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Rachel Smith

An urban pioneer
A grand experiment in urban planning is under way in the capital of the Southeast. Telecommunications giant BellSouth is implementing its $750 million
LoopNet Inc. and Inc. complete merger for Internet real estate site
SAN FRANCISCO, LOS ANGELES °© LoopNet Inc., San Francisco, and Inc., Los Angeles, have completed a merger. The combined company will
VERITAS increases lease to 247,000 sq. ft.
ORLANDO, Fla. °© VERITAS Software Corp. has expanded its presence in Heathrow International Business Center (HIBC) with a 29,944 sq. ft. lease, bringing
DaimlerChrysler completes 430,800 sq. ft. distribution center
LATHROP, Calif. — Chicago-based Higgins Development Partners LLC has completed a 430,800 sq. ft. distribution center for DaimlerChrysler Corp. The Mopar
Home Properties acquires 527 units in two multifamily transactions
HAUPPAUGE, N.Y. – Home Properties, a Rochester, N.Y.-based multifamily REIT, has acquired a 297-unit property for $159,900 per unit, for a total of $47.5
Commercial real estate survey provides hope for the industry in the second half of 2001
ARLINGTON, Va. – Corporate Facility Advisors (CORFAC), an Arlington, Va.-based network of commercial real estate service companies in top markets nationally
C3 retained as developer for 315,000 sq. ft. retail project
MISHAWAKA, Ind. – Boston-based Commercial Construction Consulting Inc. (C3) has been chosen by Rockport, Ind.-based Heritage Realty Inc., the property
Mintz Levin procures lease in 384,000 sq. ft. project
RESTON, Va. – Joint developers TERRABROOK , Dallas, and Boston Properties have signed the law firm of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo P.C.
IDI breaks ground on 400,000 sq. ft. industrial complex
LOS ANGELES – Atlanta-based IDI has broken ground on the 400,000 sq. ft. Montebello Metro Center, an industrial complex in central Los Angeles. The three-building
Konover agrees to sell outlet portfolio for $180 million
RALEIGH, N.C. – Konover Property Trust Inc., a shopping center REIT, has agreed to sell a shopping center outlet portfolio to Roseland, N.J.-based Chelsea
Mack-Cali sells 95,509 sq. ft. Class-A property
DALLAS – Cranford, N.J.–based Mack-Cali Realty Corp. has sold the 95,509 sq. ft. Class-A Preston Centre Plaza for $9.1 million to CCP-PC Office LP. The
CB Richard Ellis arranges sale of 73,000 sq. ft. office building
MATTESON, Ill. – CB Richard Ellis, Los Angeles, has arranged the investment sale of the 73,276 sq. ft. Southwick Office Center I at 4801 Southwick Drive.
Colliers Seeley completes three transactions totaling 108,000 sq. ft.
ANAHEIM, Calif. – Los Angeles-based Colliers Seeley International has completed three industrial transactions totaling 108,000 sq. ft. in Central and
Home Depot moving into 761,000 sq. ft. distribution facility
MONTGOMERY, N.Y. – Greenfield Builders Inc., Greenfield, Ind., has completed a new 761,000 sq. ft. distribution center for Atlanta-based Home Depot. Situated
NorthMarq arranges $25 million in financing for 480-unit apartment complex
PLANO, Texas – Minneapolis-based NorthMarq Capital Inc. has arranged $25 million in permanent financing for the 480-unit Legends at Ridgeview Ranch on
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