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PORTLAND-Danner is retianing retain its existing 30,000-sf boot manufacturing facility on Airport Way. What developer Catellus Development hasn't sold of the 214-acre corporate park is all but 100% leased.
VAN BUREN TOWNSHIP, MI-New industrial development breaks ground for a 200,000-sf warehouse and automotive distribution space. A second building is in the design phase.
MIAMI-National Residential Properties Inc. is expected to get nearly $4 million in construction financing from the First Housing Development Corp. for the Conquistador Plaza, a 60-unit apartment building planned for southwest Miami.
Washington, DC-After forming a federal financial advisory service arm to its government services group, Insignia/ESG named B. John Farmakides managing director. He will spearhead its government marketing program.
SEATTLE, WA-In a $7.86 million transaction, Microsoft co-founder Paul Allen adds a 1.5-acre former furniture store property to his $100 million in holdings near the southern shore of Lake Union.
ATLANTA-JDN Realty is trying again. The firm has named Lee S. Wielansky, co-founder of Midland Development Group, as president and CEO for its JDN Development Co. The company lost most of its top execs earlier this year and a replacement CEO in October.
DALLAS-The merged REpipeline and Photonics board meets Thursday to weigh the potential of six buyout deals. The aggressive take-over plan is aimed at setting up a "one-stop shop" for the commercial real estate industry.
SAN FRANCISCO-The company, currently located on Oak Port Street, has already brought on six new agents and plans to hire several more. The location of the new Oakland office is still undecided, but will be Downtown, says one company source.
HOUSTON-Tweeter has signed for its third spot in the Houston area as the tenant's broker searches for space in two more city submarkets. Meanwhile, high-fashion retailer Soho is making plans for a new store in Woodway Village.
CHARLOTTE-Vacancies are expected to rise with seven products totaling one million sf under construction. The current 10% vacancy level could reach 12%, a level that doesn't seem to concern market watchers here.