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Commercial Real Estate Direct Staff Report A 552,000-square-foot mall near Morgantown, W.Va., is being offered for sale with a $32 million, or about $58/sf, asking price. The Middletown Mall, at 2500 Fairmont Ave., has a mix of retail and office ...
Inland American Real Estate Trust Inc. has paid $25.5 million for the Charleston Marriott, with 347 rooms in downtown Charleston, W. Va. Inland, an Oak Brook, Ill., REIT whose shares do not trade on any exchange, bought the 14-story property ...
Goldman Sachs has provided $45 million of fixed-rate financing for Grand Central Mall, a 909,650-square-foot retail center in Parkersburg, W.Va., owned by Glimcher Realty Trust.The 10-year loan, with a rate of 6.05 percent, takes out a $39.3 million mortgage that ...
Commercial Real Estate Direct Staff ReportThe Martinsburg Mall, one of four shopping centers owned by Lightstone Group that have been delinquent on their $91.4 million of debt for 18 months, has been sold.But the prospective buyer for the remaining three ...
By John Covaleski, Commercial Real Estate Direct Staff Writer Four regional malls, with a combined 1.9 million square feet, that are owned by Lightstone Group and are in receivership, have been put up for sale. Lightstone Group, a Lakewood, N.J., ...
The Justice Family Group has acquired the bankrupt Greenbrier Hotel Corp., which includes the 721-room Greenbrier Resort in White Sulphur Springs, W. Va., the two companies said.The purchase supplants plans by Greenbrier's former parent company, CSX Corp., to sell the ...
Marriott International has agreed to buy the 721-key Greenbrier Resort in White Sulphur Springs, W. Va., for up to $130 million. It is buying the property from Greenbrier Hotel Corp., which has filed for Chapter 11 bankruptcy and would retain ...
Glimcher Realty Trust has lined up a $25 million mortgage for its Grand Central Mall, a 909,650-square-foot retail center in Parkersburg, W.Va.The Columbus, Ohio, REIT used proceeds of the loan, which could be increased to $47 million, as well as ...
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