April 21, 2003 Brookwood Brickwell Bayview Investors LLC has purchased Brickell Bayview, a 286,659-square-foot building in Miami, for $38.4 million.Christian R. Lee, senior vice president of CB Richard Ellis, and Charles Foschini, director of L.J. Melody & Co. – who ...
April 16, 2003 By Orest Mandzy, Commercial Real Estate Direct Managing EditorDebtX is gearing up to offer a $47 million portfolio of performing franchise loans.The Boston loan-sale advisory company has divided the portfolio into two packages. The first contains 18 ...
April 15, 2003Salomon Brothers has provided $41.1 million of mortgage debt to finance a portfolio of 17 Eckerd drug stores in Texas and Louisiana owned by a Miami investor.Michael Strober of L.J. Melody & Co.'s Tampa, Fla., office arranged the ...
April 14, 2003 EM Capital Inc. in San Francisco and ASF-Asesoria Financiera y Tur?stica in Mexico City plan to arrange $25 million in senior financing to expand and upgrade the Four Diamond Hyatt Cancun Caribe Villas & Resort in Mexico.EM ...
April 11, 2003 The former Beverly Hills, Calif., headquarters of bankrupt telecommunications firm Global Crossing has traded hands for more than $45 million.The historic property, known as North Crescent Plaza, was bought by Platinum Equity LLC, a firm that acquires ...
April 11, 2003 GMAC Commercial Mortgage has provided $37 million of interim financing for the Galleria Corporate Centre, a mixed-use office complex in downtown Scottsdale, Ariz.Michael Tepedino, Ed Finnegan and Steve Gunther of Holliday Fenoglio Fowler arranged the financing on ...
April 9, 2003 Prudential PLC has paid Hammerson PLC 21 million pounds ($32.7 million) for a B&Q warehouse store in Romford, Essex.The 72,120-square-foot store is leased to B&Q PLC through 2018 for an annual rent of 1.34 million pounds ($2.1 ...
April 7, 2003 Bristol-Myers Squibb Co. is looking to sell a 180,000-square-foot pharmaceutical manufacturing facility in Garden City, N.Y.The Garibaldi Group/Corfac International and Corporate National Realty LLC have been hired to market the seven-acre property, which has an asking price ...
April 7, 2003 Mountain Funding LLC has provided a two-year, $35 million loan to Bay Communities to finance the construction of a 190-unit luxury high-rise oceanfront condominium in Palm Coast, Fla.The eight-story Surf Club III will have tennis courts, a ...
April 7, 2003 Alliance Holdings LLC has paid $29.6 million for Newport Landing, a 480-unit apartment complex in Glendale, Ariz.Alliance, a Chicago investment firm, acquired the property from BRE Properties of San Francisco, which was represented by CB Richard Ellis' ...
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