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September 11, 2003CBL & Associates Properties Inc. (NYSE:CBL) has completed the acquisition of the 1.05 million-square-foot Cross Creek Mall in Fayetteville, N.C., the first of four regional malls it is buying from partnerships managed by Faison Enterprises.CBL also assumed management ...
September 11, 2003 First Capital Realty Inc. has completed the acquisition of two neighborhood shopping centers in Calgary, Alberta., for C$40.65 million (US$29.6 million). Tuscany Plaza is a fully leased, 85,000-square-foot center in Northwest Calgary. McKenzie Towne Centre comprises 107,000 ...
September 11, 2003 Berkeley Investments has completed the acquisition of 343 Congress St. in Boston on behalf of an undisclosed European investment group for an undisclosed price.The property was purchased from Intercontinental Cos. The 111,583-square-foot building was constructed in 1888 ...
September 10, 2003 Chicago Tribune (Second Item)Developer Richard Tucker has bought Ravinia Plaza, a prime, 101,800-square-foot retail center on La Grange Road in Orland Park, Ill. The center's largest tenants are Borders Books & Music and Pier I Imports. Sources ...
September 10, 2003 Chicago Sun Times (Fourth Item)CMD Realty Investors acquired from Hawthorn Interests a 483,000-square-foot industrial building at 7300 Linder in Skokie, Ill. A source said the price was about $18 million. CMD, a large owner of office buildings, ...
September 10, 2003 The Times (Trenton, N.J.)The Gale Co. has bought Princeton Forrestal Village, a long-struggling retail and office complex in Plainsboro, N.J., for about $40 million. The Florham Park, N.J.-based real estate company – which has managed the property ...
September 10, 2003 Chicago Sun Times (Third Item)Lehman Brothers, last week bought out developer B.J. Spathies' interest in the River Ben Condo project in Chicago for about $500,000, or the cost of one home in the 149-unit building. Lehman also ...
September 9, 2003 Mainstreet Equity Corp. (TSX:MEQ) has acquired Caravelle Apartments, a 218-unit building in the North York area of Toronto, Ontario. The Calgary, Alberta, opportunistic real estate firm bought the tower at 5 Dufresne Court for C$16.7 million (US$12.2 ...
September 9, 2003 A partnership between the Witkoff Group and the Praedium Group has sold two more mixed-use properties in Manhattan's SoHo district for more than $22 million.The sale of 470 Broome St. and 72-76 Greene St. represents the venture's ...
September 9, 2003 Praedium Group LLC and ScanlanKemperBard Cos. have sold the Crenshaw Imperial shopping center in Inglewood, Calif., for $15.5 million.Praedium, a New York opportunistic investor, and ScanlanKemper, a Portland, Ore., merchant bank, sold the 159,000-square-foot property to a ...
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