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January 17, 2001 NEW YORK – A 38,000-square-foot parking lot, the last undeveloped parcel in Times Square, has been sold for $111 million, according to reports today in New York City's daily newspapers.The family of Paul Milstein beat back a...
January 17, 2001 RioCan begins third phase of RioCan Colossus CentreBusiness Wire, January 17TORONTO – RioCan REIT and Trinity Development Group Inc. have purchased 5.56 acres of land for a $12.5 million expansion of RioCan Colossus Centre in Vaughan, Ontario....
January 17, 2001 SAN FRANCISCO – Catellus Development Corp. (NYSE:CDX) today signed an agreement with marchFIRST to terminate its lease for a future 270,000-square-foot office building at Mission Bay.Catellus is continuing its plans to develop and lease the six-story building...
January 17, 2001 Go to S&P's pre-sale report.Go to Fitch's pre-sale report. Morgan Stanley Dean Witter Capital I Trust 2001-PPMClassAmount($mln)Sub. Level(%)RatingS&PRatingFitchAvg.LifePriceTalk(BP)BenchMarkA-19914.75AAAAAA3.4+27 areaSwapsA-2269.814.75AAAAAA5.85+36 areaSwapsA-3166.814.75AAAAAA7.3+44 areaSwapsB15.612.25AAAA10.8+59 areaSwapsX*623.5NAAAAAAANANASwapsC-O**76.4NANANANANA--* Notional amount, interest only.** Classes privately placed.
January 17, 2001WASHINGTON – The National Association of Real Estate Investment Trusts' Public Equity 100 index rose 29 percent in 2000. "The Dow was down, the S&P 500 stumbled and Nasdaq plummeted," said Steven A. Wechsler, president and chief executive...
January 17, 2001 Cushman & Wakefield has named Thomas P. Falus president of the strategic ventures group.The group will be the company's first research and development/merger and acquisition division.Falus joined the company in January 1997. He has been active in...
January 17, 2001 KENNETT SQUARE, Pa. – ElderTrust (NYSE:ETT), an equity healthcare REIT, will continue to list on the New York Stock Exchange since it has increased its market cap and stock price.The NYSE will monitor the company's continued compliance,...
January 17, 2001 PHILADELPHIA – The Brickstone Cos. has hired Sonnenblick-Goldman Co. to sell the Mellon Independence Center, a landmark office and retail complex in Center City, in a deal that could fetch more than $100 million, or at least...
January 17, 2001 Fort Lauderdale, Fla., has several projects in the worksMiami Herald, January 17FORT LAUDERDALE, Fla. – The uptown Fort Lauderdale corridor has at least eight office projects representing more than $137 million either under construction or in the...
January 17, 2001 PALO ALTO, Calif. – DOIT City Heights Los Angeles entered into a lease-hold interest with Essex Property Trust Inc. (NYSE:ESS) for $9.7 million.The acquisition gives Essex the 34-year lease to the land underlying City Heights apartments, a...
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