Valuation: Between $25 million and $50 million

June 11, 2003 A partnership between Investcorp and Crow Holdings has sold a 251,955-square-foot shopping center in Long Island's Suffolk County for $38.3 million.The property, Nobody Beats the Wiz Plaza, was sold to Goldman Sachs' Archon Group.The property, which was ...

June 11, 2003 Berkshire Income Realty Inc. (AMEX:BIR_pa) has purchased the Windward Lakes Apartments, a 279-unit complex in Pompano, Fla., and The Gables Apartments, with 140 units in Houston.The Boston REIT paid $19.73 million for Windward Lakes, which included the ...

June 11, 2003PS Business Parks Inc. (AMEX:PSB) has purchased a master-planned business park in the Santa Ana suburb of Orange County, Calif.The Glendale, Calif., REIT paid about $46 million in cash for the Orange County Business Center, which consists of ...

June 11, 2003 An Arizona-based developer has sold the 629,764-square foot College Grove Shopping Center in San Diego for $26.25 million.The sale price represents a 9.6 percent capitalization rate.College Grove Shopping Center is at the intersection of Highway 94 and ...

June 10, 2003 BRT Realty Trust (NYSE:BRT) has doubled the size of its secured credit facility with North Fork Bank.The Great Neck, N.Y., mortgage REIT increased the size of the $15 million revolving facility to $30 million and extended the ...

June 6, 2003 GMAC Commercial Mortgage Corp. has provided $25 million of mortgage debt for the Doubletree Guest Suites in Charleston, S.C.The 212-unit property has 4,600 square feet of meeting space and 4,200 sf of retail space. It also includes ...

June 5, 2003 RLJ Development LLC has paid $31.5 million for the Hilton Cancun Beach & Golf Resort, a 426-unit resort in Cancun, Mexico.The Bethesda, Md., hotel company acquired the property from NHC Hotels, a unit of Aoki Corp., which ...

June 5, 2003 Lexham Private Investors has completed its $37.1 million purchase of three Connecticut office buildings from an affiliate of Teachers Insurance.Lexham was founded recently by Marc Lewis, a real estate veteran who previously was with Deutsche Bank's mortgage ...

June 5, 2003 Copley Corporate Center, a recently built office complex in San Diego's Kearny Mesa area, has sold for $28.8 million.The 120,483-square-foot property at 5855 Copley Drive, was sold by LMC Copley LLC to Pacifica Group. Both were represented ...

June 5, 2003 Toronto-based Sterling Centrecorp Inc. (NYSE:SCFdb) and an affiliate of Kimco Realty Corp. (NYSE:KIM) will acquire a 238,000-square-foot retail center in Vaughan, Ontario, for $26.45 million.The acquisition is expected to be completed this quarter.Major tenants at the 7/400 ...