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The lease extension transaction comes after Denholtz Properties completed last year a $500,000 capital improvement project at the two-story, 54,599-square-foot Class-A office building.
The redesign of The Green which will feature more than 2,000 individual plants, 20,000 pounds of natural, locally sourced stone, and 2,000 square feet of sodded lawn
The gaming board report later notes that the amount of profit relative to total development costs, inclusive of licensing and reconciliation fees, would be at best result in a 1% or 2% return annually, which is not an acceptable rate of return for a casino developer on a greenfield project.
Taurus Investment Holdings has acquired the Mezzo at Tampa Palms in the exclusive Tampa Palms community from Preston-Giuliano Capital Partners in a deal that calculated out to $173,529 per unit.
Urban Renaissance Group and real estate investment firm Iron Point Partners recently sold the 548,704-square-foot SeaTac Office Center to a partnership between San Francisco-based PCCP LLC and URG.