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April 2, 2002 HOUSTON – J.P. Morgan Fleming Asset Management has sold 3D/International Tower, a Class-A office building.Transwestern Investment Co. bought the 21-story tower at 1900 West Loop South for what locals say was $42.6 million, or about $105/sf.The 406,415-square-foot ...
March 28, 2002 HOUSTON – Camden Property Trust (NYSE:CPT) has started construction on a $24 million apartment community adjacent to the Royal Oaks Country Club on the south side of Richmond Avenue, between Kirkwod Drive and Old Westheimer Road.Camden Oak ...
March 14, 2002 HOUSTON – Metropolitan Fund Corp. has provided $48.2 million in financing to Trimark Realty Investments for its Octagon portfolio of seven apartment properties totaling 1,845 units in Houston and Fort Worth.The 35-year, fixed-rate financing was arranged by ...
March 5, 2002 HOUSTON – Lend Lease Real Estate Investments is looking to sell 363 North Belt Parkway, a Class-A office building in suburban Houston's Greenspoint office submarket.Holliday Fenoglio Fowler LP, in conjunction with Insignia ESG, is marketing the 386,277-square-foot ...
Deal also included a 13.3-acre contiguous tract of land
The loft project, now more than 35% leased, is locking in rental rates ranging from $1.40 to $1.69/sf.
February 1, 2002 Gables Residential (NYSE:GBP) has sold a suburban Houston apartment community along with a 13.3-acre contiguous tract of land for $18.5 million.The Atlanta-based REIT considered the 256-unit Gables New Territory not consistent with its investment strategy.The company expects ...
January 31, 2002 CHATTANOOGA, Tenn. – CBL & Associates Properties Inc. (NYSE:CBL) has sold three shopping centers for $63 million to a joint venture it has formed with Partners Property Group of New York City. CBL contributed to the venture ...
The word is that Enron is looking to sell its soon-to-be-completed 1500 Louisiana St. office building in downtown Houston. Costs to construct the building, which will contain 1.2 million sf, are said to have topped $300 million.
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