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September 24, 2004 Bank of America CMBS Capital Markets recently provided $20.3 million of financing for the acquisition of Lakemont East II, a Class-A office building that is part of the Lakemont Business Park in Fort Mill, S.C.Lexington Corporate Properties ...
September 23, 2004 Edens & Avant, a Columbia, S.C., real estate company specializing in the retail sector, is selling a controlling interest in its third-party real estate services business. The company will retain an interest in the unit, which handles ...
September 21, 2004 Commercial Real Estate Direct Staff ReportWachovia has provided $118 million of fixed-rate financing for Coastal Grand-Myrtle Beach, a regional mall in Myrtle Beach, S.C.The long-term, fixed-rate mortgage is comprised of a 10-year, $100 million A-note with an ...
September 16, 2004 Government Properties Trust Inc. (NYSE:GPP) has bought the Hollings Judicial Center Annex in Charleston, S.C., for about $19 million.Government Properties Trust, an Omaha, Neb., REIT, invests in single-tenant properties under long-term leases to the U.S. government. The ...
September 7, 2004 Lexington Corporate Properties Trust (NYSE:LXP) has paid $29 million for a recently constructed office building in Fort Mill, S.C., that is net leased to Wells Fargo Bank.The 169,218-square-foot property, in the Lakemont Business Park in Fort Mill, ...
August 4, 2004 Cornerstone Realty Income Trust Inc. (NYSE:TCR) of Richmond, Va., has entered into a joint venture with Sterling American Property Inc. of Great Neck, N.Y.The joint venture has acquired Cornerstone's two apartment communities in Columbia, S.C., for about ...
July 30, 2004 Epoch Properties Inc. has hired Rockwood Realty Associates to sell a portfolio of six apartment properties in Florida and the Carolinas.While no asking price could be learned, the portfolio – which totals 1,830 units or about 2 ...
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