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PORTLAND-A private grand-opening party for tenants and invited guests of Tom Moyer's 27-story office building in Downtown Portland is planned for Oct. 25. This week, the 10-screen movie theater and a Banana Republic store open.
CHARLOTTE-The Meridian Group of Bethesda, Md. paid $47.53 per sf for the 11-building, 1.9 million sf office, warehouse and manufacturing campus in the 3,200-acre University Research Park in this city's northeast submarket. IBM remains as the lead tenant. The deal is one of the area's largest of its kind this year.
DALLAS-A real estate veteran in accounting and acquisitions is the new CFO for Dallas-based Cencor Realty Services. Randall E. Woodruff most recently has served as real estate acquisitions director for G.E. Capital
FORT LAUDERDALE, FL-This city's increasingly unfriendly attitude toward lofty Downtown construction has led the Related Group of Florida to drop its plans for a 38-story apartment tower on East Las Olas Boulevard.
NEW YORK CITY-The week begins with things appearing dismal for technology companies after last week's market closed. The Pegasus INTDEX closed last week down 29.7 points and the NASDAQ finished down 311.8 points. New York-based Pegasus warns that the worst is yet to come.
PHOENIX--One of the largest hospital companies in the country plans to build a $30-million hospital in the far East Valley and is in final site selection phase.