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NEW BRUNSWICK, NJ-Downtown office properties, which the company bought two years ago, total 210,000 sf. Effort is part of developer's new effort to reach into the Garden State's urban areas.
SEATTLE, WA-Allen's acquisition machine in running at full speed in the South Lake Union area of downtown. With more than 40 acres here already in his portfolio, a purchase of surplus city property will add another five.
LOS ANGELES-The real estate giant accepts sweetened, $16-a-share offer from Blum Capital Partners to go private. Deal is worth about $750 million in cash and assumed debt.
INDIANAPOLIS-The parent company of TJMaxx and Marshalls signs an 11-year lease on an eventual 805,200-sf build-to-suit in Lauth Property Group's Eaglepoint Business Park in Brownsburg, IN, near three major interstates.
SEATTLE, WA-Through its merger with Spieker Properties, Equity Office Properties will acquire more than four million sf of existing office and industrial properties in the Seattle market, plus a proposed 550,000-sf office project in Bellevue.
HOUSTON-Weingarten is riding the crest of another successful year, with across-the-board increases coming in for a year-end tally. The annual FFO is $4.42, up 49 cents from the prior year
PHOENIX-The turnaround that occurred in the Valley's hotel market during 2000 may be short-lived if the economy continues to slide, but there are positive signs for the market, according to the new survey.
CEDAR FALLS, IA-Two loans on apartment complexes here closed recently for $2.925 million. The projects refinanced by low-income housing tax credit loans through Bethesda, MD-based AMI Capital, Inc.
DENVER-The Northglenn Mall redevelopment is adding Bed Bath and Beyond to its tenant lineup. The popular retailer is eyeing a July opening for the project, a $50-million undertaking that's been under construction for more than two years.