State: Delaware - DE

The New York REIT is buying a massive open-air shopping center on the Delaware/Pennsylvania border. It is assuming $38.3 million of debt in the acquisition, but is said to be looking for substantially more debt.

The Brandywine Building in Wilmington's central business district is being offered for sale. While no price asking price could be learned for the 19-story building, some say it could sell for as much as $80 million.

August 31, 1999 By Paul Gereffi, VertiNews.com CorrespondentSteak N' Shake, the Indianapolis-based restaurant chain that has long been a fixture in the Midwest and Central Florida, is launching an aggressive expansion campaign in South Florida.The chain, a subsidiary of Consolidated ...

August 24, 1999 BETHESDA, Md. – First Washington Realty Trust Inc. paid $11.7 million for the Newark Shopping Center in Newark, Delaware.The 183,000-square-foot property is fully occupied with 45 tenants. First Washington, which bought the property from a private partnership, ...

July 26, 1999 ATLANTA – Abrams Industries Inc. (Nasdaq: ABRI) said its Abrams Properties Inc. unit paid $9 million for Crossroads Square Shopping Center in Jacksonville, Fla.The company plans to redevelop the 174,000-square-foot community shopping center using proceeds from the ...

By Jeff Mordock, Commercial Real Estate Direct Staff WriterThe Buccini/Pollin Group has agreed to pay $28 million for Crozier Center, a 453,099-square-foot office complex in Newark, Del.The Wilmington, Del., developer is purchasing the five-building property from Bank of America, which ...

By Jeff Mordock, Commercial Real Estate Direct Staff WriterThe Buccini/Pollin Group has agreed to pay $28 million for Crozier Center, a 453,099-square-foot office complex in Newark, Del.The Wilmington, Del., developer is purchasing the five-building property from Bank of America, which ...