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NEW YORK CITY-Eurohypo, one of Germany's 10 largest banks, moves its US base of operations to a full floor at the 49-story Bryant Park-area office tower. Asking rents for the space were $70 per sf.
PORTLAND, OR-In his new position at Naito Corp., George will supervise and manage all corporate accounting practices and operational efficiencies associated with the firm's real estate holdings and retail chain.
EMERYVILLE-A Bay Area real estate investment company has purchased a fully-occupied office building in the heart of downtown Emeryville for approximately $11.2 million.
ATLANTA-Cole and Eddleman Development Co. LLP of Birmingham, AL has refinanced 736 units in four properties with a 30-year mortgage that require the borrower to pay only the interest on the loan for the first 10 years.
PHILADELPHIA-The US sales and distribution arm of the Germany-based athletic footwear and apparel supplier fills three of five buildings owned by Aurora, CO-based ProLogis at Airpark Distribution Center on I-275 and Route 20.
FORT WORTH-Today Realty Advisors and Weber & Co. sell the 100,000-sf Cityview Towne Crossing, a 21-acre project along Interstate 20. First Allied of Beverly HIlls, CA marks its third buy from the Dallas-based merchant-build team.
LONDON-A new development and investment company has achieved a mighty pounds 8 ($12) per sf for two small units on Moorside Road. It is Surrey-based Nationwide Developments first scheme.
CHICAGO-Over the objections of a majority of owners in an L-shaped stretch along the two Lincoln Park neighborhood streets, the city's Commission on Chicago Landmarks bestows the designation on the six-block area.
FORT WORTH-Hillwood, with just 3% of its North Texas inventory empty, is getting ready for the predicted 2003 rebound. A record-breaking 4.4 million sf in done deals is the catalyst for two current projects and one on the way.
PHILADELPHIA-The Columbus, OH-based retail REIT sells the 151,242-sf community center in Kent/Ravenna, OH for $62.81 per sf to locally-based Meadowview Properties. The buyer assumes a $7.45-million mortgage on the property anchored by Wal-Mart.