September 5, 2001TMW Real Estate has agreed to buy 2001 Pennsylvania Ave. NW in downtown Washington D.C.TMW has agreed to pay close to $50 million for the 147,000-square-foot office building, according to the Washington Business Journal.The property is owned by ...
September 5, 2001 CHICAGO – LaSalle Investment Management Inc. has raised about $53 million in the first closing of the LaSalle Medical Office Fund, which will buy and develop medical office buildings throughout the United States. LaSalle expects to raise ...
September 4, 2001 COLUMBIA, Md. – Corporate Office Properties Trust (NYSE:OFC) has purchased a portfolio of four office buildings, totaling 187,132 square feet, in the 630-acre Columbia Gateway business park.Terms of the transaction were not disclosed. However, going rates for ...
September 4, 2001 Special To Commercial Real Estate DirectCB Richard Ellis Strategic Partners, a value-added investment fund, has purchased 3 Hutton Centre, an office building in Santa Ana, Calif.The 200,000-square-foot office property was purchased from Japanese-controlled ORIX Real Estate Equities. ...
Lackluster sales haven't tarnished prices, thanks to solid institutional demand for the best properties.
Bernard Spitzer has purchased 2001 K St. NW for $95 million. Construction on the building began two years ago on a speculative basis. The property is now full, and most leases contain rent-escalation clauses.
September 4, 2001 HARTFORD, Conn. – Travelers Insurance has leased more than 560,000 square feet at three Hartford, Conn., buildings owned by Aetna Inc.The leases are valued at more than $56 million. Aetna was represented in the lease by Jones ...
The fully leased buildings are at 7061, 7063, 7065 and 7067 Columbia Gateway Drive. No terms but Columbia market ranges from $130/sf to $150/sf.
Developed in 1970, it's about 80% leased to such tenants as Wells Fargo and Bankers Diversified Mortgage.
10-story tower thought to have traded at just under ORIX?????s $34Mln asking price; It is 95% leased & includes 6-level parking garage.
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