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Morgan Stanley has provided $41.25 million of mortgage financing for Princeton Forrestal Village, a 549,337-square-foot mixed-use property in Plainsboro, N.J., that was recently acquired by Investcorp for $55 million. The five-year mortgage was arranged by Holliday Fenoglio Fowler. As reported, ...
A hotel investment fund has struck an agreement to buy the 364-room Wyndham Princeton Forrestal Village Hotel & Conference Center in Plainsboro, N.J., from a lender that had foreclosed on the property's debt. The fund agreed to pay less than ...
A venture of Trammell Crow Co. and a public pension fund advised by investment manager Kennedy Associates is developing a 146,971-square-foot medical services building at the University Medical Center of Princeton that is under construction in Plainsboro. N.J.The venture, Partners ...
Dividend Capital Total Realty Trust bought a 167,000-square-foot office building in Princeton, N.J., for $51 million from a venture of USAA Real Estate Co. and Patrinely Group.A life-insurance company has provided $35 million of fixed-rate financing against the property, at ...
Orbach Group, a Fort Lee, N.J., real estate investor, has paid $26.4 million for Deer Creek Apartments, a 288-unit complex in Plainsboro, N.J.Orbach, which owns apartment properties in New York, New Jersey and Pennsylvania, purchased the 35-year-old property from Apartment ...
By Jeff Mordock, Commercial Real Estate Direct Staff Writer Opus East LLC is offering for sale two office buildings totaling 280,000 square feet at the Princeton South Corporate Center, a mixed-use complex in Ewing, N.J.The Rockville, Md., affiliate of the ...
Providence Journal FB Capital is buying a 150,000-square-foot office building in Providence, R.I., for $17.5 million. Granoff Associates is selling the property, known as the Turk's Head Building at Weybosset and Westminster streets in the city’s financial district. FB Capital, ...
Philadelphia Business Journal Hilton Realty Co. has bought two office buildings that total 211,500 square feet in West Windsor, N.J., from BPG Properties. The Princeton, N.J., firm acquired the 84,000-sf 300 Carnegie Drive and the 127,500-sf 301 Carnegie Drive for ...
Boston Properties Inc. has retired $65 million of mortgage debt on four office properties totaling 618,313 square feet in Princeton, N.J. The REIT used available cash to repay the loan, which was scheduled to mature on January 1, 2008, and ...
Behringer Harvard REIT I has purchased two Princeton, N.J., office buildings totaling 97,447 square feet.The Dallas investment manager purchased 600 and 619 Alexander Rd. from an undisclosed seller. A purchase price was not released, but Princeton office properties are trading ...
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