Valuation: Between $10 million and $25 million

September 7, 1999 TORONTO – Cadillac Fairview (NYSE: CDF) paid $20.9 million for the 20 percent interest in the Northpark Mall in Ridgeland, Miss., that it did not already own.The 958,000-square-foot mall underwent an $8 million renovation last year. Its ...

By Associated PressNEW HAMPTON, Iowa (AP) - Sara Lee has put its plant here up for sale at a price of $25 million, but that could drop as low as $15 million if there's no sale by the time the ...

August 31, 1999By Morris Newman, VertiNews.com CorrespondentMESA, Ariz. – Cole Partnerships Inc. of Phoenix paid $11 million for a 260,000-square-foot retail center in Mesa. The seller was Asean Shopping Center of Mesa.The center is 90 percent leased and anchored by ...

August 26, 1999 SAN DIEGO – Burnham Pacific Properties Inc. (NYSE: BPP) said a venture it operates with the California Public Employees' Retirement System, BPP Retail LLC, paid $17.6 million for Lake Forest Village, a shopping center in Lake Forest, ...

August 24, 1999 BETHESDA, Md. – First Washington Realty Trust Inc. paid $11.7 million for the Newark Shopping Center in Newark, Delaware.The 183,000-square-foot property is fully occupied with 45 tenants. First Washington, which bought the property from a private partnership, ...

August 24, 1999 BETHESDA, Md. – Bank United has provided a first mortgage of $16.3 million to refinance Audubon Villas at Feather Sound, a 308-unit apartment complex in Clearwater, Fla.In addition, a client of Prudential Real Estate Investors provided $3.3 ...

August 23, 1999 NEW YORK – Lehman Brothers has provided $19.3 million of fixed-rate financing to Forest Plaza Associates for its purchase of Forest Plaza shopping center in Staten Island, N.Y.The shopping center, at 2040 Forest Avenue, contains 165,158 square ...

August 23, 1999 HARRISBURG, Pa. – Hersha Hospitality Trust (Amex: HT) has agreed to buy three hotels, totaling 209 rooms, for $12 million.The REIT is buying the Hampton Inn in Danville, Pa., which has 72 rooms, the 77-room Clarion Suites ...

August 20, 1999 ATLANTA -- Cigna Investment Management has provided $20.5 million of fixed-rate financing for the Park Central office building in Atlanta.The office building, owned by Park Central Associates LLC, contains 212,000 square feet and is 97.5 percent occupied, ...

August 20, 1999 WASHINGTON – Bresler & Reiner Inc. (OTC:BRER), a Washington developer, sold two apartment properties for a total of $23 million.The company sold the Sea Harbor Apartments, a 312-unit complex in Orlando, Fla., for $14.8 million. The buyer ...