February 7, 2005 Boston Business Journal Invesco Real Estate has paid $15.5 million for a warehouse facility in Franklin, Mass. The 227,000-square-foot distribution center at 135 Constitution Blvd. is fully leased to a Richmond, Va.-based medical and surgical supply distributor ...
February 7, 2005 Baltimore Business JournalArrow Parking has purchased Baltimore's Morris Mechanic Theatre for $6 million. The property, located at 25 Hopkins Plaza includes a 1,600-seat theater, 40,000-square feet of commercial space, and an underground parking garage. Arrow did not ...
February 7, 2005 Washington Business Journal Corporate Office Properties Trust plans to acquire the 220,000-square-foot headquarters of Celera Genomics, a two-building property with lab and office space in Rockville, Md. The price will range from $45 million to $50 million ...
February 7, 2005 Cedar Shopping Centers Inc. (NYSE:CDR) has inked a $90 million deal to buy a portfolio of 27 retail properties in Ohio, Pennsylvania, New York, and Connecticut.The sellers are 33 partnerships affiliated with an undisclosed Ohio-based developer. The ...
February 7, 2005 Inland Western Retail Estate Trust Inc. completed its acquisition of Midtown Center, a Milwaukee shopping center, for $53 million. A joint partnership between Boulder Venture LLC and Canyon Johnson Urban Fund sold the property.The site was constructed ...
February 4, 2005 Ben Elias Industries has acquired four single-tenant industrial buildings in Inwood, N.Y. The 277,303-square-foot property is part of the JFK Airport submarket on Long Island. The buildings house tenants that include Airborne Freight, Pidy Gourmet and affiliates ...
February 4, 2005 Westfield Group has paid $69.2 million for an additional 25 percent interest in Valencia Town Center, an 859,798-square-foot shopping mall outside of Los Angeles.The purchase values the property at nearly $280 million.Westfield now owns a 50 percent ...
February 4, 2005 Pennsylvania Real Estate Investment Trust (NYSE:PEI) has completed its $59.5 million purchase of the Cumberland Mall in Vineland, N.J. As previously reported, the Philadelphia REIT will assume two mortgages on the property, totaling about $47 million.Comments? E-mail ...
February 4, 2005 Equity One Inc. (NYSE:EQY) has paid $12.6 million for the 155-acre Sunlake development parcel in Pasco County, Fla. The North Miami Beach, Fla., REIT teamed with Amprop Development Corp. of Tampa to buy the property. Equity One ...
The Oak Brook, Ill., REIT plans to acquire five properties totaling 638,130 square feet for about $116.1 million.
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