MAUI, HI-GMAC Commercial Mortgage Corp. provides $202.8 million for a two-tower, 120-unit development across from the Grand Wailea Resort here and $135 million for a 212-unit development in the Waikiki section of Honolulu.
PORTLAND, OR-The overall industrial vacancy rate here, which fell from 8.8% to 7% in 2005, is expected to fall another 150 basis points as demand continues to outpace new construction.
PLEASANTON, CA-The Portland, OR-based real estate investment firm acquires a 200,000-sf Hacienda Lakes Business Park for $33 million, its third acquisition within the 815-acre Hacienda Business Park.
PLEASANTON, CA-The Portland, OR-based real estate investment firm acquires a 200,000-sf Hacienda Lakes Business Park for $33 million, its third acquisition within the 815-acre Hacienda Business Park.
WARSAW-The real estate investment management firm raises euro 350 million ($410 million) that it will leverage with debt to acquire more than euro 1 billion ($1.2 billion) of real estate. About 20% of the total equity is already invested in four projects totaling euro 200 million ($234 million).
WARSAW-The real estate investment management firm raises euro 350 million ($410 million) that it will leverage with debt to acquire more than euro 1 billion ($1.2 billion) of real estate. About 20% of the total equity is already invested in four projects totaling euro 200 million ($234 million).
SEATTLE-Jeff Lyon, the top executive for the locally based real estate services firm, tells GlobeSt.com that the company is looking to expand its newest outpost in Portland, OR and break into additional markets this year.
TERRE HAUTE, IN-Publicly held Inland Real Estate Corp. of Oak Brook, IL, acquires Honey Creek Commons, a newly constructed 179,000-sf retail center here for $23.8 million, but may make additional payments as vacant space is leased.
SAN JOSE, CA-CarrAmerica Realty Corp. acquires the 85,585-sf building for $10.3 million. For all intents and purposes, the building is vacant because NetIQ has free rent for the next four months and then will be vacating the premises in favor of leased space elsewhere in the city.
SEATTLE-Orthopedic Physician Associates is looking to consolidate operations currently spread among four buildings into a single location in or around the First Hill neighborhood. It has narrowed its search to three potential locations, two of which would be new construction.