Nashville-Area Retail Property Sells for $34.5Mln
April 19, 2024
144-Unit Apartment Property Opens in Arlington, Va.
April 19, 2024
CenterPoint Sells 3 Ill. Industrial Buildings for $125Mln
April 19, 2024
General News
Southeast Regional Digest
October 20, 1999 Perimeter Square West Shopping Center sold for $26.5 millionAtlanta Journal Constitution, October 20ATLANTA – A German investment group represented by Trammell Crow Co. has just purchased the 5-year-old, 186,000-sf Perimeter Square West Shopping Center for $26.5 million...
Equity Inns Puts Financial Data on Website
October 20, 1999 MEMPHIS, Tenn. – Equity Inns Inc. (NYSE:ENN) has launched a website that will provide in-depth financial and corporate information for shareholders and the financial community.
Konover Property Pays $18.4 Mln for 2 Shopping Centers
October 20, 1999 CARY, N.C., Oct. 20 /PRNewswire/ -- Konover Property Trust (NYSE:KPT) paid $18.4 million for two community shopping centers totaling 235,000 square feet.The properties are: Lake Washington Crossing in Melbourne, Fla., which was purchased for $9.7 million, or...
Cheslock Bakker, Charles Cohen Buy Calif. Showroom Building for $165 Mln
October 20, 1999NEW YORK – The Cheslock Bakker Opportunity Fund has teamed up with New York developer Charles S. Cohen to buy the 1.2 million-square-foot Pacific Design Center in West Hollywood, Calif., from Teachers Insurance Annuity Association of America.Terms of...
Regency Realty to Buy Up to $65 Mln of Its Shares
October 20, 1999 JACKSONVILLE, Fla. – Regency Realty Corp. (NYSE:REG) said its board has authorized the purchase of up to $65 million of its common shares. Purchases will be funded through asset sales. The REIT owns 216 retail properties with...
Mayor Advertises Norton Air Force Base in China
October 20, 1999 SAN BERNARDINO, Calif. (AP) – Mayor Judith Valles says her five-day China trip was "a good first step" in efforts to bring new businesses into the former Norton Air Force Base and economic revival in San Bernardino.Henry...
Kennedy-Wilson, Hanover Venture Has $40 Mln of Equity
October 20, 1999 The venture that Kennedy-Wilson (NASDAQ: KWIC) formed with a unit of Marcus & Millichap will leverage about $40 million of equity capitalization into $200 million of investments over the coming 18 months.Hanover Financial, a unit of brokerage...
MuniMae Completes Purchase of Midland Cos.
October 20, 1999 BALTIMORE – Municipal Mortgage & Equity LLC (NYSE:MMA), also known as MuniMae, has closed on its $45 million cash-and-stock purchase of the Midland Cos. of Clearwater, Fla.Midland is a privately held group of seven companies that handles...
Commercial Assets Files 8-K
October 20, 1999 Commercial Assets Inc. (AMEX:CAX) has filed a Form 8-K/A (Amended Current Report) with the SEC.
Kimco Realty Prices $50 Mln of Medium-Term Notes
October 20, 1999 Kimco Realty Corp. (NYSE:KIM) has filed a Form 424(b)3, a prospectus supplement detailing the pricing of $50 million of medium-term notes, which were underwritten by Merrill Lynch and Legg Mason Wood Walker.
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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.
