CA-Danville-based Trumark Commercial will purchase 23.5 acres in the 90-acre Stevenson Point Tech Park here for development of a six-building office/R&D project. Current park tenants include Nortel Networks and Vina Technologies.