December 19, 2003 CarrAmerica Realty Corp. (NYSE:CRE) and Beacon Capital Partners LLC have closed on their joint acquisition of 1888 Century Park East in Los Angeles for $119 million.CarrAmerica, a Washington-based REIT, owns a 35 percent stake in the 474,973-square-foot, ...
December 17, 2003 AMB Property Corp. (NYSE:AMB) has expanded its global network of air cargo and logistics facilities with 1.3 million square feet of properties in Paris, Frankfurt, Madrid and Tokyo.When complete, the acquisitions and developments are expected to total ...
December 17, 2003 Prudential Mortgage Capital Co. has recently provided some $111.1 million in commercial mortgage loans through its Prudential Huntoon Paige unit, which specializes in providing Federal Housing Administration loans.Among the 16 loans it wrote was a $20.2 million ...
December 17, 2003 New York Post (Third item)Principal US Property last month bought an apartment building at 420 W. 42nd St. for $108 million, according to property records. The seller, Brodsky Organization, has retained the retail space and was represented ...
December 16, 2003 Lankford & Associates Inc. is expected to begin construction immediately on Broadway 655, a 23-story building in San Diego at the southeast corner of Kettner and Broadway. The 410,000 square-foot mixed-use development will include 356,000 sf of ...
December 15, 2003 ProLogis (NYSE:PLD) has completed its public offering of 4.4 million shares of preferred stock.The shares will not be redeemable until Dec. 30, 2008. After that date, they will be redeemable, in whole or in part, for $25/share, ...
December 15, 2003 Vornado Realty Trust (NYSE:VNO) has acquired the Bergen Mall, a 1 million-square-foot shopping center in Paramus, N.J., for $145 million.The Paramus REIT acquired the property from Simon Property Group (NYSE:SPG), using proceeds from its recent sale of ...
December 11, 2003 Brookfield Properties Corp. (NYSE:BPO) will issue C$150 million (US$114.7 million) of cumulative redeemable preferred shares with a dividend rate of 5.2 percent through a syndicate of investment banks led by Scotia Capital Inc.Brookfield has extended to the ...
December 11, 2003 Commercial Real Estate Direct Staff ReportBrandywine Realty Trust (NYSE:BDN) has formed a joint venture with Macquarie Office Trust and seeded the venture with two Class-A office buildings in Wilmington, Del.The two properties are 1 and 3 Christina ...
December 9, 2003 Commercial Real Estate Direct Staff ReportThe New York State Teachers' Retirement System has provided $115 million of fixed-rate financing for 625 Madison Ave., a 550,0000-square-foot office building in midtown Manhattan.The 16-story office building, on Madison Avenue between ...
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..