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Subject: Mid-Atlantic Regional Digest (MADIG)

Mid-Atlantic Regional Digest

May 22, 2000 Industry News: Warner Theatre SoldWashington Post, May 22WASHINGTON – A real estate fund affiliate of Landesbank Hessen-Thuringen Girozentrale has purchased the Warner Theatre and office building for more than $200 million from a partnership of 20 financial ...

Mid-Atlantic Regional Digest

May 18, 2000 Penthouse publisher plans Atlantic City hotelNew York Post, May 18ATLANTIC CITY, N.J. – Bob Guccione, publisher Penthouse Magazine, will build a $140 million, 800-room, noncasino luxury hotel on two acres in Atlantic City. The 20-story hotel, tentatively ...

Mid-Atlantic Regional Digest

May 17, 2000 Investors to sell D.C. theater, officesThe Wall Street Journal, May 17 WASHINGTON – An investment group of Kaempfer Co. and 20 Dutch institutions is selling the landmark Warner Theatre and 560,000 square feet of adjoining office space ...

Mid-Atlantic Regional Digest

May 16, 2000 Mayor's political backers own sites near his choice for stadiumPhiladelphia Daily News, May 16PHILADELPHIA – Joseph S. Zuritsky, one of Mayor Street's top political fund-raisers, is trying to buy a 0.43-acre parcel on Vine Street. Zuritsky, president ...

Mid-Atlantic Regional Digest

May 15, 2000 Host Marriott Names New CEOThe Washington Post, May 15WASHINGTON – Host Marriott Corp. has named Christopher J. Nassetta new chief executive officer. Nassetta will officially take over from Terence C. Golden, who is retiring. Nassetta joined Host ...

Mid-Atlantic Regional Digest

May 12, 2000 Preliminary plan for Conshohocken complex gets OKThe Philadelphia Inquirer, May 12CONSHOHOCKEN, Pa. – Developer Brian O'Neil has received preliminary approval to develop the commercial phase of the $120 million "Millennium 2000" riverside office, retail, apartment and recreation ...

Mid-Atlantic Regional Digest

May 11, 2000 Real estate company sues city law firm over building dealsThe Philadelphia Inquirer, May 11PHILADELPHIA – Albert M. Greenfield & Co. is seeking compensatory damages of more than $19 million and punitive damages of $57 million from Wolf, ...

Mid-Atlantic Regional Digest

May 10, 2000 Norfolk, developer agree on terms for building downtown office towerThe Virginian-Pilot, May 10NORFOLK, Va. – Robinson Sigma Commercial Real Estate and Stanton Partners will begin construction by July 15 on a $40 million, 19-story office building at ...

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