Government Agency Relocating D.C. Offices, Taking Less Space
April 25, 2024
400,000-SF Industrial Project Planned for Silver Spring, Md.
April 25, 2024
State: Tennessee - TN
Wells Real Estate Funds Buys $25Mln Office Building
May 16, 2001 BRENTWOOD, Tenn. – Wells Real Estate Funds has purchased a 201,237-square-foot Class-A office building for $25 million. The property, at 5301 Maryland Way, is fully leased to Comdata Corp. for 15 years. The three-story property is 64 ...
5301 Maryland Way
The three-story property is fully leased to Comdata Corp. for 15 years.
6075 & 6750 Poplar
Crescent Center at 6075 Poplar (336,000 sf) and Forum I at 6750 Poplar (162,000 sf); No purchase price has been released, but sources say the REIT may pay between $50Mln and $70M for both properties.
Nationwide Provide $17.7Mln in Financing for Memphis, Tenn., Warehouse
April 27, 2001 MEMPHIS, Tenn. – AF Memphis LLC has received $17.7 million in permanent financing from Nationwide Life Insurance Co. for a 1.1 million-square-foot warehouse building.The 10-year fixed-rate loan has a 25-year amortization and carries an interest rate of ...
Bell Selling $136Mln in Residential Properties to Berwind
April 26, 2001 GREENSBORO, N.C. – Steven D. Bell & Co. is selling 12 apartment properties in the Southeast to the Berwind Property Group of Philadelphia in a deal valued at more than $136 million.Bell, a real estate company based ...
W.P. Carey Buys 4 Facilities for $22Mln in Sale-Leaseback
April 12, 2001 NEW YORK – W.P. Carey & Co. LLC (NYSE:WPC) has purchased four facilities from Gibson Guitar Corp. for $22 million.W.P. Carey purchased the sites on behalf of Corporate Properties Associates 14 Inc., one of its members.Gibson will ...
Mall at Green Hills
Green Hills Mall LLC is an affiliate of Davis Street LLC; mall to be managed/leased by Davis Street Land Co.
United Investors Realty Trust Explores Liquidation
First Union Securities, the REIT's financial adviser, will explore either selling the company or the bulk of its assets.
Saks Agrees to Sell 1.7 Mln sf to May Department Stores for $310 Mln
January 30, 2001 BIRMINGHAM, Ala. – Saks Inc. (NYSE:SKS) has agreed to sell nine store locations, along with certain related merchandise inventory and customer accounts receivable, to May Department Stores Co. for about $310 million.Saks will use proceeds from the ...
GMAC Opens Office in Memphis, Tenn.
January 30, 2001HORSHAM, Pa. – GMAC Commercial Mortgage Co. has opened a production office in Memphis, Tenn., and has named Frank Stallworth vice president-branch manager of the new loan origination operation.Joining Stallworth in Memphis are Ted Simpson, director of underwriting, ...
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
