February 20, 2004 A venture led by Investcorp has paid $60 million for Westport Plaza, a 703,158-square-foot mixed-use complex in St. Louis, Mo. The property has 506,542 sf of office space in four buildings and 166,791 sf of retail space ...
February 18, 2004 H&M Enterprises is looking to sell a portfolio of 11 apartment properties in Washington, D.C., for $88 million.The private investment firm, which is based in Bethesda, Md., has hired Marcus & Millichap to market the properties for ...
February 13, 2004 Swerdlow Group has sold six properties at the Dolphin Commerce Center in Miami for $70 million.The Miami developer sold five of the properties, which total 709,000 square feet, to an affiliate of Principal Financial Group for $45 ...
February 13, 2004 Corus Bank has provided a $59.1 million loan to an affiliate of Emerald Fund Inc., which used the debt to repay the existing first and mezzanine loans on the OceanView Village, a new condominium complex at 3995 ...
February 12, 2004 New York PostNorman Sturner's Murray Hill Properties has sold 270 Madison Ave. for $65 million, or $238/sf. A group led by Altman/Burack bought the 274,00-sf Manhattan office building.
The Japanese insurance company sold 600 Lexington Ave. for nearly $92 million to U.S. Core Office Fund, a partnership between its Sumitomo Life Realty (N.Y.) unit and Hines, a Houston-based real estate investment firm.
February 12, 2004 Weingarten Realty Investors (NYSE:WRI) has purchased three supermarket-anchored shopping centers, one in California and two in North Carolina, for a total of $71.5 million.The properties, which total 389,500 square feet, are:– Greenhouse Marketplace, a 151,400-square-foot shopping center ...
February 10, 2004 The Macerich Co. (NYSE:MAC) and Walton Street Capital have teamed to buy the Inland Center, a super regional mall in San Bernardino, Calif., for $63.3 million.Macerich, a REIT based in Santa Monica, Calif., and Walton Street, a ...
February 9, 2004 Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) has extended to Feb. 20 its offer for units in the entity that controls the Westin Michigan Avenue, a 744-room hotel in Chicago.The White Plains, N.Y., hotel company said the ...
February 9, 2004 Commercial Real Estate Direct Staff ReportParkway Properties Inc. (NYSE:PKY) has agreed to pay $76.3 million for Capital City Plaza, a 410,000-square-foot office building in the Buckhead area of Atlanta.The building is being purchased from Rubenstein Co. of ...
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