City: Montgomery

Kohan Retail Investment Group, the most prolific buyer of malls backing distressed CMBS loans, has paid $55 million for the Montgomery Mall in suburban Philadelphia. The property, previously owned by Simon Property Group, had been encumbered by a $100 million ...

Chicago Business Journal The U.S. Medical Glove Co. has agreed to lease 1 million square feet of industrial space at The Grid at Route 31 business park in Montgomery, Ill. The medical glove manufacturer's lease is for 15 years. The ...

Berkadia has provided $27.45 million of Fannie Mae financing for a pair of apartment properties with 320 units in Montgomery, Ala. The two loans both have 12-year terms and amortize on 30-year schedules. They pay coupons that Berkadia described as ...

  Inland Residential Properties Trust Inc., which adopted a liquidation plan last year, has sold its last property. The Oak Brook, Ill., non-traded REIT sold the 332-unit Verandas at Mitylene in Montgomery, Ala., for $40.5 million to B&M Management Co.

Inland Residential Properties Trust Inc. has paid $36.6 million, or $110,241/unit for the Verandas at Mitylene, a 332-unit apartment property in Montgomery, Ala. The Oak Brook, Ill., REIT whose shares do not trade on any exchange, bought the property, at ...

Ledger-Enquirer Time Equities Inc. has paid $30 million, or about $108/sf, for the 277,000-square-foot Landings Shopping Center in Columbus, Ga. The New York investor acquired the property, at 2500 Airport Thruway near access to Interstate-185, from Woodruff Cos. of Columbus, ...