Subject: Property Offerings (OFF)
Steeltech Creditors Hire Brokers to Sell Plant
March 15, 2000 Associated Press MILWAUKEE – Creditors of the bankrupt Steeltech Manufacturing Inc. have hired The Dickman Co. and Jones Lang LaSalle to market a plant they have been trying to sell independently for several months.The creditors group, which ...
Boeing Eyes Sale of Surplus Land in California
March 14, 2000 SEAL BEACH, Calif. – Boeing Realty Corp. is planning to sell 48 acres of undeveloped land next to its Space and Communications Group headquarters in Seal Beach.The property is zoned for light industrial/manufacturing. Boeing has been developing ...
Home of Boston Stock Exchange up for Sale
The historic site, built in 1903, has been home to the exchange for just one year. The asking price is more than $30 million, but its owners could get more.
20 Exchange Place, Another Witkoff Property, on the Market
The 57-story building in Downtown Manhattan has just been renovated and is nearly full. The Witkoff Group and a partner had been privately marketing the building before recently hiring a broker, sources said. It could bring in more than $100 ...
Bentley Forbes Seeks to Sell 2 Net-Leased Properties in California
The Los Angeles investment firm has tapped Kennedy-Wilson to market a Sacramento-area property that is net leased to BankAmerica and a Torrance, Calif., retail property.
Canadian Firm Shops $271 Mln Portfolio of U.S. Mortgages
The Independent Order of Foresters is looking to sell a portfolio of commercial mortgages. It sold a portfolio last year, but this time it has hired a marketing adviser in an effort to goose the price it gets for the ...
Giant R&D Complex in Northern N.J. up for Sale
Novartis Pharmaceuticals is offering a 1.8 million-square-foot research and office campus in Northern New Jersey. The property could sell for more than $300 million. It will likely find no shortage of interested parties.
Amresco Sells Ocwen Mortgages, Eyes Additional Sale
Ocwen Financial paid about $170 million, or 93 percent of unpaid balance, for a portfolio of Amresco's mortgages. Meanwhile, word has it that Amresco's sister REIT is planning to sell a big batch of loans.
North Carolina Outlet Center Offered for $10.3 Mln
March 3, 2000 By Paul Gereffi, IPGDirect.com CorrespondentThe Burlington Manufacturers Outlet Mall in Burlington, N.C., has been put up for sale. The 225, 065-square-foot mall has an asking price of $10.25 million. The seller is a local partnership affiliated with ...
Schrager, NorthStar Put NY’s Barbizon Hotel on Block
Just two years after buying the Barbizon Hotel, Ian Schrager and NorthStar Capital Partners have decided to put it up for sale. They recently hired Carlton Group of New York to find a buyer. Potential sales price: $110 million.
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