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WASHINGTON, DC-The joint venture partnership of Bernstein Companies Consortium Capital Fund and LMH Realty Group LLC has purchased 2100 M Street NW from 2100 M Street Holdings LP for $56 million.
DALLAS-A Dallas executive will be part of the ongoing Chapter 11 reorganization for Criimi Mae Inc., based in Rockford, MD. Michael Wurst of Meridian Realty Advisors is one of five appointments nationwide for an expanded board that will guide the operation to solvency.
LOS ANGELES-In exclusive interview with GlobeSt.com, a top JMB Realty marketing executive says his company will begin construction by March on the first high-rise to be built in the red-hot Century City market in more than a decade.
NEWARK-A&P's complaint that the Vermont-based wholesaler rigged the bidding for the struggling supermarket chain is tossed out by bankruptcy court judge. C&S's bid will not be blocked and can continue with its plans.
DENVER-Forest City Enterprises redevelopment of the former Stapleton International Airport is anything but a cheap undertaking. A review of the SEC filing shows the developer is paying $123.4 million for acquisition rights to 3,000 acres.
AUSTIN-Four firms have tapped the state capital's office market, signing for an aggregate 11,991 sf. T.H.E. Design and Marsh USA manage to grab spots in MoPac Boulevard structures.
BALTIMORE, M-MIE Properties Inc. is building a $40 million technology park near BWI. The 612,000 sf park is slated for completion in five years. The first building, 80,000 sf, is slated for completion in June.
CORTLANDT, NY-The town, the Hendrick Hudson School District and Entergy Corp. have reached a multi-million dollar tax agreement on the Indian Point III nuclear power plant.
SOMERVILLE, MA-Developers of Assembly Square Mall and Mayor Gay are facing opposition. Despite the changes that now include a mixed-use development, opponents object to the erection of a Home Depot on the site.
WHITE PLAINS-The Galleria at White Plains reports it has secured eight new lease deals that bring the 883,000 sf shopping center to nearly full occupancy.