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BOSTON-The Boston city council has put off a symbolic vote on the proposed ballpark in Fenway but Mayor Thomas M. Menino's office wants the council to wait for all relevant information before making a decision.
ORLANDO-New York-born Harris Rosen, Florida's largest independent innkeeper with 6,000 rooms and another 1,500 on the drawing board, also plans to give the University of Central Florida a 20-acre tract to build the Rosen School of Hospitality Management.
ORLANDO-A consortium of international investors led by reclusive billionaire Joseph C. Lewis paid an estimated $10 million or about $4.36 million per acre ($100 per sf) for the block-long, 2.29-acre complex of empty storefronts in the center of Downtown.
LIVERMORE, CA-The Des Moines, Iowa-based investment firm already has inked a deal with Balch Enterprises. The land is located along the Interstate 580 corridor. It is zoned for warehousing, distribution, and research and development.
CHICAGO-A Jones Lang LaSalle subsidiary has formed a new disivion devoted exclusively to investment in medical office properties, calling the underlying fundamentals of that sector sound.
DETROIT- Detroit public relations firm will assist a commercial lending software manufacturer with marketing efforts. E-Cognita's products include software for real estate lenders and attorneys.
ATLANTA-ITW Mortgage Investments IV Inc. sold the midtown 28-story, 379,000-sf asset at 600 W. Peachtree St. for $35 million to CP Venture Three, a limited liability company comprised of Prudential Insurance Co. of America and locally-based Cousins Properties Inc.
CITY OF INDUSTRY, CA-The 2,533-acre Firestone Boy Scout camp, which has long been an environmental stronghold, has been sold to a City of Industry development agency.
WASHINGTON, DC-The joint venture partnership of Bernstein Companies Consortium Capital Fund and LMH Realty Group LLC has purchased 2100 M Street NW from 2100 M Street Holdings LP for $56 million.
DALLAS-A Dallas executive will be part of the ongoing Chapter 11 reorganization for Criimi Mae Inc., based in Rockford, MD. Michael Wurst of Meridian Realty Advisors is one of five appointments nationwide for an expanded board that will guide the operation to solvency.