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LONDON-Hammerson and Standard Life, owners of the Brent Cross shopping mall in North London, have paid Castlemore $73 million for the proposed Brent Cross Retail Park development.
ATLANTA-Standard & Poor's Rating Services places an A+ rating on the airport's outstanding debt and specifically on the $124.4 million general revenue refunding bonds series 2003RF-D.
SAN YSIDRO, CA-An LLC shells out $18.3 million for the apartment complex, with plans to convert the units into condominiums. Known as Sunset Village, the property contains a mix of one-bedroom, one-bath designs and two-bedroom, two-bath floor plans.
STAMFORD, CT-James Fagan has become the first defection from CB Richard Ellis's local operations after its merger earlier this year with Insignia/ESG. He has joined Cushman & Wakefield as senior managing director.
BELLMAWR, NJ-The signings are led by a 40,000-sf re-up by General Binding Corp. at Interstate Business Park. Eight other tenants are back on board at the 2.5 million-sf campus.
PASADENA, CA-The retail component of Champion Development's mixed-use project is nearly 90% leased with the recent signing of new deals for the development at South Lake and Cordova avenues.
WOODBRIDGE, VA-A prime location turns out to be the big selling point for an anchorless shopping center in a $6 million refinancing deal. The owner secured the financing from GMAC Commercial Mortgage Corp.
CITY OF COMMERCE, CA-Properties here and in Palmdale sell for more than $5.9 million and $4.3 million respectively as industrial space remains a high priority with investors.
LONDON-Niche London developer Derwent Valley has rejected the latest bid proposal from Leo Noe, which values the company at pounds 436 million ($752 million).