April 19, 2002 CHICAGO – Sam Zell, the chairman of Equity Office Properties Trust (NYSE:EOP) has added the titles of president and chief executive as a result of the resignation of Timothy H. Callahan from those positions.Callahan, who...

April 19, 2002 NEW YORK – A venture between Angelo Gordon & Co. and Provident Realty Advisors is looking for $28 million of floating-rate financing for the Webb@LBJ, a 370,000-square-foot office building in Dallas.The venture has retained Carlton...

April 18, 2002 Holland & Knight renews at One Atlantic CenterAtlanta Journal-ConstitutionATLANTA – Holland & Knight's Atlanta office isn't going anywhere, at least for the next decade. The law firm signed a 10-year renewal for about 74,000 square...

April 18, 2002 UNITED KINGDOM – Tiger Development has completed its purchase of a portfolio of 55 properties totaling 1 million square feet for about $180 million from clients of Credit Suisse Property Investment Management.The portfolio consists of...

April 18, 2002 DALLAS – Hines has retained Holliday Fenoglio Fowler to sell the retail and hotel portions of the 3.8 million-square-foot Galleria, its mixed-use complex that sits on a 42-acre tract in North Dallas.The portion of the...

April 18, 2002 Class Amount Sub. rate Rating S&P Rating Fitch Rating Moody's Avg. Life Price Talk Benchmark A-1 280 31.8 AAA AAA Aaa 1.6 +30 area Libor A-2 187.2 31.8 AAA AAA Aaa 2 +35 area Libor...

April 18, 2002 Class Amount Sub. Rate Rating Fitch Rating Moody's Avg. Life Price talk Benchmark A-1 55 22 AAA Aaa 2.75 +35-37 Swaps A-2 165 22 AAA Aaa 7 +42-44 Swaps A-3 408.2 22 AAA Aaa 9.67...

April 18, 2002 By Susanna Potter, Commercial Real Estate Direct Staff WriterAerospace Building, a nine-story office building in Seabrook, Md., that was extensively renovated, has hit the market.Minshall Stewart Properties, an investment firm based in Bethesda, has hired...

April 18, 2002 ARLINGTON, Va. – United Dominion Realty Trust Inc. (NYSE:UDR) has paid $19.7 million for Wakefield Towers, a 218-unit apartment community.The $90,367/unit price represents a capitalization rate, or initial yield, of 7.8 percent, based on 2002...

April 18, 2002 Deutsche Bank and the Australia and New Zealand Banking Group are issuing two more tranches of notes to supplement last year's Mirvac Capital Pty. Ltd 2001-1 deal, an Australian dollar-denominated deal originally A$500 million (US$266...

April 18, 2002 BILLERICA, Mass. – McCracken Financial Software Inc. has hired Shaun Brady, the former executive director of the Multifamily Housing Institute, to develop a commercial real estate information operation.McCracken, an affiliate of GMAC Commercial Mortgage, provides...

April 17, 2002 DALLAS – Aegon USA Realty Advisors has provided $19 million of floating-rate financing for a 16-story office tower within the city's Preston Center.Joseph Hevey Jr. of Holliday Fenoglio Fowler's Dallas office arranged the three-year financing...

April 17, 2002 MIAMI – Equity One (NYSE:EQY) has named David W. Briggs as chief accounting officer.Prior to joining, Briggs served as vice president of management accounting for Westfield America, a REIT that owns interests in 39 major...

April 17, 2002 UBS Warburg has sold the last hotel in a six-property portfolio it put on the market through Jones Lang LaSalle Hotels.Not On Cannery Row LLC, a consortium of San Francisco based investors, paid about $15.8...

April 17, 2002 WICHITA, Kan. – Candlewood Hotel Co. (Nasdaq:CNDL) has received a $55 million mortgage from GMAC Commercial Mortgage. The loan, which allowed the hotel company to refinance its remaining short-term debt, carries a three-year term with...

April 17, 2002 DENVER – Wells Real Estate Investment Trust has paid $10.5 million, or about $153/sf, for a new class-A office building that is fully leased to Travelers Express Co. through 2012.The 68,850 square-foot building was completed...

April 17, 2002 INDIANAPOLIS – Simon Property Group (NYSE:SPG) has promoted Gary Lewis to executive vice president of leasing, replacing James A. Napoli who left to spend more time with his family.Lewis will direct the company's leasing process...

April 17, 2002 INDIANAPOLIS – Simon Property Group, Inc. (NYSE:SPG) has refinanced its $1.25 billion unsecured credit facility with a group of lenders led by J.P. Morgan Chase and Bank of America.The facility now matures April 2005, but...

April 17, 2002 Metropolitan Life has sold a portfolio of four office buildings in Westport, Conn., for $26.5 million, or nearly $221/sf.The properties, which total 120,000 square feet, were acquired by Westport 4 Real Estate LLC, a local...

April 17, 2002 Developer proposes complex on large Pines tractSun-SentinelPEMBROKE PINES, Fla. – Arthur D. Weiss – who owns the 168 acres east of Interstate 75 between Pines Boulevard and Pembroke Road that is zoned for a mix...

April 16, 2002 ARLINGTON, Va. – TA Associates Realty recently sold Park Place, a 13-story office building at 1655 N. Fort Myer in the Rosslyn/Ballston Corridor.A joint venture of Lerner Enterprises and Walton Street Capital paid $33.4 million...

April 16, 2002 Solectron Corp. (NYSE:SLR) may have to pay $122 million to buy nine manufacturing properties it now occupies under synthetic leases, if it can not refinance the lease agreements by that date.The company disclosed the information...

April 16, 2002 Triad Launches Gwinnett projectAtlanta Journal-ConstitutionGWINNETT COUNTY, Ga. - Triad Properties has purchased 130 acres at the Gwinnet Progress Center near the Gwinnett County Airport-Briscoe Field. The firm plans a $55 million project with more than...

April 16, 2002 LAS VEGAS – Whistler Investment Inc. (OTC BB:WISV) has agreed to buy the Azra Shopping Center in an $8.3 million deal.A private Nevada company owns the 31,187-square-foot property, which is on East Washington Avenue. The...

April 16, 2002 NEW YORK – Prime Hospitality Corp. (NYSE: