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VertiNews.com Special ReportThe Parmenter Co. plans to sell some of the buildings it bought as part of a $140 million portfolio it acquired from Bank of America.
Allegis Realty Investors has purchased the 347-room Chicago Marriott from Travelers in a deal arranged by Sonnenblick-Goldman.
A Seattle City Council committee voted against zoning changes that would have allowed Lowe Enterprises to buy and renovate a former U.S. Postal Service mail-handling facility for use by the Seattle School District.
HRPT Properties Trust bought two office buildings, in Syracuse, N.Y., and Wilmington, Del., from The Arden Group of Philadelphia for $32.3 million.
Cornerstone Properties received $180 million of fixed-rate financing from Prudential and Northwest Mutual.
Pier 1 Imports has relocated its western regional distribution center to a 750,000-sf building in Ontario, Calif., that was developed by a unit of LNR Property.
St. Joe Co. said weak market conditions in the timber industry has led it to temporarily suspend further sales of its timberland.
Lexington Corporate Properties formed a joint venture with the New York State Common Retirement Fund to invest in single-tenant net-leased properties.
Metropolitan Properties of America is planning to invest up to $500 million in multi-family properties within the next three months.
Chicago -- Prime Group Realty Trust is selling nine industrial properties and one office property for $89.5 million to Manulife Financial.
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