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ORLANDO-Bill Heard Chevrolet, operator of 14 mega showrooms from Phoenix to Atlanta, is opening his newest location on 36 acres at Interstate 4 and State Road 46 in Sanford, FL, 25 miles north of Downtown Orlando.
FT. WORTH-Crescent Real Estate Equities is basking in the glory of six resorts copping top industry honors for the "best of the best." The Woodlands Resort and Conference Center is one of the Crescent projects that has taken home the gold.
FORT LAUDERDALE, FL-Bank of America is giving the locally-based flower retailer a new $7-million line of credit through February and, along with other lenders, is extending total debt payments of $16 million to June 2002 from February and May 2001.
GRANITE FALLS, WA-The division of locally-based Miller Shingle Co. will close its doors early next year, eliminating 170 jobs in Arlington and Oso because of the high cost of raw logs and the low prices for finished lumber.
SEATTLE-Previous reports have Nordstrom moving to a building now under construction at Seventh Avenue and Olive Way, but the leasing agent for its existing location says the retailer is in negotiations to extend its 260,000-sf lease.
ATLANTA-Harbour Point Estates Inc. of suburban Alpharetta, GA paid $12.4 million for Chapel Hill Commons, a month-old, 101,000-sf property anchored by a Kroger supermarket. The sellers were developers Trammell Crow Co. and Faison Enterprises.
STAMFORD, CT-The Ashforth Co., a real estate investment firm based here, has paid approximately $61 million for the 480,000 sf Valley Forge Office Center complex in King of Prussia, PA.