Mall War escalates in Southern New England
Large-scale retail and a waterfront setting are the keys to the latest mega-mall in the region, designed to bring tourists and jobs.
CRI Sells Bethesda Metro Center to Blackstone for $118 Mln
October 22, 1999BETHESDA, Md. – Bethesda Metro Center Limited Partnership, an entity formed by CRI Inc., has sold its ownership interests in the Bethesda Metro Center office, hotel and retail mixed-use development to an entity controlled by Blackstone Real...
Fairway Foods to Close Distribution Centers
October 22, 1999 By the Associated PressBloomington, Minn.- About 500 workers in Minnesota and North Dakota will be out of work when Bloomington-based Fairway Foods closes distribution centers in Northfield and Fargo, North Dakota. Local television stations have reported...
Amoy Properties Signs $1.6 Bln Loan
October 22, 1999 By The Associated Press, Hong Kong Standard Reporter Amy Tse HONG KONG - AMOY Properties, a subsidiary of the Hang Lung Group, has signed a $1.62 billion medium-term financing with Citicorp International and nine other banks...
Reckson to Pay $126.5 Mln for 1350 Ave. of Americas in New York
Reckson Associates Realty Corp. has agreed to buy 1350 Avenue of the Americas in Midtown Manhattan for $126.5 million, or $235/sf. It's Reckson's second pick-up in New York City since its merger with Tower Realty Trust last May.
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