September 28, 2001 MILFORD, Ohio – W.P. Carey & Co. LLC (NYSE:WPC) has paid $14.8 million for a distribution center in a sale-leaseback transaction with New Creative Enterprises Inc.Under the terms of the $34/sf deal, New Creative Enterprises will lease ...
aka Commerce Park Square IV and V
NCE to lease the warehouse/distribution bldg under 20-yr bond-type net lease w/ 5 more 5-yr renewal options
August 13, 2001 Commercial Real Estate Direct Staff ReportCLEVELAND – Prime Group Realty Trust (NYSE:PGE) has received $67 million of floating-rate financing for the National City Center from Corus Bank.The five-year loan carries a rate pegged to three-month Libor plus ...
LaSalle Investment Management wants to sell an industrial portfolio that's almost 1 million square feet for about $33 million. Trammell Crow is marketing the four properties in Chicago, Louisville, Cincinnati and Akron, Ohio.
July 3, 2001 CLEVELAND – Developers Diversified Realty (NYSE:DDR) has sold two shopping centers for $42.25 million to an undisclosed buyer.The proceeds were used to repay debt and fund property acquisitions and development projects. The properties sold were the 247,000-square-foot ...
June 27, 2001 Minshall Stewart Properties has received $26.9 million financing from Bear Sterns and CIBC World Markets to refinance three office buildings in Ohio, Denver and Maryland.The financing consisted of a $15.5 million loan from Bear Sterns on 88 ...
A group led by Walton Street Capital has hired Granite Partners to market for sale One Cleveland Center, one of the city's top office buildings. The property could sell for more than $80 million.
June 18, 2001 Commercial Real Estate Direct Staff ReportJ.P. Morgan Chase, Lehman Brothers and RAIT Investment Trust have provided a total of $55 million of financing allowing Stratford Business Corp. to refinance a portfolio of suburban office buildings. The financing, ...
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