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June 3, 2003 Banker & TradesmanArchon Atlantic has agreed to sell 7 Winthrop Square, a small but well-located retail/office building in Boston's Downtown Crossing district, for about $5.2 million. Samuels Property Group has agreed to buy the 30,000-square-foot building in...
June 3, 2003 Banker & TradesmanArchon Group has sold a four-building portfolio of flex space along the Interstate 495 West market in Marlborough and Hopkinton, Mass. Everest Partners, a New York investment group run by Kambiz Shahbazi, is said to...
June 3, 2003 Innkeepers USA Trust (NYSE:KPA) has purchased the Quality Inn Beach Block Hotel in Atlantic City, N.J., for $8.6 million, or about $42,000 a key. The Palm Beach, Fla., hotel REIT plans to renovate, reposition and convert the...
June 3, 2003 Post-Gazette (Pittsburgh)Kravco Co., now only a few weeks from completing its study of downtown Pittsburgh retailing, is pursuing some well-known national names for an eventual redevelopment of Fifth and Forbes avenues. The Philadelphia-area developer has approached Neiman...
June 2, 2003 The Jehovah's Witnesses are considering the sale of 360 Furman St., a nearly 1 million-square-foot building on the waterfront in Brooklyn, N.Y. The organization's real estate desk is studying the building's value before its directors make a...
June 2, 2003 Boston Business JournalCommercial landlords are grappling with higher premiums for property-and-casualty insurance as well as new costs for terrorism coverage. While local property owners and their representatives say insurance remains a small piece of their overall financial...
June 2, 2003 Boston Business JournalCB Richard Ellis' local office has secured commitments from at least 15 brokers at Insignia/ESG Inc.'s Boston office since the merger between Los Angeles-based CB Richard Ellis and New York City-based Insignia/ESG Inc. was announced....
June 2, 2003 Herald News, June 1Gordon LaForge of Dynasty Passaic Development last week presented a plan before the redevelopment agency in Passaic, N.J., to develop an old, 14.5-acre fire-ravaged industrial complex on Eighth Street with more than 700 parking...
June 2, 2003 The Bergen (N.J.) Record, June 1Westfield Corp. is proposing to build a 150,000-square-foot addition with 16 movie screens, sit-down restaurants, and stores to the Garden State Plaza in Paramus, N.J. Westfield appeared before the borough's planning board...
June 2, 2003 New York Daily News, May 31(Bloomberg News) There's still a whisper of hope for Donald Trump in his battle to own the General Motors Building in Manhattan. A federal bankruptcy judge in Chicago refused to confirm an...
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