October 15, 2004 Milwaukee Journal SentinelThe $95 million Harley-Davidson Inc. museum and office complex proposed for Milwaukee's Menomonee Valley has taken another step forward. The Redevelopment Authority approved the project this week. It still needs approval from the Common Council. ...
The Chicago REIT's drive to sell non-core assets is moving along. The 24-story tower at 250 W. Pratt St. in Baltimore is under contract to be sold to Behringer Harvard Funds for $52.75 million. The buyer is lining up a ...
October 15, 2004 Omega Healthcare Investors Inc. (NYSE:OHI) has struck a deal allowing it to buy 13 skilled nursing facilities in Ohio for $78.8 million. The Timonium, Md., REIT has entered into an option with American Health Care Centers Inc., ...
October 14, 2004 Deer Valley Village Apartments, an 832-unit complex in Phoenix, has traded hands for $71 million, or about $85,285/unit. Archstone Smith sold the property to a group of 1031 Exchange investors represented by SCI Real Estate Investments of ...
October 14, 2004 The Arizona Republic (Second item)SCI Real Estate Investments of Los Angeles and a group of investors paid $70.95 million for the 832-unit Deer Valley Village apartment complex at 3010 W. Yorkshire Drive in north Phoenix. The complex ...
October 14, 2004 CRT Properties Inc.(NYSE:CRO) has formed a joint venture with Related Cos. to develop a 335,000-square-foot office building in West Palm Beach, Fla.The $90 million project will be within CityPlace, a mixed-use property on 72 acres developed by ...
The joint venture that owns the former Getty Oil Co. headquarters in Los Angeles has put the property up for sale. The former office building is in the midst of a $30 million redevelopment into a mixed-use residential/retail property.
October 13, 2004 Prime Group Realty Trust (NYSE:PGE) has completed the sale of a portfolio of industrial properties to CenterPoint Properties Trust (NYSE:CNT) for $98.7 million.The closing is the first of two involving a total of 3.8 million square feet ...
October 12, 2004 Pennsylvania Real Estate Investment Trust (NYSE:PEI) has agreed to buy Cumberland Mall in Vineland, N.J., from a partnership partly controlled by some of its executives.The Philadelphia REIT will pay Cumberland Mall Associates about $59.5 million for the ...
October 12, 2004 Allstate Life Insurance Co. has provided $19 million of financing for the acquisition of Grassmere Business Park, Buildings I, II, and III, in Nashville, Tenn.Allstate provided the funding on behalf of Talcott III Grassmere LP, a partnership ...
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