NEW YORK CITY-Opportunities are to be found in the Middle East, Eastern Europe and China, according the 2005 NAI Global Market Report. The retail market in Mexico is also hopping.
NEW YORK CITY-The IDA approves the use of $475 million in Liberty Bonds for the reconstruction and permanent financing of 7 World Trade Center. The original request was for $400 million, but the total was increased due to lower than expected insurance proceeds and increased financing costs.
NEW YORK CITY-The IDA approves the use of $475 million in Liberty Bonds for the reconstruction and permanent financing of 7 World Trade Center. The original request was for $400 million, but the total was increased due to lower than expected insurance proceeds and increased financing costs.
NEW YORK CITY-ING Clarion's Lion Properties Fund picks up a seven-property industrial portfolio from CenterPoint Properties Trust for just under $56 million. One additional property is expected to close in April and bring the total acquisition price up to $62 million.
NEW YORK CITY-ING Clarion's Lion Properties Fund picks up a seven-property industrial portfolio from CenterPoint Properties Trust for just under $56 million. One additional property is expected to close in April and bring the total acquisition price up to $62 million.
NEW YORK CITY-Jamestown gets a minority interest in the landmark site in exchange for $300 million. Macklowe purchased the property in September 2003 for $1.4 billion. It has a current value of $1.7 billion.
NEW YORK CITY-Jamestown gets a minority interest in the landmark site in exchange for $300 million. Macklowe purchased the property in September 2003 for $1.4 billion. It has a current value of $1.7 billion.
LEESPORT, PA-The sale of the 1.2-million-sf building is said to be the largest industrial sale in the area for 2004. The acquisition will also create 500 jobs.