October 1, 2001TETERBORO, N.J. – Keystone Property Trust (NYSE:KTR) has sold a 332,352-square-foot distribution center here for $38.7 million to an undisclosed buyer.The center is at 200 Industrial Drive.The REIT also sold a 39,785-sf facility in Fairfield, NJ, for $2.9 ...
September 27, 2001 WAYNE, N.J. – WP Commercial LLC, as managing member of Wellsford/Whitehall Group LLC, has sold the Pointview Corporate Park to Toys R Us Inc. for $36.5 million.The 575,000-square-foot office complex sits on 194 acres and will serve ...
September 25, 2001 Teachers Insurance and Annuity Association, advised by Sonnenblick-Goldman Co., has sold six first mortgages secured by office buildings in New Jersey and Connecticut.A Midwestern savings bank bought the six loans, which were marketed as two separate pools.One ...
September 24, 2001 SOUTH PLAINFIELD, N.J. – Investcorp has sold a three-story, Class-B-plus office building for about $16 million to an undisclosed buyer.Investcorp purchased the roughly 160,000-square-foot Southfield Center in partnership with Crow Holdings of Dallas and Lincoln Equities Group ...
September 19, 2001 Nomura Securities' mortgage and CMBS trading operations have relocated to Piscataway, N.J., where the firm has a backup facility.Nomura had occupied space in Two World Financial Center, which was evacuated as a result of the terrorist attack ...
September 12, 2001 MELVILLE, N.Y. – Reckson Associates Realty Corp. (NYSE:RA) has raised about $107 million from the sale of four properties and interests in Keystone Property Trust (NYSE:KTR).The REIT sold four office properties totaling 600,000 square feet for about ...
Retailer plans to make the complex, which sits on 194 acres, its new HQ by consolidating other N. NJ offices.
CK Partners to change name of the office/warehouse complex to Hamilton Business Center.
August 14, 2001 Commercial Real Estate Direct Staff ReportAztar Corp. (NYSE:AZR) is preparing to launch a $225 million expansion of its Atlantic City Tropicana resort in Atlantic City, N.J.The company expects to begin construction of a 500-unit hotel and other ...
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