SIOR Studies Effects of Internet on Brokers
October 3, 2000 WASHINGTON – The SIOR Educational Foundation is sponsoring a study that will look into the effect that online services will have on the commercial real estate brokerage business and the broker-client relationship.The foundation, a unit of...
Medical Mutual Completes $75 Mln Sale-Leaseback With Bentley Forbes
October 3, 2000 Bentley Forbes Group LLC has completed the $75 million purchase of three properties in the Cleveland area and leased them back to their seller, Medical Mutual of Ohio.The cornerstone of the three-property portfolio is the 100-year-old...
EQK Realty Investors Sells Last Asset, Reorganizes
October 3, 2000 Prudential Insurance Co. of America has closed on its $30 million purchase of the Harrisburg East Mall in Dauphin County, Pa.The insurer placed the successful bid on the mall at the Sept. 21 bankruptcy auction of...
PNC-Morgan Conduit About to Launch; Merrill Canadian Deal Prices
After taking a week-long breather, the CMBS market is easing into the fourth quarter with a $1 billion deal underwritten by Morgan Stanley, with collateral from Midland Loan Services and CIBC World Markets.
Equity Office Gets $24 Mln from Office Sale
October 3, 2000 CHICAGO – Equity Office Properties Trust (NYSE:EOP) has sold the Westwood Business Centre in Westwood, Mass., for $24 million, or $145/sf.The 165,000-square-foot property sits at 690 Canton St. in Westwood. Equity Office took title to it...
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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.
