GlobeSt.com has confirmed with the Boca Raton, FL-based Agusthat the deal's done for the 2711 N. Haskell Ave. block, but alldealmakers say details need to come from president Jonathan Agus,who wasn't available for comment prior to press time. On theAshkenazy Acquisition Corp. front, Rick Greenberg, executive vicepresident of the New York City-based investment group, says he'snot aware of the acquisition, but "it's a large company." Hepreviously toldGlobeSt.com that the company had backed away from thetable, which it had at one point but then returned.

An Agus Ventures team is in Dallas right now to weigh theredevelopment options for the 19-year-old high rise, which dippedto 60% occupancy this week when 7-Eleven Inc. finished its move tothe Billingsley Co.'s One Arts Plaza in the Arts District. The saleincluded a nine-acre tract already entitled for multifamilydevelopment. The more immediate decision, though, will be whetherto convert part of the Cityplace floors into condos. Ashkenazy& Agus has an affiliate, CondoMax USA, led by MichaelAshkenazy, so it's a strong possibility that the market rumor willpan out.

Holliday Fenoglio Fowler LP brought the asset to market infourth quarter 2006. As would be expected, Cityplace Center drewoffers near and far just for the value-add opportunity that itpresented for redevelopment into mixed-use. And given the buyer'sUS portfolio, Cityplace Center is destined to play out that way tooin a transition from office, conference center and a spattering ofretail to a full-blown mixed-use condo development.