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Parke Chapman

Parke’s Recent activity

Wells buys $345 million D.C. office complex
Nov 25, 2002
Wells Real Estate Investment Trust has acquired a pair of Class-A, office buildings in the heart of Washington, D.C. for $345 million, its single largest property acquisition to date. Independence Square I and II are...
Acadia picks up 1 million sq. ft. center in Delaware
Nov 25, 2002
Long Island, N.Y,-based Acadia Realty Trust is expected to acquire a major open-air retail complex in Wilmington, Del. The 1 million sq. ft. Brandywine Town Center and Market Square, is 92% leased, is anchored by T.J...
Senate passes terrorism insurance bill
Nov 21, 2002
The federal government will soon be in the terrorism insurance business. The U.S. Senate has passed legislation that allows the government to back private insurers, allowing them to offer coverage. The federal...
Plans for 7 WTC unveiled
Nov 20, 2002
World Trade Center leaseholder Larry Silverstein today released a design for the new 7 World Trade Center...
Report: Chicago retail remains strong
Nov 20, 2002
Low interest rates and stable rents have fueled a steady increase in Chicago’s retail property values, says a recently released report from Encino, Calif.-based Marcus & Millichap...
Equity Office Names New CEO
Nov 19, 2002
Chicago-based Equity Office Properties Trust, the largest REIT in the U.S., has named its former chief operating officer to the position of CEO. Richard Kincaid, 41, will officially become CEO next April. He has...
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