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Home > General News > Page 4981
December 18, 2000 Koll Bren Schreiber Realty Advisors has sold a 263,000-square-foot office park in suburban Chicago for nearly $34 million, or about $129/sf.UBS Brinson bought the Woodlake Corporate Park, an office park with seven single-story buildings, in Lombard, Ill.Transwestern...
December 18, 2000LaSalle Investment Management Inc. has paid the Alter Group about $50 million for 28 industrial buildings, totaling roughly 1 million square feet, in a suburb west of Chicago.LaSalle's Income & Growth Fund II, a $400 million value-added fund,...
December 15, 2000 LOS ANGELES – KWI Property Fund I LP, a $250 million fund formed by Kennedy-Wilson International (Nasdaq:KWIC) earlier this year, has purchased three office properties totaling 576,092 square feet. The properties are: the 11-story, 162,150-sf 7080 Hollywood...
December 15, 2000 (NewsTraders.com) – UBS Warburg analyst Jeff Olson lifted his opinion today on real estate investment trusts General Growth Properties (NYSE:GGP) and Simon Property Group (NYSE:SPG) to strong buy from buy.Olson said he made the move based on...
December 15, 2000 TORONTO – Canadian Apartment Properties REIT has purchased a 14-story luxury apartment building in Mississauga for C$19.6 million (US$12.9 million).The 199-suite building, located at 1355 Silver Spear Road, is adjacent to a property it currently owns.Also, CAP...
December 15, 2000 SEATTLE – PD Hotel Associates, a joint venture between Dow Hotel Company and Prudential Real Estate Investors purchased the 296-suite Rosemont Suites at O'Hare in Rosemont, Ill., for an undisclosed amount.The hotel is located at 5500 North...
December 15, 2000 Commercial Real Estate Direct Staff ReportPhilip Pilevsky, the New York investor who took his real estate holdings public in 1997 through Philips International (NYSE:PHR), is buying back some of the REIT's holdings.Philips International is in the process...
December 15, 2000 NEW YORK – The board of SL Green Realty Corp. (NYSE:SLG) has increased the REIT's common stock dividend to 38.75 cents/share, from 36.25 cents/share.The dividend represents a 10 cents/share increase on an annualized basis. It is payable...
December 15, 2000 Dai-Ichi Life Investment Properties Inc. has retained Jones Lang LaSalle to market the Citigroup Center at 153 E. 53rd St. Early news reports suggested that after Dai-Ichi worked out a deal with co-owner Citigroup to give the...
December 15, 2000NEW YORK – RFR Holdings LLC has closed on the sale of the 770,000-square-foot Seagram building in midtown Manhattan.As reported in October,Teachers Insurance Investment fund had agreed to sell the 38-story building located at 375 Park Ave. between...
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