Subject: Property Acquisitions (ACQ)

January 6, 2005 A group of tenant-in-common investors led by Passco Real Estate Enterprises Inc. has paid $42.4 million for Silver City Plaza, a recently completed shopping center in Las Vegas.The 41,583-square-foot property was developed by a group led by ...

January 6, 2005 McMorgan & Co., an investment management affiliate of New York Life Insurance Co., has purchased 303 West Madison in downtown Chicago's West Loop area.The San Francisco company is said to have paid $63 million for the 310,880-square-foot ...

January 6, 2005 Alexandria Real Estate Equities Inc. (NYSE:ARE) has agreed to buy two properties from ID Biomedical Corp. and then lease them back to the biotechnology company.The Pasadena, Calif., REIT will pay C$50 million (US$40.8 million) to ID Biomedical ...

January 6, 2005 Shidler Group has paid $142 million for a portfolio of 19 office and research and development buildings.The properties, with 1.1 million square feet in San Diego and Los Angeles, were acquired from Arden Realty Inc.In a separate ...

January 5, 2005 The Boston HeraldHarvard University has added to its Boston-area real estate holdings by purchasing the 308-room Doubletree Guest Suites in Allston, Mass., for an undisclosed price. Harvard officials pledged that the15-story hotel would remain in business for ...

January 5, 2005 New York Post (Second item)The Bobker group, under the name of Bluebell Assets, has bought 11 E. 36th St. in Manhattan for $16.825 million from investor Leon Charney. The 12-story, 97,000 square-foot building goes through the block ...

January 5, 2005 Chicago TribuneA joint venture that includes a subsidiary of London insurer Prudential Plc and JP Morgan Chase's Strategic Property Fund closed on its purchase of a Chicago retail complex for a price said to be around $250 ...

January 5, 2005 Chicago Tribune (Third item)Colliers Bennett & Kahnweiler Inc. brokered the sale of three industrial buildings in the suburbs of Chicago last month. ING Realty Partners LP paid about $13 million for a 129,600-square-foot building at 140 N. ...

January 5, 2005 Chicago Sun-TimesDePaul University has acquired a former Chicago factory for about $8 million with plans to build administrative offices on the site. The former "Rubens baby factory" at 2340 N. Racine in Lincoln Park, was sold by ...

The recently formed REIT plans to invest another $20 million improving the Stratford Square Mall, a 1.3 million-sf shopping center in Bloomingdale, Ill. It funded its purchase with a $75 million floating-rate loan.