WASHINGTON, DC-Allied Capital Corp. wraps up the disposition of its commercial mortgage-backed securities and collateralized debt obligation bonds portfolio to Caisse de dépôt et placement du Québec, walking away with $976 million. The company expects to ultimately realize a gain of $216 million from the deal.
WASHINGTON, DC-Allied Capital Corp. wraps up the disposition of its commercial mortgage-backed securities and collateralized debt obligation bonds portfolio to Caisse de dépôt et placement du Québec, walking away with $976 million. The company expects to ultimately realize a gain of $216 million from the deal.
ROCKVILLE, MD-The development of Rockville Town Square, just one segment of the city's planned mixed-use Rockville Town Center project, gets a boost as Corus Bank closes on $103.2 million in financing for the first two phases of the $352 million mixed-use segment.
ROCKVILLE, MD-The development of Rockville Town Square, just one segment of the city's planned mixed-use Rockville Town Center project, gets a boost as Corus Bank closes on $103.2 million in financing for the first two phases of the $352-million mixed-use segment.
ROCKVILLE, MD-A vacant 125,000-sf office building gets a big boost in its occupancy level with the National Institutes of Health signing on for 84,000 sf of space. The building at 2115 E. Jefferson St. had been home to Manugistics Inc.
ARLINGTON, VA-International real estate member firm network Corfac releases its quarterly survey of 52 secondary commercial real estate markets in North America. On the average the news is good; compared to the last quarter of 2004, vacancy rates for both office and industrial rates are down.
BALTIMORE-The 656,000-sf office building at 100 E. Pratt is reportedly under contract for sale to Wells Real Estate Investment Trust II Inc. for nearly $208 million. A 28-story structure in the Downtown area, 100 E. Pratt is currently owned by Boston Properties, and has investment management firm T. Rowe Price Group Inc. as its lead tenant.
BALTIMORE-The 656,000-sf office building at 100 E. Pratt is reportedly under contract for sale to Wells Real Estate Investment Trust II Inc. for nearly $208 million. A 28-story structure in the Downtown area, 100 E. Pratt is currently owned by Boston Properties, and has investment management firm T. Rowe Price Group Inc. as its lead tenant.
HAMPSTEAD, MD-The one million-sf industrial property known as the Solo Cup Distribution Center sells in a recent $37.5 million transaction. Highland Park, IL-headquartered Solo will continue to make its home in the five-year-old building under a long-term lease with the new owner.
FREDERICK, MD-An 11-building portfolio totaling 449,300 sf of office and flex space within the 18-structure 270 Technology Park finds a new owner. AMB Property Corp. sells Artery Group the cluster of buildings, which is occupied by the likes of General Dynamics and SAIC.
