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Denver Business JournalING Clarion Partners of New York sold the ParkRidge One office building in Lone Tree, Colo., for $30 million to LBA Realty. The 165,000-square-foot building, at 10475 Park Meadows Drive in the ParkRidge Corporate Center, is fully occupied....
Silicon Valley/San Jose Business JournalOffice constriction activity has returned to California's Silicon Valley after a hiatus that lasted several years. A combined 18.33 million square feet of office and R&D construction is under way in Palo Alto, Menlo Park and...
Atlanta Business ChronicleSeven Oaks Company LLC is teaming up with GE Capital Management in a venture to develop a $300 million mixed-use project in Atlanta. The project, which will be on 22 acres off Cumberland Avenue, will have almost 2...
Tampa Bay Business JournalThe 43-year-old Mercantile Bank Plaza building in Tampa is going to be demolished, making way for a state-of-the-art, 251-unit residential condominium tower. The 68,467-sf building at the corner of Ashley Drive and Kennedy Boulevard is owned by...
South Florida Business JournalAbout 650,000 square feet in three projects are being developed in the Airport West submarket of Miami and should be completed by next year. Procacci Development Group is developing Crossroads, with 172,000 sf at the 700,000-sf Dophin...
Gotham GazetteJP Morgan Chase seeks government financial incentives to build a 1.3 million-square-foot headquarters building in Lower Manhattan. The financial company is negotiating with Mayor Michael Bloomberg's administration for tax breaks and federally-subsidized Liberty Bonds for its proposed headquarters on...
San Francisco Business JournalBrandywine Realty Trust has acquired Lake Merritt Tower, a 200,000-square-foot building in Oakland, for $73 million from Prudential. The Radnor, Pa., REIT paid $365/sf, setting a record for Oakland office sales. The building is at 155 Grand...
Nashville Business JournalEntreCap Financial Corp. is said to have sold the BellSouth Building in downtown Nashville. EntreCap, a subsidiary of Cerberus Capital Management LP, acquired the 690,000-square-foot tower in 2006 when it assumed control of PrefCo XIV LP, a former...
Crain's New York BusinessTwo construction companies have formed a venture to develop residential and mixed-use projects valued at $100 million in New York. The venture of Blue Diamond Construction Inc. of New York and Fireline Restoration Inc. of Tampa, has...
Denver Business JournalING Clarion Partners of New York sold the ParkRidge One office building in Lone Tree, Colo., for $30 million to LBA Realty. The 165,000-square-foot building, at 10475 Park Meadows Drive in the ParkRidge Corporate Center, is fully occupied....
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