LBA Realty Pays $200Mln for Denver Office Buildings
The Denver Business Journal LBA Realty LLC has paid $200 million for Denver Place North & South, an 815,000-square-foot office complex in Denver. The Irvine, Calif., real estate firm purchased the property from Amerimar Enterprises Inc. of Philadelphia, which...
Office Complex in Lowell, Mass., Expected to Sell for More Than $200Mln
Boston Business JournalDivco West Properties and Yale Properties have put the former Wang Towers complex in Lowell, Mass., up for sale. Eastdil Secured has the listing for the 1.2 million-square-foot suburban Boston office property, which is expected to sell...
Downtown Nashville Office Building Sells for $17.5Mln
Nashville Business JournalNortheastern Security Development Corp. has paid $17.5 million for the Parkway Towers, a 203,371-square-foot office building in downtown Nashville, Tenn. Triple Net Properties of Santa Ana, Calif., which bought the property in 2003 for $12.5 million, sold...
Suburban Denver Shopping Center Sells for $49.5Mln
A venture between Pine Tree Institutional Realty and Buchanan Street Partners has paid $49.5 million for the Shops at Walnut Creek, a 233,984-square-foot retail property in the Denver suburb of Westminster, Colo.The venture purchased the property from Red Development,...
N.J. Offices Sell for $22Mln
Heritage Capital Group has paid $22 million for 900 Route 9 North, a 112,568-square-foot office building in Woodbridge, N.J.The acquisition, from Ivy Equities, is the first for Heritage, a recently formed investment management outfit based in Ridgefield, N.J. The...
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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.
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