December 24, 2002 Fitch Ratings has downgraded four classes of GMAC Commercial Mortgage Securities Inc., 2000-C3, that represent the junior tranches of a $142 million mortgage on a Norfolk, Va., retail center whose performance has declined.The rating agency downgraded the ...
deal is for 945,000-sf Military Circle Mall and the adjacent 208-room Doubletree Club Hotel
No price disclosed; about 94% leased to 12 tenants
95% leased to American Management Systems, First Union Nat'l Bank, KPMG Peat Marwick, McDonald's Corp., Merrill Lynch. Deal also includes attached 1,255-space parking garage.
Virginia PilotA $35 million mixed-use development in Suffolk, Va., has been scrapped in favor of a residential project that is expected to cost up to $20 million. The project, Centre 800, was slated to be ready no later than the ...
Virginia PilotA $35 million mixed-use development in Suffolk, Va., has been scrapped in favor of a residential project that is expected to cost up to $20 million. The project, Centre 800, was slated to be ready no later than the ...
Virginian-Pilot Eola Capital of Orlando, Fla., paid St. Joe Co. of Jacksonville, Fla., $56 million for a 225,000-square-foot office building in downtown Norfolk, Va. The 20-story building at 150 Main St. is 98 percent leased. Earlier this year, Eola purchased a ...
Virginian-Pilot Eola Capital of Orlando, Fla., paid St. Joe Co. of Jacksonville, Fla., $56 million for a 225,000-square-foot office building in downtown Norfolk, Va. The 20-story building at 150 Main St. is 98 percent leased. Earlier this year, Eola purchased a ...
Virginian-PilotWal-Mart Stores Inc. is expanding its smaller grocery store concept to Virginia. The Bentonville, Ark. retailing giant has agreed to lease a 45,000-square-foot site, which once was a Winn-Dixie store, in Norfolk, Va. The property on East Little Creek Road ...
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