September 12, 2002 Corporate Office Properties Trust (NYSE:OFC) will begin construction Friday on a four-story, 120,000-square-foot office building in Anne Arundel County, Md.The $18.9 million project will be at 140 National Business Parkway in the National Business Park. The office ...
September 10, 2002 SILVER SPRING, Md. – United Dominion Realty Trust (NYSE:UDR) has purchased three apartment complexes, totaling 1,352 units, for $64.2 million.The REIT paid $46.7 million for the 426-unit Ridgewood Apartments in Silver Spring, Md., and $17.5 million for ...
Built in 1983 and renovated in 1988; is 97% occupied, with tenants paying an average of $1,134/unit in rent.
built in 1995 on 29 acres. It was used by Warner Bros. Studios Stores.
CB Richard Ellis has been tapped to market the Meadows Business Park. Emmes and Apollo bought the 1 million-square-foot property eight years ago as an opportunistic play.
August 16, 2002 COLLEGE PARK, Md. – GMAC Commercial Mortgage Corp. and Ross Development LLC have purchased The Seven Springs Village Apartments.The joint venture purchased the 983-unit complex in June for $90 million from the project's original developer, who owned ...
August 13, 2002 BEL AIR, Md. – Mid-Atlantic Realty Trust (NYSE:MRR) has paid $25.5 million for a grocery anchored shopping center in this northeastern suburb of Baltimore.To fund the purchase, the Lutherville, Md.-based REIT used its line of credit and ...
August 12, 2002 NEW YORK – Fitch has raised one class in Allied Capital Commercial Mortgage Trust., 1998-1, because of increased subordination levels primarily due to loan amortization and prepayments.The $21.7 million class C was upgraded to triple-A from double-A-plus.As ...
August 5, 2002 NORTH SILVER SPRING, Md. – Corporate Office Properties Trust (NYSE:OFC) has paid $27.3 million, or about $115/sf, for a 236,441-square-foot office building at 11800 Tech Road.The property, near MD Route 29 and New Hampshire Avenue, is 95 ...
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