Subject: Property Offerings (OFF)
Missouri Officials Marketing Big Quaker Oats Plant
February 14, 2000 Associated PressST. JOSEPH, Mo. – City leaders are looking to attract a buyer for the soon-to-be-closed Quaker Oats plant here.They hope the 756,321-square-foot building will attract another employer like Quaker, which announced last month it would close ...
Government to Eventually Sell Damaged Building in Charleston
February 11, 2000 By Susanna Potter, IPGDirect.com Editorial AssistantCHARLESTON, S.C. – The federal government plans to sell the L. Mendel Rivers Federal Office Building at 334 Meeting St. in Charleston. But the disposition process could take up to a year.The ...
CB Investment Fund Might Offer Net-Leased Properties
February 9, 2000 CB Richard Ellis Investors, which manages a $500 million separate account that targets net-leased properties, could soon be looking to sell a portfolio of five retail properties and a distribution center that are leased to The Limited ...
First Industrial Sold $246 Mln of Properties at 9.14% Cap
February 9, 2000 CHICAGO – First Industrial Realty Trust Inc. (NYSE:FR) sold $245.8 million of properties last year, topping the $150 million of sales it had projected.The sales were made at prices that resulted in a melded initial yield, or ...
Family Looks to Raise Cash from Sale of Beachfront Land in Mexico
Eager to raise cash to shore up its financially strapped properties, a family is looking to sell 700 acres of beachfront land that it owns near Puerto Vallarta.
Hotel Used by Press during Bush Presidency for Sale
February 9, 2000 Associated PressKENNEBUNKPORT, Maine – A hotel long used as a media center for reporters covering President Bush is up for sale. The Shawmut Ocean Resort & Conference Center is on the market for $8.5 million. It includes ...
New York Offers Manhattan Apartment Complex, Paper Says
February 7, 2000 A New York City agency is offering a 151-unit apartment building in lower Manhattan, according to the New York Daily News.The Battery Park City Authority expects to raise more than $40 million for the 25-story property, Tribeca ...
Developer Offers Florida Land for Retail, Office
February 4, 2000By Paul Gereffi, IPGDirect.com CorrespondentThe Root Organization is offering four acres for sale at its Pines PCD Development in Port Orange, Fla. The land is located across the street from a Wal-Mart store along Clyde Morris Boulevard, near ...
Security Capital Parent to Exit All Non-Strategic Holdings
February 3, 2000 LUXEMBOURG – SC-U.S. Realty (NYSE: RTY) has decided to exit its special opportunity investments business, allowing the company to focus its resources on its strategic investments.In connection with the sale of the public securities in its special ...
Valuation Might Prompt Sale of CBOT Building in Chicago
February 2, 2000 The Chicago Board of Trade might be convinced to offer its 1.2 million-square-foot headquarters.A recent study conducted by Ernst & Young LLP determined the property could be sold for about $125 million, according to the Chicago Sun-Times. ...
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