In Progress: 4500 Wisconsin Avenue
DEVELOPER: Roadside DevelopmentLOCATION: Washington, D.C.ARCHITECT: Shalom Baranes AssociatesSIZE: 208 residential units, approximately 90,000 sq. ft....
Office Oasis in the California Desert
Office investment sales in the vast desert east of Los Angeles known as the Inland Empire are heating up. In late July, a Temecula, Calif.-based investor,...
Diversifying During the Downturn
With the office and industrial sectors mired in a slump, real estate executive Larry Pobuda has advice for owners and developers: diversify your portfolios....
Griffin Plans $20M Tower in Atlanta
The Griffin Co. is planning an 11-story, Class-A office condo building in the heart of Atlanta. The 1.6-acre tract was acquired in May from CLC Enterprises...
Offshore Fund Buys Heavy Stake In Manhattan Office Building
Australian ING Office Fund has acquired a 49% interest in 900 Third Avenue, a 36-floor Manhattan office tower. For $163 million, ING acquired the stake,...
Manhattan Office Tower Sells For Nearly $300M
Vornado Realty Trust has sold 2 Park Avenue, a 965,000 sq. ft. office building in midtown Manhattan, for $292 million. The buyer was German real estate...
Lenders and Landlords Still Battling Over Terror Insurance
Score one for landlords. A New York appellate court has struck down a move by lenders who use the threat of default to force owners to purchase additional...
Legal Aid for the Office Market
Law firms in Washington D.C. and New York City are gobbling up Class-A office space at bargain basement prices, bringing some much-needed demand to a...
Mixed Results for Mixed-Use
Changing demographics, punctuated by a sharp rise in the number of empty-nesters and Generation Xers keen on urban living, have led to a growing enthusiasm...
In Progress: 2525 Ponce de Leon
DEVELOPER: Hines LOCATION: Coral Gables, Fla. ARCHITECT: Smallwood Reynolds Stewart & Stewart SIZE: 250,000 sq. ft. COMPLETION: Third Quarter, 2004 BUZZ:...
Greenwich Capital Refinances LA Trophy Towers for $510M
Los Angeles' landmark tower U.S Bank Tower and the Wells Fargo Tower have been refinanced by two loans totaling $510 million. RBS Greenwich Capital's...
Wells Focuses on Southern California Properties
After buying more than $1 billion worth of Class-A office property so far this year, the Wells REIT now says it will buy $500 million more — all of it...
1 Million Sq. Ft. Mixed-Use Project Planned for Hartford CBD
Real estate investment company Northland Investment Corp. is negotiating $100 million of construction financing for a 1 million sq. ft. mixed-use development...
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