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GREENWICH, CT-Santa Barbara-based American Capital Group buys the four-story glass office complex in a deal arranged by Newmark, which has also been awarded the leasing and management agencies for the property.
WOODRIDGE, IL-The long-time candy maker that is abandoning its 2-million-sf facility on Chicago's West Side sometime before 2004 takes 23,589 sf under a long-term lease with co-developers Globe Corp. and McShane Corp.
GREENWICH, CT-Santa Barbara-based American Capital Group buys the four-story glass office complex in a deal arranged by Newmark, which has also been awarded the leasing and management agencies for the property.
DETROIT-A planned $65-million facility with higher technology capabilities Downtown would replace a 75-year-old structure at Fort and Shelby streets, last refurbished in the 1950s.
MINNEAPOLIS-The REIT looks for ways to expand its commercial real estate portfolio, now totaling just 129,000 sf. The sale of its SmartCabinet software code and related assets net at least $4.2 million.
CHANTILLY, VA-In a $61.8-million deal, Fairfax County's 346,000-sf Greenbriar Town Center changes hands form a pension fund client of New York, NY's JP Morgan Fleming Asset Management to Dallas, TX-based Crow Holdings Real Estate Fund.
AUSTIN-Allied Waste is moving into 51,500 sf at 10420 Metric Blvd. in the north central submarket, bringing closure to a battle with the city and residents over its long-time spot in East Austin. The firm signs a seven-year lease.
BOSTON-The new convention center being built in South Boston will have sufficient bookings, according to a study commissioned by the Greater Boston Convention & Visitors Bureau and the Massachusetts Lodging Association.
REDMOND, WA-The New York City-based provider of travel and residential real estate services signs an agreement to buy the Redmond-based time-share company for more than $900 million in stock and $74 million in debt.
SHREWSBURY, NJ-The permanent funding for the 105,000-sf Shrewsbury Executive Center, one of several properties National Realty & Development has in the region, was arranged by David Cronheim Mortgage.