596,383-SF Office Building in Tampa, Fla., May Get New Owner
April 24, 2024
Kenosha, Wis., Shopping Center Sells for $27.6Mln
April 24, 2024
State: Ohio - OH
Eastdil Tapped to Market Dutch Shell Pension Fund’s Buildings
Eastdil Realty has won a hotly contested bidding contest to represent the Dutch Shell Pension Fund in its evaluation of a possible sale of several trophy office properties in New York, Washington, Atlanta and Cincinnati.
Dutch Pension Fund Seeks Broker for Manhattan Trophy
Royal Dutch Shell is seeking to unload 450 Lexington Ave., a 905,000-square-foot building that could bring in more than $300 million. The fund could also be readying a Washington, D.C., tower to go with it.
REIT Finances Properties, Sets Up Credit Line, Plans More Refi
April 2, 2001 NEW YORK – Lexington Corporate Properties Trust (NYSE:LXP) has raised $27.6 million in two financing deals, secured a $35 million credit line and plans to raise another $32.5 million in mortgage debt this quarter.The REIT raised the ...
Arbor Commercial Places $17 Mln Mortgage with Deutsche Bank
February 23, 2001 UNIONDALE, N.Y. – Deutsche Bank Mortgage Capital has provided a $17 million 10-year mortgage to finance the purchase of a 300-unit apartment complex in Columbus, Ohio.The loan, which amortizes over 30 years and carries a rate of ...
Investor Quits Cleveland Complex, Developer Seeks Replacement
A $135 million hotel, office and condo project will proceed despite the departure of Larry Dolan, the owner of baseball's Cleveland Indians. The remaining investors are hunting for added capital.
HVB Capital Provides $11.3 Mln in Financing for Ohio Office Building
February 12, 2001 TWINSBURG, Ohio – Time Equities Inc. has received $11.3 million in fixed-rate financing from HVB Capital to buy the 173,000-square-foot Cole Vision World headquarters.L.J. Melody and CB Richard Ellis arranged the financing for the two-story office building.The ...
Jacobs Group Transfers Ownership at 2 Columbus Malls
January 31, 2001 CLEVELAND – Two of Richard E. Jacobs Group's Ohio shopping centers will transfer ownership to Times Square Real Estate Investors.Northland Mall and Westland Mall's ownership change will be effective today.The move is a continuation of The Jacobs ...
Glimcher $170 Mln Credit Line Extended 3 Years
January 29, 2001 COLUMBUS, Ohio – Glimcher Realty Trust (NYSE:GRT) has negotiated a three-year extension of its $170 million revolving line of credit.The credit line, which now matures on Jan. 31, 2004, is secured by three Ohio malls: The Mall ...
Glimcher Realty Refinances Ohio Community Center
January 29, 2001 MOUNT VERNON, Ohio – Glimcher Realty Trust (NYSE:GRT) has received a $9.3 million fixed-rate mortgage refinancing on its Knox Village Square community center.The mortgage, which matures Feb. 1, 2008, has a fixed rate of 7.41 percent.Proceeds were ...
Developer Seeks Tenants, Financing for Ohio Mixed-Use Project
DeHoff Development is about to break ground on a mixed-use project in northeastern Ohio. It has lined up a hotel operator, but is looking for tenants for the project's office component. It is also looking for financing for the $40 ...
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