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ALEXANDRIA, VA-A joint venture has purchased the 24,000-sf building at 815 Slaters Lane in Alexandria, and one of the owner's members has leased the building with plans to make it headquarters. National Media, an advertising agency plans to occupy the building in March 2001.
DALLAS-Ameri-First Financial Group Inc. is rolling out an aggressive national strategy that will land three securities offices and three Ramada Hotels into its portfolio. And, says the company president, a buyout of yet-another securities office is pending.
ORLANDO-The Woonsocket, RI-based retailer's planned 11,950-sf store and adjoining 5,000-sf office building didn't meet city code requiring a minimum 25,000-sf structure in the traffic-intense Vietnamtown District.
ROUND ROCK, TX-Developers of La Frontera, a 328-acre urban center being created from barren ranch land, have their sights set on the future now that the 809,748-sf retail component is open. In December, Kennedy-Wilson will start work on a 198,000-sf office structure.
LOS ANGELES-Cast & Crew Entertainment, whose clients include several studios and production companies, takes 23,500 sf in deal valued at $5.5 million.
MACON, GA-After increasing occupancy by nearly 30%, Ocwen Federal Bank is unloading Highridge Centre, a four-story, 195,252-sf asset just off Interstate 75.
BEND, OR-The State Advisory Committee on Historic Properties will review the nomination at two meetings, one today and another in February. If approved and consented to by a majority of the affected property owners, the nomination will be forwarded to the Federal level. A final decision is expected before next summer.