April 12, 2001 SEATTLE – AvalonBay Communities has purchased 995 apartment units in three communities for $129.3 million during the first quarter.The properties are: the 333-unit Avalon Wynhaven; the 424-unit Avalon Brandemoor; and the 238-unit Avalon Wildwood.The company also sold ...
March 27, 2001 MANHATTAN BEACH, Calif. – Center Trust Inc. (NYSE:CTA) has sold two shopping centers, one in California and one in Washington, for $29.1 million.The company sold the 169,000-sf Madera Marketplace in Madera, Calif., and the Westgate North, a ...
A venture involving Dolce International, AEW and Soros Real Estate Investors has purchased the Skamania Lodge along the Columbia River in Washington. The purchase price is believed to be $44 million.
February 26, 2001 SAN DIEGO – Burnham Pacific Properties Inc. (NYSE:BPP) has completed the $19 million sale of two shopping centers to Retail Value Investment Program, a venture of Developers Diversified Realty (NYSE:DDR), Coventry Real Estate Partners and Prudential Real ...
February 6, 2001 BAINBRIDGE ISLAND, Wash. - Alexander & Baldwin Inc. (NYSE:ALEX) and its subsidiary, A&B Properties Inc., have sold three real estate assets on the island for $15.6 million to Joshua Green Corp.Included in the sale were the 97,000-square-foot ...
Buyer plans to spend $15 Mln to add 59 units and 13,000 sf of meeting space to the renamed Dolce Skamania Lodge, giving it 254 rooms and 35,000 sf of space.
January 31, 2001 SEATTLE – Equity Office Properties Trust (NYSE:EOP) has decided to bring the leasing and management for the majority of its 8.1 million-square-foot Pacific Northwest portfolio in-house.Office property developer Wright Runstad & Co., which had been managing the ...
January 31, 2001 SEATTLE – Equity Office Properties Trust (NYSE:EOP) has promoted Patrick Callahan to senior vice president of the new Seattle regional headquarters.Callahan is a 10-year veteran of Equity Office. Previously, he was vice president of property management in ...
The Canadian property owner has decided to sell five U.S. office properties comprising more than 1.4 million sf. The company values them at $560 million and has hired Lazard Freres to find buyers.
January 23, 2001 AvalonBay Communities Inc. (NYSE:AVB) has acquired two apartment buildings, for $88 million, and sold two other apartment buildings, for $37 million.The Alexandria-Va.-based multifamily REIT purchased Arlington Place in the Chicago area for $49.1 million. The 409-unit, two-building ...
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