Government Agency Relocating D.C. Offices, Taking Less Space
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400,000-SF Industrial Project Planned for Silver Spring, Md.
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May 3, 2005 Post Properties Inc. (NYSE:PPS) has sold Post Walk and Post Corners, two suburban Atlanta apartment complexes, for $71.4 million.Casa Partners III LP, an affiliate of London investment manager Henderson Global Investors, bought the properties and assumed $34.1 ...
May 2, 2005 Belfonti Associates, a Hamden, Conn., real estate firm paid $13.2 million for the 176-unit Briarwood Hills Apartment complex in North Haven, Conn. Conn. Briarwood Investors LP, a California investment group, sold the property, which is at 100 ...
May 2, 2005 Real Estate Partners Inc., an Irvine, Calif.-based real estate firm, purchased the Aventerra Apartment Community in Mesa, Ariz., for $30 million. Archon Group, an Irving, Texas, firm, is the seller. GMAC Commercial Mortgage provided the acquisition financing. ...
April 29, 2005 Gables Residential (NYSE:GPB) has exited the Tampa, Fla., marketplace with the sale of Gables Beach Park, a 166-unit apartment building.The Boca Raton, Fla., REIT, sold the property to an unidentified condominium converter for $41.2 million. Gables expects ...
April 29, 2005 New York PostDeveloper GPG Equities is planning a 15-story residential project in Brooklyn, N.Y. The 200,000-square-foot project, called One Prospect Park, will rise on the corner of Eastern Parkway and Plaza Street. GPG bought the site earlier ...
April 28, 2005 Las Vegas Review-JournalLas Vegas ranks among the major condo conversion markets in the country with an 8 percent share of the $6.5 billion in conversion volume, according to a report from Marcus & Millichap Research Services. More ...
April 28, 2005 Tampa TribuneThree downtown Tampa, Fla., buildings, which are in an area being redeveloped with new condominium projects, have been bought by a Largo-based company for almost $5 million. It's unclear what the new owner, Westwind Development V ...
April 28, 2005 Dallas Morning NewsA California hotel developer is planning a high-rise residential and hotel building on a Turtle Creek site between The Mansion on Turtle Creek and the Crescent Court Hotel. Foch Investments bought the vacant site this ...
April 27, 2005 New York PostCrescent Heights is putting an apartment building at 25 Broad St. in Manhattan on the market. The company hired CB Richard Ellis to sell the 345-unit property that also has 30,000 square feet of commercial ...
April 27, 2005 The Wall Street JournalThe apartment sector is starting to see rental rates rise, spurred by higher interest rates and soaring home prices, which combine to make buying more expensive than renting, plus renewed job growth. Equity Residential, ...
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