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WILLIAMSTOWN, NJ-The California-based multifamily lender arranged the transaction for the 168-unit Williamstown Gardens through its Princeton, NJ regional office.
MIAMI-Codina Realty Services Inc. ONCOR International has signed three new tenants in the 80%-leased Coral Gables,FL building, including Merrill Lynch for 10 years. The leases have a total estimated value of $12.19 million to $13.88 million.
NEW YORK CITY-The insurance industry holding company seals deals on permanent space, taking 270,000 sf at Park Avenue Plaza and 165,000 sf at 199 Water St. The firm lost 175 employees in the World Trade Center attacks.
PLANO, TX-The 151,988-sf office building brings $3.2 million more than its 2002 assessment. But then, it's also 98% leased, with just 15% of the pacts rolling over in 2003. The buyer gets its first core DFW asset from Heady Investments and partner.
LAS VEGAS-Houston-based Revanche LLC sells the 795-room Maxim Hotel & Casino to C.P. Las Vegas LLC, a Kentucky-based owner and operator of franchised hotels that plans to renovate and reopen the property, which has been closed since 2001.
UNION CITY, CA-IPET Holdings, formerly known as Pets.com, has terminated its lease at its Union City warehouse space at Dowe Industrial Center. Southern Wine & Spirits has leased the entire space.
GRAPEVINE, TX-Come Nov. 1, the logistics firm slides into 36,619 sf at Oakmont's International Airport Centre at 601 Westport Parkway. It's the second deal this month for the 458,980-sf, two-building development.
WASHINGTON, DC-A recent survey conducted by the Real Estate Roundtable reveals the monetary losses incurred in commercial real estate since September 11 have increased from the previously estimated $8.5 billion to about $10.5 billion, a number expected to further increase with the absence of terrorism insurance legislation.
SUGAR LAND, TX-The La-Z-Boy store is going up on 1 1/2 acres at Town Center Lakeside in the First Colony neighborhood of Sugar Land. Delivery is set for March 2003. Also, Bed, Bath & Beyond leases 20,564 sf in Beaumont.
PHILADELPHIA, PA-For starters, American Financial Realty Trust has lined up a portfolio of 87 bank branches and six office buildings. Long-term triple-net leases will be used after acquisition.