State: Alabama - AL
Fitch Upgrades CMAC 1996-C1
September 27, 2001 NEW YORK – Fitch has upgraded Commercial Mortgage Acceptance Corp., 1996-C1, because subordination levels have increased as a result of amortization and loan paydowns.The rating agency upgraded the deal's $16.1 million class D to triple-A from double-A; ...
New Plan Completes Sales of Garden Apartments for $380Mln
September 24, 2001 NEW YORK – New Plan Excel Realty Trust Inc. (NYSE:NXL) has completed the $380 million sale of its entire garden apartment portfolio.A group made up of Houlihan-Parnes Realtors LLC and CLK Management Corp. purchased the bulk of ...
CBL & Associates Buys 50% Stake in Ala. Mall
April 3, 2001 CHATTANOOGA, Tenn. – CBL & Associates Properties Inc. (NYSE:CBL) has completed its $43.3 million purchase of the 50 percent interest in Madison Square Mall that it did not already own.CBL paid its two minority partners 603,344 special ...
Madison Square Mall
For the 934,000-sf regional mall, CBL paid minority partners 603,344 special shares of its OP unit ($32.25/unit) and assumed a $23.8Mln mortgage.
600 Beacon Parkway West
aka Concourse Center building
Norbord Industries to Build $120 Mln Plant in Alabama
January 4, 2000 Associated PressHUGULEY, Ala. – Canadian-based Norbord Industries has confirmed plans to build a $120 million plant in Chambers County, Ala.The plant is expected to employ 130 people in this east Alabama town. The plant will manufacture a ...
Target Plans 1.2 million sf Warehouse in Alabama
November 5, 1999Associated PressHuntsville, Ala. – Target Stores will build a distribution center in Limestone County, Ala., near the Tennessee border. The 1.2 million-square-foot warehouse and distribution center will serve 100 Southeastern stores and eventually create 800 jobs. Target's owner, ...
Colonial Properties Trust To Develop Birmingham Center
October 15, 1999 BIRMINGHAM, Ala. – Colonial Properties Trust (NYSE: CLP) has commenced development of the new Colonial Promenade Tutwiler Farms in the expanding Birmingham retail market. The center will be a 516,000-square-foot community facility with six anchor stores and ...
Colonial Properties Signs Tenant at 1800 International Park
October 11, 1999 BIRMINGHAM, Ala. – Colonial Properties Trust (NYSE:CLP) has signed Mortgage America Inc. as the lead tenant at its new 146,000-square-foot office facility in Birmingham. The mortgage company will occupy 17,000-sf at 1800 International Park in March.Colonial Properties ...
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