Subject: Southeast Regional Digest (SEDIG)
Condos in Miami Beach, Fla., Reorganized
March 2, 2004 The Miami Herald (First Item)New Florida Properties Corp. has received a loan from United Lending for Blue Diamond and Green Diamond, its condominium projects in Miami Beach at 4775 and 4815 Collins Ave. United provided a first ...
Trump Group Buys Condos in Boca Raton, Fla.
March 2, 2004 The Miami HeraldThe Trump Group of Williams Island has purchased all the units in an aging oceanfront condominium in Boca Raton, Fla. Trump Group plans to raze the Villa Del Mar, a five-story, 30-unit complex, to make ...
SFBC Buys Miami HQ for $12Mln
March 2, 2004 South Florida Business JournalSFBC International, a drug development firm based in Miami, has paid $12 million for the property that houses its operations and corporate headquarters. The purchase about doubles the company's space to 160,000 square feet. ...
Ernst & Young Searching Atlanta Market for New Space
March 1, 2004 Atlanta Business Chronicle (First Item)Ernst & Young is hunting for at least 150,000 square feet of new office space in Atlanta. The accounting firm occupies about 200,000 sf at Cousins Properties' Bank of America Plaza on Peachtree ...
Negotiations in Final States for Eastwood Mall Sale in Birmingham, Ala.
March 1, 2004 Birmingham Business JournalNegotiations are in the final stages as Wal-Mart moves closer to buying Eastwood Mall in Birmingham, Ala. Meanwhile, the mall's two largest remaining tenants, Parisian and Books-A-Million, have had informal discussions with nearby Century Plaza ...
Developer Seeks Zoning Change to Expand Charlotte, NC, Mixed-use Project
March 1, 2004 Charlotte Business JournalLevine Properties Inc. has filed a rezoning proposal to expand its McAlpines Business Centers project in Charlotte, N.C., by 370,000 square feet, 110,000 of which would be reserved for retail tenants. The development, on Village ...
3 Apartments Complexes in Charlotte, NC-area Sold
March 1, 2004 Charlotte Business JournalThree apartments complexes in Charlotte, N.C., have been sold, in deals brokered by Apartment Realty Advisors. Richmond, Va.-based Weinstein Management Co. Inc. purchased the 302-unit Lodge at Ballantyne for $24.6 million from The Hanover Co. ...
Office Tower in Coral Gables, Fla., on the Market
March 1, 2004 South Florida Business JournalThe 15-story 550 Biltmore Way office building in Coral Gables, Fla., has just entered the market. Cushman & Wakefield of Florida is listing the 18-year-old Class-A building. JP Morgan has owned the landmark since ...
Wachovia Provides $7.6Mln for Chattanooga, Tenn., Apartments
February 27, 2004 Wachovia Multifamily Capital, Inc., a Freddie Mac lender, has provided $7.6 million of financing for the Waterford Place Apartments in Chattanooga, Tenn. Hurd Real Estate used the 10-year, fixed-rate loan to refinance the 272-unit property at 6220 ...
Grocer Puts Industrial/Office Site in Warsaw, NC, on the Block
February 27, 2004 C & S Wholesale Grocers Inc. is selling a 322,614-square-foot industrial/office building in Warsaw, N.C., at 1018 Highway 117 S. Binswanger/CBB, based in Philadelphia, is marketing the property. The property is minutes to I-40, with convenient access ...
About
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.
