September 9, 1999 By The Associated PressBERLIN (AP) – Just days after starting work in Berlin, German lawmakers got bad news Thursday about their offices: Most won't be ready for another two years because of construction problems. The much-delayed main ...
September 8, 1999MENLO PARK, Calif. – Spieker Properties Inc. (NYSE: SPK) intends to start construction on a 16-story, 330,000 square foot office tower at its Watergate Office Towers complex in Emeryville, Calif. by the end of this year. The complex ...
September 8, 1999MCLEAN, Va. – Lerner Enterprises said it has signed leases with seven tenants for 73,400 square feet at 1750 Tysons Boulevard, an office building that is nearing completion in McLean, Va.Lerner, which is based in North Bethesda, Md., ...
September 8, 1999 NEW YORK – Wellsford Real Properties Inc. (AMEX: WRP) said an affiliate it operates with Goldman Sachs' (NYSE: GS) Whitehall Street Real Estate Fund paid $27 million for four office buildings with 221,000 square feet and a ...
September 7, 1999 JACKSONVILLE, Fla. – Koger Equity Inc. (AMEX: KE) said it completed the sale of two office parks totaling 1.1 million square feet in Charlotte and Jacksonville to Lennar Partners Inc. (NYSE: LNR) for $70 million, or nearly ...
VertiNews.comSMSpecial ReportHigher mortgage rates have led to a slow-down in sales and a softening of prices in the New York office market.
September 2, 1999 CHICAGO – Great Lakes REIT (NYSE:GL) sold 565 Lakeview Parkway in Vernon Hills, Ill., for $8.8 million and expects to invest the sale proceeds in another building of similar value as part of a tax-deferred exchange. The ...
September 1, 1999 BOSTON – Boston Properties Inc. (NYSE:BXP) paid $117.6 million for two office buildings and two development sites at the Gateway Commercial Center in South San Francisco.The REIT is buying 601 and 651 Gateway Boulevard, which have a ...
September 1, 1999 WASHINGTON, D.C. – CarrAmerica Realty Corp. (NYSE:CRE) signed a 145,000-square-foot lease expansion with Janus Capital Corp. at Riata Corporate Park in Austin, Texas.As a result of the expansion, Janus will occupy 200,000 sf at the development, which ...
September 1, 1999 LOS ANGELES – Morgan Stanley Real Estate Funds' Kearny Real Estate Co. sold its Long Beach Corporate Square office complex in Long Beach, Calif., to Regency Realty Corp. (NYSE:REG).Regency, a Jacksonville, Fla., REIT that primarily owns grocery-anchored ...
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