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Commercial Real Estate Direct Staff ReportJames Rook has purchased the Boardwalk, a 400,000 square-foot mixed-use office and residential property in Grand Rapids, Mich.Rook, a Grand Rapids investor who specializes in condominium conversions, purchased the property from 940 Monroe LLC, an ...
Pennsylvania REIT has paid $177.4 million for Woodland Mall, a 1.1 million-square-foot shopping center in Grand Rapids, Mich.The Philadelphia REIT purchased the property from a venture between Taubman Centers Inc. and Prudential Real Estate Investors. The REIT said the purchase ...
CORE Realty Holdings LLC paid $61.3 million for a 1.6 million-square-foot portfolio of industrial properties in Grand Rapids, Mich.The Newport Beach, Va., real estate firm acquired the portfolio as part of a tax-deferred exchange. West Michigan Industrial sold the portfolio, ...
A venture comprised of South Charles Investment Group and an affiliate of Sperry Van Ness has sold a portfolio of 12 industrial buildings with 1.7 million square feet in Grand Rapids, Mich.Core Realty Holdings, a Newport Beach, Calif., firm, bought ...
March 3, 2005 Summa Industries, a manufacturer of plastic products, has put a 13.6-acre parcel of land on the shore of Lake Michigan up for sale.The Torrance, Calif., company has hired CB Richard Ellis' Grand Rapids, Mich., office to market ...
January 22, 2004 Prudential Huntoon Paige, has provided an $11.8 million construction loan for the Houma Highlands apartment complex in Houma, La.The 40-year loan amortizes over 40 years and was provided to Houma Partners LP. It carries a 5.80 percent ...
July 19, 2002 CHICAGO – Fitch has downgraded the $35.2 million class A-4 in Asset Securitization Corp., 1996-D2, to triple-B-minus from triple-B. The rating agency affirmed the other classes it rates in the series.The downgrade is primarily the result of ...
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