property type: Office
GE Capital Realty Pays $21 Mln for LA-Area Property
September 18, 2000 By Brad Berton, Commercial Real Estate Direct Contributing EditorGE Capital Realty Group has purchased the 190,000-square-foot Warner Commerce Center office/flex campus in Woodland Hills, Calif., for $21 million, or about $110/sf.The eight-building complex on just under 11 ...
Major Office Complex in Suburban Boston on the Block
Brickstone Square, a landmark Class-A office complex in Andover, Mass., is for sale and could bring in more than $150 million. Sonnenblick-Goldman is handling the sale for the owners.
SL Green Turns Tidy Profit on Sale of Manhattan Offices
September 15, 2000 NEW YORK – SL Green Realty (NYSE:SLG) has profited handsomely on a $20 million preferred equity investment it made last year in 1370 Avenue of the Americas in Midtown Manhattan.SL Green, which had been managing the property, ...
St. Joe Targets Tampa Office, Flex Properties
The former paper company, now a full-fledged real estate investment and development firm, is looking to invest $50 million of equity into Tampa, Fla.-area real estate. The cash for the purchases is coming from the sale of timberlands.
Lowe Enterprises Buys Austin Office Building
September 13, 2000 LOS ANGELES – Lowe Enterprises Investment Management Inc. has acquired Stonebridge Plaza I in Austin, Texas, on behalf of a pension fund client for an undisclosed amount. The nine-story, 193,200-square-foot office building, at 9606 North MoPac Expressway, ...
Donald Trump Puts Piece of Empire State Building Up for Sale
September 11, 2000 Donald Trump is reportedly looking to unload his interest in the Empire State Building, according to news reports. Trump is in talks to sell the stake in the landmark tower that he shares with the survivors of ...
CarrAmerica Acquires Washington Development Site
September 11, 2000 WASHINGTON – CarrAmerica Realty Corp. (NYSE:CRE) has purchased the 10-acre Highland Campus Phase I office development site in Bothell.CarrAmerica has renamed the site Canyon Pointe. It is located in Canyon Park and will feature two office buildings ...
Equity Office Acquires Seattle’s World Trade Center East
September 11, 2000 SEATTLE - Equity Office Properties Trust (NYSE:EOP) has paid WRC Trade Center LLC $38.7 million, or about $207/sf, for the World Trade Center East in Seattle.Equity will assume about $31.3 million in debt and will pay $500,000 ...
Florida Investment Firm Completes Buy; Jordan Paul Joins Firm
Preferred Investments has completed the purchase of a Florida office building, the first of what it hopes will be a series of acquisitions. Jordan Paul, a former executive with Ocwen Financial, recently joined the firm.
Alexandria RE Equities Pays $29 Mln for 2 Properties
September 8, 2000 Alexandria Real Estate Equities Inc. (NYSE:ARE) has purchased two office properties in California and Massachusetts in two transactions for a total cost of $29 million.The transactions, made last month, were announced in a Form 8-K filed today ...
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