Government Agency Relocating D.C. Offices, Taking Less Space
April 25, 2024
400,000-SF Industrial Project Planned for Silver Spring, Md.
April 25, 2024
General News
Camden Property Executives Buy $17.5 Mln of Shares
January 11, 2000 HOUSTON – Camden Property Trust (NYSE:CPT) said six executives have purchased 666,000 Camden common shares for $17.5 million.Their purchases were funded by personal loans they received from Bank One. Camden provided a corporate guarantee for the loans....
Office Properties Were 1999’s Big Winners, Says Survey by Society of Industrial and Office Realtors
January 11, 2000Office real estate enters the new decade a clear winner, though its very success is expected to bring slightly higher office vacancy rates in the year 2000. That is the general finding of the year 2000 edition of...
Cushman & Wakefield Named Leasing Agent for D.C. Office Building
January 11, 2000 WASHINGTON – Cushman & Wakefield has been named the exclusive leasing agent for Washington Square, a 700,000-square-foot office building at 1050 Connecticut Avenue NW.Cushman & Wakefield's Mark Minich and Brian Raher, both based in the firm's Washington,...
Central Texas Firm to Sell Six Shopping Centers
January 11, 2000 Associated PressSAN ANTONIO, Texas – Central Texas development company Barshop and Oles will sell six of its shopping centers. Company president Pat Oles told the San Antonio Express-News that no price has been set for the properties,...
Olympus Forms Hotel Company
January 11, 2000 SCOTTSDALE, Ariz. – Olympus Real Estate Corp. has formed Olympus Hospitality Group, bringing together the brands Rockresorts, Unique Hotels, Park Plaza International and Park Inns International under one operating structure.The new company will aggressively pursue additional management...
AXA Takes 4.2% Stake in Correctional Properties
January 11, 2000 Entities of French-based AXA have filed a Form SC 13G/A with the SEC that relates to the companies' combined 4.2 percent stake in Correctional Properties Trust (NYSE:CPV).
Amresco Files 8-K
January 11, 2000 Amresco Inc. (Nasdaq:AMMB) has filed a Form 8-K with the SEC. The report relates to Amresco's sale of its asset management, commercial mortgage banking and real estate structured finance businesses to Lend Lease.
Dreman Takes 11.25% Stake In Prison REIT
January 11, 2000 Dreman Value Management LLC has accumulated an 11.25 percent interest in Prison Realty Trust Inc. (NYSE:PZN) over the past three months. The firm's purchases were outlined in a Form SC 13D that was filed with the SEC....
Konover Property Trust Sells Two Assets
January 11, 2000 CARY, N.C. – Konover Property Trust Inc. (NYSE:KPT) has sold two of its shopping centers to two private owners for a total of $5.4 million. A 142,000-square-foot property located in Casa Grande, Ariz., and built in 1991,...
Westfield America Backs Suit to Stop New Haven Mall
January 11, 2000 Associated PressMILFORD, Conn. – Westfield America (NYSE:WEA) and the city of Milford, Conn., are suing New Haven to stop the construction of a new mall on New Haven's Long Wharf.Their lawsuit alleges that the groups ignored environmental...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
