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Archive for the Category ‘Property Types’

BRE Properties Buys a Little, Sells a Little in California in Three Deals Totaling $209.6

BRE Properties Buys a Little, Sells a Little in California in Three Deals Totaling $209.6

In the largest of the three transactions, BRE snapped up the 500-unit Aqua Marina del Rey (pictured) in Marina del Rey for $166 million, a figure well below replacement cost.

Merritt Properties Closes 36-Acre Land Purchase for Office Park Near Baltimore-Area Army Base

Merritt Properties Closes 36-Acre Land Purchase for Office Park Near Baltimore-Area Army Base

Preparing to answer growing demand induced by the federal government’s Base Realignment and Closure process, Merritt Properties wraps up the acquisition of a nearly 36-acre site for the development of a 265,900-square-foot office park in Aberdeen, Maryland.

Century 21 Department Store Takes 61,000 SF in Old Barnes & Noble Location

Century 21 Department Store Takes 61,000 SF in Old Barnes & Noble Location

Century 21 plans to take possession of the space, which is across from Lincoln Center, in February 2011.

Glimcher, Blackstone Partner on $245M Purchase of Hawaii’s Second Largest Mall

Glimcher, Blackstone Partner on $245M Purchase of Hawaii’s Second Largest Mall

Pearlridge Center, a 1.2 million-square-foot mall in Honolulu, Hawaii, is on the verge of coming under new ownership.

Simon Property Group Closes $2.3B Prime Outlets Purchase

Simon Property Group Closes $2.3B Prime Outlets Purchase

The price tag on the approximately 7.9 million-square-foot portfolio included Simon’s assumption of nearly $1.6 billion of existing debt and preferred stock.

$135M Financing Deal Closes for 300 Park Avenue

$135M Financing Deal Closes for 300 Park Avenue

The premier office tower at 300 Park Avenue in New York City did not have debt attached to it a few days ago, but it does now.

Trussville Marketplace Sold By Hanley Investment Group

Trussville Marketplace Sold By Hanley Investment Group

Trussville was purchased by a private investor in Newport Beach, California and sold by NC/Trussville L.L.C.

RCG Ventures Purchases 100,002 SF Shannon Square in Atlanta

RCG Ventures Purchases 100,002 SF Shannon Square in Atlanta

Located along Jonesboro Road and Highway 138, Shannon Square sits seven miles south of Hartsfield-Jackson Atlanta Airport.

HFF Nails Down $32.8M in Financing for Texas Multi-Housing Community

HFF Nails Down $32.8M in Financing for Texas Multi-Housing Community

Proceeds from the 35-year, fixed-rate loan will go toward retiring an existing construction loan as well as recapitalizing the property.

Omni to Build $250M Convention Center Headquarters Hotel in Downtown Nashville

Omni to Build $250M Convention Center Headquarters Hotel in Downtown Nashville

The Omni Nashville Hotel will make its debut soon after the convention center opens its doors in 2013.

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