The sale price was not disclosed
June 30, 2000 RICHMOND, Va. – Credit Suisse First Boston and United Dominion Realty Trust Inc. (NYSE: UDR) have formed a joint venture that will invest about $105 million to develop five apartment communities.CSFB owns a 75 percent interest in ...
Office: 181,000-sf 3800 N. Central Ave.; 245,000-sf 3838 N. Central Ave; and 290,000-sf 4000 N. Central Ave. Complex also has the 180-unit Lexington Hotel and a newly renovated, 35,000-sf sports club.
The Chicago firm, which has been actively buying and selling this year, is looking to sell two properties that don't fit its investment profile.
December 6, 1999 LAFAYETTE, Calif. – Bedford Property Investors Inc. (NYSE:BED) has acquired a 101,800-square-foot service center flex complex in Phoenix for $7.1 million, or $69.92/sf.The nine-building complex is fully leased to six tenants with an initial going-in yield of ...
Opportunistic investor New Mexico and Arizona Land is looking to grow by providing what some would consider hard-money loans.
October 14, 1999 NEWPORT BEACH, Calif. – Carlyle Realty paid $22 million for a newly constructed, 140,000-square-foot office building in the Gainey Center, a complex that is being developed in Scottsdale, Ariz.Carlyle bought the building from Opus West Corp. of ...
October 6, 1999 By Morris Newman, VertiNews.com Correspondent PHOENIX – Making its first investment in Phoenix-area retail properties, GE Capital Investment Advisers has paid $31.3 million for two shopping centers with a total of 294,231 square feet.Both centers, Warner Ranch ...
September 24, 1999By Morris Newman, VertiNews.com CorrespondentPHOENIX – The law firm of Quarles & Brady has leased 40,000 square feet at the Bank of America Building at Collier Center in downtown Phoenix. The 10-year deal is worth $11 million. The ...
September 22, 1999 By Morris Newman, VertiNews.com CorrespondentPHOENIX – Jacob Development of Ann Arbor, Mich., has paid $15 million for a portfolio of Phoenix-area hotels that contain a total of 529 rooms.The purchase is the first in the Phoenix area ...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
