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NEW YORK CITY-The real estate services firm based here has been named the manager of 19 corporate sites for Metropolitan Life Insurance Company in a multi-year agreement. The arrangement becomes effective Jan. 2, 2001.
WENATCHEE, WA-Real estate sources say the Central Washington ski resort could sale for between $2 million and $4 million because it needs a $6.5 million upgrade and its owner would rather put the money its Schweitzer Mountain ski resort in Idaho.
AUBURN HILLS, MI - A small city continues to see an influx of new development; the newest entry is Patti Engineering, which is building its own HQ in the Detroit suburb.
CHICAGO - Based here, firm sells the 290-room property it acquired in 1998. The hotel is in the Westminster district of central London, and includes two restaurants and 14,000 sf of meeting and banquet space.
SAN FRANCICO-The Port and AMB negotiated their leases in 1999 before the market spike, and are reportedly leasing their space at $40 per sf. That's less than half what recently signed tenant Venture Law Group is said to be paying.
WINSTON-SALEM, NC-Big Hat Co., owned by developers Garry Merritt and Chris Chapman, plans preliminary site work next spring on a two-building, 700,000-sf center on 62 acres in Northbridge Business Park, 60 miles north of Downtown Charlotte. The estimated hard construction cost of the project is $42 million.
AUSTIN-A Colorado-based Web site operator for businesses has launched its first Texas data center, setting up shop in 30,000 sf at Austin's Met Center. Verio's next stop is Dallas, but not until January.
DALLAS-Harwood International has taken the first step toward an expansion of its LBJ Financial Center, buying an 89,745-rentable sf office tower on 2.6 acres that abuts its existing holdings near the prestigious Galleria mall.