Search Results

BOSTON-Brookfield Properties Corporation closes the sale of a 49% interest in two of its properties here in the heart of the city's financial district. The interest sold to Deutsche Grundbesitz Management, for $337 million.

SAN DIEGO-The granddaddy of San Diego museums is going to be spruced up and enlarged to include new wing and lots of new research and meeting space.

TUCSON-Economic development officials in Tucson will travel to San Jose on Thursday in hopes of luring away major corporations, such as Cisco Systems and Hewlett-Packard, with the promise of an abundance of electricity.

BOSTON- Tosco Marketing Corp., an Exxon licensee, wins the rights to 11 service locations on the Massachusetts Turnpike in an estimated $100 million transaction for a 10-year agreement. The company will replace Mobil, whose contract had expired.

REDWOOD CITY, CA and CHICAGO-On Friday, Chicago-based AMLI Residential Properties began using locally based Corrigo's main product, CorrigoNet, to manage maintenance at four of its 71 properties. In January, Corrigo landed a contract with Spieker Properties, which is being acquired by Equity Office Properties Trust.

SAN JOSE-Bryan Friedman, senior vice-president and managing director of Grubb & Ellis' Silicon Valley office, and Ritchie Commercial Real Estate owner Mark Ritchie say the market is softening, but the sky isn't falling.

BREA, CA-Bonin Investments plans to hold the asset, a building leased to a roofing company, in its portfolio. Transaction is valued at $3.1 million.

SKOKIE, IL-A report from Alter Group says build-to-suit activity in the five-county market fell 23% in the second half of 2000 and the forecast is for a 15% drop in 2001. The first half was up 25%.