Subject: West Regional Digest (WDIG)

May 31, 2000 Traditional pricing ratio shifts for wary buyersThe Wall Street Journal, May 31SANTA CLARA, Calif. – The Blackstone Group has contracted to buy Central at San Tomas, a 620,000-square-foot complex of seven buildings here, from AEW Capital Management ...

May 30, 2000 Hines takes lead in contest for San Francisco trophyReal Estate Finance & Investment, May 29 SAN FRANCISCO – Hines has reportedly taken the lead in the contest for 50 Fremont St. with an estimated bid of $261 ...

May 26, 2000 Industry news: Bellevue project adds 22-story office towerThe Seattle Post-Intelligence, May 26BELLEVUE, Wash. – Tochterman Management Group, which is developing the Palladium Center, is planning a 22 story, 430,000-square-foot office tower, along with two hotels: a 550 ...

May 25, 2000 CT Realty purchases five office buildings The Los Angeles Times, May 25 LOS ANGELES – CT Realty of Newport Beach has paid $24.5 million for five office buildings from Newport Federal. The buildings, four of which are ...

May 24, 2000 Judge rejects tribes' claim to prime Navy land The Los Angeles Times, May 24 SAN DIEGO, Calif. – A federal judge in Washington, D.C., has rejected a bid by 12 Indian tribes to stop the city of ...

May 23, 2000 CalPERS launches fund for real estate investmentsThe Los Angeles Times, May 23 LOS ANGELES – The California Public Employees' Retirement System has launched a $500 million fund to invest in telecommunications firms, online commercial property listing services ...

May 22, 2000 Unico Properties buys Portland's U.S. Bancorp Tower The Business Journal of Portland, May 22 PORTLAND, Ore. – Seattle-based Unico Properties Inc. has signed a contract to purchase "Big Pink," the 42-story U.S. Bancorp Tower at 111 S.W. ...

May 19, 2000 Downtown Denver office tower acquired The Denver Post, May 19 DENVER – Chicago-based CMD Realty Investors Inc. has acquired the AT&T building in downtown for $17.3 million, or nearly $93/sf, from Crescent Real Estate of Dallas. The ...

May 18, 2000 Private office highrise going up in Oakland The San Francisco Chronicle, May 18 OAKLAND, Calif. – Shorenstein Realty Investors expects that in two weeks it will begin construction of a 20-story tower for Internet company Ask Jeeves, ...

May 17, 2000 City looks to buy Transamerica CenterThe Wall Street Journal, May 17 LOS ANGELES – The City is looking to buy the Transamerica Center from Dutch insurer Aegon NV, which acquired the 1.2 million-square-foot office complex when it ...