SCI Investments has purchased a 1,021-unit portfolio of student housing properties located throughout the country.The Los Angeles firm purchased the property on behalf of tenant-in-common investors from GMH Communities Trust of Newtown Square, Pa., which marketed the portfolio...
Regency Centers Corp. last week priced $400 million of unsecured notes through underwriters led by JPMorgan Securities and Wachovia Securities. The notes, which pay a coupon of 5.875 percent and mature June 15, 2017, were priced at 99.527...
Maguire Partners is offering for sale a stake in its 900-acre Solana mixed-use project in Dallas.The Los Angeles firm has tapped HFF Inc. to explore the sale of a partnership interest to an institutional investor. The partner will...
Cushman & Wakefield has hired Chris Strain as executive director and managing broker of the company's newly-opened Sacramento, Calif., office. A 20-year veteran of commercial real estate, Strain was the co-founder of C. Strain Corporate Real Estate, which...
Feldman Mall Properties Inc., which owns seven regional malls with 7 million square feet, is exploring strategic alternatives, which could result in the sale of the Great Neck, N.Y., REIT.The company, run by developer Larry Feldman, went public...
By Jeff Mordock, Commercial Real Estate Direct Staff WriterThe buzz is that Sun Microsystems has found a buyer for its 805,000-square-foot office and industrial complex in the Boston suburb of Burlington, Mass.The property is said to be selling...
Reebok is offering for sale a 329,000-square-foot distribution center in the Boston suburb of Stoughton, Mass.The British sneaker manufacturer is seeking to consolidate its space since being acquired by Adidas last fall. It has tapped the Boston office...
Verizon has agreed to sell a portfolio of 25 office and industrial properties with 2.3 million square feet to a venture controlled by GHP Office Realty of White Plains, N.Y., and Benereofe Properties of Purchase, N.Y.The telecom giant...
Brickman Associates has agreed to pay about $40 million for 40 Court St., a 115,069-square-foot office building in downtown Boston.The New York investment firm is buying the 12-story building from a joint venture between Paradigm Properties and the...
SL Green Realty Corp. has paid $38 million for 1010 Washington Blvd., a 143,400-square-foot office building in Stamford, Conn.The two-building property was purchased from BPG Properties Ltd. It sits across from 1055 Washington, a 181,800-sf building that Green...
Regency Centers Corp. last week priced $400 million of unsecured notes through underwriters led by JPMorgan Securities and Wachovia Securities. The notes, which pay a coupon of 5.875 percent and mature June 15, 2017, were priced at 99.527...
GE Real Estate has provided $69.5 million of fixed-rate financing to Atherton-Newport, allowing the Irvine, Calif., investor to refinance five apartment properties with 791 units it owns in the Seattle area.The financing was originated under GE's flexible fixed-rate...
Principal Real Estate Investors has raised $225 million of equity for a value-add fund that would invest in a variety of real estate debt.Principal Life Insurance Co., an affiliate of the Des Moines, Iowa, investment manager, committed 10...
Maguire Partners is offering for sale a stake in its 900-acre Solana mixed-use project in Dallas.The Los Angeles firm has tapped HFF Inc. to explore the sale of a partnership interest to an institutional investor. The partner will...
Cushman & Wakefield has hired Chris Strain as executive director and managing broker of the company's newly-opened Sacramento, Calif., office. A 20-year veteran of commercial real estate, Strain was the co-founder of C. Strain Corporate Real Estate, which...
Feldman Mall Properties Inc., which owns seven regional malls with 7 million square feet, is exploring strategic alternatives, which could result in the sale of the Great Neck, N.Y., REIT.The company, run by developer Larry Feldman, went public...
Reebok is offering for sale a 329,000-square-foot distribution center in the Boston suburb of Stoughton, Mass.The British sneaker manufacturer is seeking to consolidate its space since being acquired by Adidas last fall. It has tapped the Boston office...
Verizon has agreed to sell a portfolio of 25 office and industrial properties with 2.3 million square feet to a venture controlled by GHP Office Realty of White Plains, N.Y., and Benereofe Properties of Purchase, N.Y.The telecom giant...
SL Green Realty Corp. has paid $38 million for 1010 Washington Blvd., a 143,400-square-foot office building in Stamford, Conn.The two-building property was purchased from BPG Properties Ltd. It sits across from 1055 Washington, a 181,800-sf building that Green...
Principal Real Estate Investors has raised $225 million of equity for a value-add fund that would invest in a variety of real estate debt.Principal Life Insurance Co., an affiliate of the Des Moines, Iowa, investment manager, committed 10...
By Jeff Mordock, Commercial Real Estate Direct Staff WriterThe buzz is that Sun Microsystems has found a buyer for its 805,000-square-foot office and industrial complex in the Boston suburb of Burlington, Mass.The property is said to be selling...
GE Real Estate has provided $69.5 million of fixed-rate financing to Atherton-Newport, allowing the Irvine, Calif., investor to refinance five apartment properties with 791 units it owns in the Seattle area.The financing was originated under GE's flexible fixed-rate...
Brickman Associates has agreed to pay about $40 million for 40 Court St., a 115,069-square-foot office building in downtown Boston.The New York investment firm is buying the 12-story building from a joint venture between Paradigm Properties and the...
By John Covaleski, Commercial Real Estate Direct Writer Pennsylvania REIT is directing its attention towards mixed-use and lifestyle centers in its development and redevelopment strategies."One of the ways to grow business and revenues is to add components, such...
The real estate investment arm of the Government of Singapore Investment Corp. has agreed to purchase a 49 percent interest in the InterContinental Chicago and Hyatt Regency La Jolla hotels from Strategic Hotels & Resorts, in a deal...
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© 2020 Commercial Real Estate Direct All rights reserved.