SEATTLE-Equity Residential closes on the four-building, 785-unit Downtown apartment development it tied up earlier this year. The deal includes about 83,000 sf of office and retail space that was fully leased and 413 underground parking spaces.
SEATTLE-Equity Residential closes on the four-building, 785-unit Downtown apartment development it tied up earlier this year. The deal includes about 83,000 sf of office and retail space that was fully leased and 413 underground parking spaces.
INDIANAPOLIS-Thirty-two investors acquire the North America headquarters of Thomson Consumer Electronics Inc. in what may be the largest single-tenant office building acquisition by a group of tenant-in-common buyers.
INDIANAPOLIS-Thirty-two investors acquire the North America headquarters of Thomson Consumer Electronics Inc. in what may be the largest single-tenant office building acquisition by a group of tenant-in-common buyers.
SACRAMENTO-SVN Equities acquires the Savannah Court apartments here for just under $90,000 per door with the intention of finalizing an existing condominium map on the property and then flipping it to a converter.
CLEVELAND-Locally based Paragon Real Estate Equity and Investment Trust agrees to acquire 1,478 units in 10 properties in Texas and Ohio for $64.7 million, or $43,775 per unit. The news didn't help the company's longtime miniscule share price, which last week prompted the American Stock Exchange to recommend a reverse stock split and threaten delisting.
CLEVELAND-Locally based Paragon Real Estate Equity and Investment Trust agrees to acquire 1,478 units in 10 properties in Texas and Ohio for $64.7 million, or $43,775 per unit. The news didn't help the company's longtime miniscule share price, which last week prompted the American Stock Exchange to recommend a reverse stock split and threaten delisting.
SEATTLE-The property arm of billionaire Paul Allen is planning a 90-unit low-rise condominium development in the South Lake Union neighborhood. Construction will start in late 2006 toward a fall 2007 completion.
PORTLAND, OR-The credit union signs a long-term lease for 55% of the 85,000-sf, low-rise Downtown office building. The building's current anchor tenant, Bank of America's asset management division Columbia Management Group, is relocating to Bank of America Financial Center.