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Apartment industry stays steady in choppy real estate seas
While some retail and office markets experience double-digit vacancies as the technology boom screeches to a halt, the apartment industry remains relatively
Bernstein Cos. acquires 269,000 sq. ft. office in D.C.
WASHINGTON, D.C. – The Bernstein Cos., Washington, D.C., has purchased the 269,000 sq. ft. 1990 K Street for $56 million. 1990 K Street is a 9-story office
L.J. Melody arranges $27 million in financing for 8-building complex
INDIANAPOLIS – Houston-based L.J. Melody & Co. has arranged $27 million in financing for the 942,000 sq. ft. Park Fletcher Industrial Park, which is comprised
Olympics are good deal for host cities, according to Jones Lang LaSalle report
CHICAGO – The Olympics leave their host city with a positive legacy, according to a report by Jones Lang LaSalle. The company researched the last four
Lincoln Equities Group to build huge hotel and 900,000 sq. ft. office space
RUTHERFORD, N.J. – Lincoln Equities Group, Rutherford, N.J., has received approval from the Borough of Rutherford to begin the first phase of Highland
CB Richard Ellis arranges 665,542 sq. ft. industrial sale
PHILADELPHIA – Los Angeles-based CB Richard Ellis has represented Atlanta and New York-based Lend Lease Real Estate Investments Inc. in the sale of a
Jupiter Realty purchases 510,400 sq. ft. warehouse portfolio
SPARTANBURG, S.C. – Chicago-based Jupiter Realty Corp. has acquired a 510,400 sq. ft. warehouse portfolio for $15.7 million from Duke-Weeks Realty Trust,
Jones Lang LaSalle Hotels arranges hotel sale
LAGUNA BEACH, Calif. – Chicago-based Jones Lang LaSalle Hotels has arranged the sale of the oceanfront Inn at Laguna on behalf of Stamford, Conn.-based
Insignia/ESG arranges $20 million apartment sale
DELRAN, N.J. – New York-based Insignia/ESG has arranged the sale of a 327-unit, $20 million luxury apartment complex in Delran, N.J. Tenby Chase Investors
Cohen Financial finances 666,575 sq. ft. manufacturing facility
ANTIOCH, Calif. – Cohen Financial has secured $12 million in financing from a conduit lender for a 666,575 sq. ft. manufacturing and storage facility
Sansone Group becomes manager for new Charter headquarters
ST. LOUIS – St. Louis-based Sansone Group has become the property manager for the new Charter Communications corporate headquarters building. Charter
MIE Properties has completed 500,000 sq. ft. flex complex after 13 years
DENVER – MIE Properties has finished the last two buildings of the 14-building, 500,000 sq. ft. MIE Corporate Center in Denver. The two final buildings
Avaya leases office in 675,000 sq. ft. Koll business complex
DUBLIN, Calif. – Avaya Inc., Basking Ridge, N.J., has signed a 67,000 sq. ft. lease at the 675,000 sq. ft. mixed-use Koll Dublin Corporate Center in Dublin,
Cohen Financial provides $21.3 million in financing for three industrial properties
CHICAGO – Cohen Financial, Chicago, has secured $21.3 million in financing for almost 1.2 million sq. ft. of industrial space. The 183,717 sq. ft. Lear
Insignia/ESG receives leasing assignment for 358,000 sq. ft. office
CHICAGO – Berwind Property Group, Philadelphia, has chosen New York-based Insignia/ESG as the leasing manager for 200 South Michigan Avenue, a 22-story,
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