Government Agency Relocating D.C. Offices, Taking Less Space
April 25, 2024
400,000-SF Industrial Project Planned for Silver Spring, Md.
April 25, 2024
Subject: Property Offerings (OFF)
Ohio Town to Look for New Owner for Plant
December 8, 1999 Associated PressDOVER, Ohio – The mayor of Dover says he will work with the state and others to find a company interested in taking over the A-K Steel plant scheduled to close here next month. A-K Steel ...
Pru Shops Stake in Boston’s One Beacon, Newspaper Says
December 7, 1999 Prudential Insurance Co. is said to be offering a stake of more than 50 percent in One Beacon Street, a 1.1 million-square-foot office building in Boston.Prudential is said to have placed a $286 million, or $260/sf, value ...
SL Green To Sell 2 Manhattan Buildings; Will Close on 100 Park
If the two structures fetch the asking price, the sales will total more than $43 million. Meanwhile, the purchase of 100 Park Avenue draws closer.
Conseco, Trump Offer Interests in GM Building, NYTimes Says
December 1, 1999 Conseco Inc. and Donald Trump have started marketing condominium interests in Manhattan's GM Building, which the two bought last year for $800 million, or $492/sf.According to the New York Times, the investment team could generate up to ...
Maguire Plans to Sell Massive Dallas Office Complex
The Los Angeles developer is looking to take advantage of strong market conditions. He's wants to recover about $310 million for 1.2 million sf in the Solana office complex.
Maguire Puts MGM Plaza Up for Sale, Asks $350 Mln, LA Business Journal Says
November 29, 1999 Maguire Partners has put the MGM Plaza in Los Angeles up for sale. The 1 million-square-foot office building has a price tag of about $350 million, according to the Los Angeles Business Journal.Secured Capital and Cushman & ...
FDIC Eyes Sale Of Up to $1 Bln of Performing, Nonperforming Mortgages
FDIC is exploring ways of selling up to $1 billion of loans, some of which are nonperforming, that served as collateral for several RTC securitizations.
FedEx Offers 46 Acres in Southern California Ideal for Mixed-Use Project
FedEx is looking to sell a 46-acre site in El Segundo, Calif., that has been approved for a mixed-use project. Price tag: $45.6 million.
Met Life Canada to Offer 33 Properties, Globe and Mail Says
November 22, 1999 Metropolitan Life Insurance Co. will soon offer 33 office buildings and shopping centers it owns in Canada, according to The Globe and Mail.The newspaper said the insurer is currently in the process of hiring real estate brokers ...
LASER Mortgage to Sell $30 Mln of “Less Liquid” Assets
November 16, 1999NEW YORK – LASER Mortgage Management Inc. (NYSE:LMM) will sell about $30 million of what it called "less liquid" assets as part of its plan to reduce the volatility of its portfolio.The company, which invests in residential mortgage-backed ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
