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    The new owner selected luxury operator HEI Hotels & Resorts to implement productivity and cost-cutting measures at the newly acquired asset.

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    Digital Map Products will relocate its corporate headquarters by the end of the year. In the move, the provider of cloud-based location technology will nearly double its current square footage.

    09 August 2017 17:53
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  • Kennington Property Expands in Dallas–Ft. Worth

    The company acquired Jupiter Service Center, a four-building Class A flex office/R&D complex in Plano, Texas. Stream Realty Partners marketed the property on behalf of Situs, its seller.

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    A real estate fund managed by Credit Suisse Asset Management acquired the former Oregonian Building in Portland, Ore. The previous owners recently renovated and restored the facility as part of a multi-million dollar program.

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    The stand-alone building, which includes both office and warehouse space, has been listed with an asking price of $7.9 million or $13 per square foot triple net lease.

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    Located in the heart of the prominent California Highway 1 corridor, the 550-key hotel spreads across a 22-acre site nestled along the historic 18-hole Del Monte Golf Course.

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