April 19, 2001 NEW YORK – Logany LLC, the European family that owns One Broadway, has retained Insignia/ESG to lease and manage the 195,651-square-foot property.Insignia's Bruce Surry, Gregg Popkin, Wayne Taub and Stephen Apple will manage the account, while Robert ...
April 19, 2001 Commercial Real Estate Direct Staff ReportSanwa Bank of California has provided $25 million in construction financing for Menlo Equities' build-to-suit office development in downtown San Jose.The project is being built for broadband networking and communications company Raza ...
April 19, 2001 COLUMBIA, S.C. – Lexington Corporate Properties Trust (NYSE:(NYSE: LXP) plans to expand an office building on Technology Circle, at an estimated cost of $10.5 million.The 348,410-square-foot building, at 17 Technology Circle, will be expanded by two stories, ...
April 19, 2001ORANGE, Calif. – Marquis Property Co. has purchased the 68,504-square-foot Park Orangewood from The Muller Co. for $9.2 million, or about $134/sf.The office complex, located within the business area surrounding Edison Field, features 11 freestanding buildings and sits ...
April 18, 2001 NEW YORK - London has passed Tokyo as the world's most expensive city when it comes to office space, according to Business Space Across the World, the annual report by Cushman & Wakefield.Prime office space occupants in ...
The firm, which bought a portfolio of 12 properties from First Union Real Estate, has moved its disposition effort into gear. It has tapped CB Richard Ellis to market a Denver building.
April 17, 2001 DENVER - AmeriVest Properties Inc. (NYSE:AMV) will purchase shares of its common stock for its dividend reinvestment plan.The purchase will be in the open market for its first-quarter dividend of $0.125/share, payable to shareholders of record on ...
April 17, 2001 HOUSTON - Kennedy-Wilson Inc. (NYSE:KWIC) has completed the acquisition of a suburban office portfolio consisting of three properties for the company's KWI Property Fund I LP.Terms of the deal were not disclosed.KWI Property Fund I is a ...
April 17, 2001 ATLANTA – A partnership between Hines and General Motors Asset Management has completed its purchase of the Atlanta Financial Center. The 900,000-square-foot building was originally slated to be purchased by Hines and General Electric's pension fund, but ...
April 17, 2001 The owners of the Bank of America building in downtown San Francisco have reportedly pulled the trophy office tower off the sales block.The Shorenstein Co. and BofA are looking for other ways to recapitalize the 52-story office ...
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