September 20, 2001 MIAMI – Koger Equities has hired Jones Lang LaSalle to lease and manage a portfolio of properties totaling 2.7 million square feet in Miami, Richmond and Norfolk, Va., and Raleigh, N.C.Jones Lange LaSalle will also...

September 20, 2001 ORLANDO, Fla. – EastGroup Properties (NYSE:EGP) has named John Coleman as senior vice president.He will manage the Orlando office as well as focus on development.Previously, Coleman served as the senior vice president for Duke-Weeks Realty,...

September 20, 2001 23 retail properties still on the marketThe Toronto StarTORONTO – Indigo Books Music & More Inc. has not been able to sell 23 of its stores since being ordered to do so by the federal...

September 20, 2001SAN FRANCISCO – LoopLender.com, the financing arm of LoopNet Inc., has expanded its presence in the secondary commercial mortgage market by joining forces with First Liquidity Inc. As a result of the affiliation, LoopLender's financial institutions...

September 20, 2001 Colonial Properties Trust (NYSE:CLP) has sold two shopping centers to subsidiaries of Southern Management Co. of Boca-Raton, Fla.Terms were not disclosed.Proceeds will be used to reduce the REIT's unsecured credit line and for developments.The properties...

September 20, 2001 COPPELL, Texas – AmberJack Ltd., the real estate subsidiary of State Farm Insurance, has chosen Transwestern Commercial Services to develop, lease and manage a 2 million-square-foot industrial park.The property, AmberPoint Business Park, is just east...

September 20, 2001 Commercial Real Estate Direct Staff ReportNew price guidance is due out within the hour, or tomorrow morning at the latest, for the long-awaited COMM 2001-J2 Mortgage Trust CMBS deal.The large-loan issue had been in the...

September 20, 2001 Lewis Rudin, a major New York real estate owner and developer, died this week. He was 74.He had been battling cancer and glaucoma, according to a report to be published in tomorrow's New York Post.A...

September 19, 2001 Commercial Real Estate Direct Staff ReportLehman Brothers has found temporary accommodations for its commercial mortgage operations and reinsurance group at the old PaineWebber Building in midtown Manhattan.Lehman's commercial mortgage operation, which includes its conduit, CMBS...

September 19, 2001 DENVER – MCI Worldcom has leased 125,000 square feet at Denver's MCI Tower in a seven-year deal valued at more than $21 million.The lease allows the telecom firm, based in Fort Worth, Texas, to retain...

September 19, 2001 SAN DIEGO, Calif. – Price Enterprises Inc. (Nasdaq:PRENP) has completed its merger with Excel Legacy Corp. Inc. (AMEX:XLG).At the same time, Warburg Pincus invested $100 million in the new company, Price Legacy Corp.Price Legacy's common...

September 19, 2001 Roberts Realty buys apartment complex in Wellington, Fla. WELLINGTON, Fla. – Roberts Realty Investors has signed a contract to buy the 200-unit St. Andrews at the Polo Club apartment community here. Proceeds from the sale...

September 19, 2001 SANTA ANA, Calif. – The House of Sportsmen Inc. has purchased an 111,268-square-foot building for $11.5 million from Main Street Venture LLC.The multitenant office building at 2700 N. Main St. that was developed in 1970...

September 19, 2001 BETHESDA, Md. – Host Marriott Corp. (NYSE:HMT) said that last week's terrorist attacks would affect its results for the coming quarter and for the year."Obviously, the tragic events of the past week coupled with the...

September 19, 2001 Nomura Securities' mortgage and CMBS trading operations have relocated to Piscataway, N.J., where the firm has a backup facility.Nomura had occupied space in Two World Financial Center, which was evacuated as a result of the...

September 19, 2001 TORONTO – TrizecHahn Corp. has suspended talks to buy a majority interest in a large portfolio controlled by Maguire Partners.Trizec confirmed that it had been in discussions with Maguire, but because of current market conditions...

September 19, 2001 SUNNYVALE, Calif. – Lease Cost Solutions Inc. has launched a new Web version of its commercial real estate financial analysis software.LseMod Version 7.1 allows tenants to compare such scenarios such as buying or leasing properties...

September 19, 2001 BEVERLY HILLS, Calif. – The Weisman Group has submitted revised terms in its bid to buy G&L Realty Corp.'s (NYSE:GLR) outstanding common stock.The revisions include offers to buy all of the issued and outstanding common...

September 18, 2001 BURLINGTON, Mass. - New Boston Fund Inc. has acquired a three-story, 103,000-square-foot, Class-A office building for $18 million while selling a Connecticut property for $10.55 million.Five Burlington Woods, which was built in 1982, is 13...

September 18, 2001 BOSTON – New Boston Fund Inc. has sold a five-building portfolio of office/R&D properties in Massachusetts to LaSalle Investment Management Inc. for $15.8 million, or about $68/sf.New Boston acquired the properties, which total 231,718 square...

September 18, 2001 NEW YORK – Fitch has affirmed its ratings on GS Mortgage Securities Corp. II, 2001-LIB, a CMBS transaction backed by the debt on Manhattan's One Liberty Plaza. The move effectively confirms reports from Brookfield Properties...

September 18, 2001 DENVER – ProLogis (NYSE:PLD) has received a 24.5 billion yen (US$208 million) revolving credit line through a syndicate of 11 banks.The three-year line is priced at 100 basis points over Tokyo Interbank Offer Rate, which...

September 18, 2001 GREENWICH, Conn. – Equivest Finance Inc. (Nasdaq:EQUI) has received $37 million in financing from CapitalSource Finance LLC.The facility will be used to pay off outstanding debt, totaling $35 million, provided by CS First Boston LLC,...

September 18, 2001 Renovation set for Hickory Hollow Mall in NashvilleTennesseanNASHVILLE, Tenn. – CBL & Associates Properties Inc. has planned a two-phase renovation of its 1.2 million-square-foot Hickory Hollow Mall, which should be complete in about one year....

September 18, 2001 By Brad Berton, Commercial Real Estate Direct Contributing WriterA closed-end fund managed by German investment syndicator BGP Bavaria has acquired a 526,000-square-foot net-leased office property in Dallas for about $96.5 million, or about $183.50/sf. The...