STEVENSON, WA-The Los Angeles-based real estate company paid between $55 million and $60 million for the property, industry sources tell GlobeSt.com. The seller acquired the property in 2001 for $42 million and then invested $15 million or more to add 54 rooms and 15,000 sf of meeting space.
SALT LAKE CITY-In the largest transaction the self-storage industry has ever seen, locally headquartered Extra Space Storage Inc. and Prudential Real Estate Investors acquire Memphis-based Storage USA from GE Commercial Finance, creating the second largest self-storage operator in the US.
SALT LAKE CITY-In the largest transaction the self-storage industry has ever seen, locally headquartered Extra Space Storage Inc. and Prudential Real Estate Investors acquire Memphis-based Storage USA from GE Commercial Finance, creating the second largest self-storage operator in the US.
PITTSBURGH, PA-The landmark building here is master leased to Mellon Financial, which recently extended its lease through 2028. The aggregate value of the lease is $551.7 million.
PITTSBURGH, PA-The landmark building here is master leased to Mellon Financial, which recently extended its lease through 2028. The aggregate value of the lease is $551.7 million.
VISALIA, CA-The subsidiary of VF Corp., one of the world's largest apparel companies, expects to occupy the distribution facility next June. The developer is the Allen Group of San Diego.
SPOKANE, WA-The locally headquartered hotel company says agreements are in place to sell seven hotels and two commercial buildings to multiple buyers for gross proceeds of $48 million while it continues to market four additional hotels for sale.
PORTLAND,OR-The Portland Development Commission says responses to its request for revised proposals--with cost estimates for a smaller hotel than originally envisioned--are due Aug. 5. The new date for selecting a developer is in mid-October, about 90 days behind the original schedule.
PORTLAND,OR-The Portland Development Commission says responses to its request for revised proposals--with cost estimates for a smaller hotel than originally envisioned--are due Aug. 5. The new date for selecting a developer is in mid-October, about 90 days behind the original schedule.
TEL AVIV-Victor Schlesinger acquires the First International Bank building on Rothschild Boulevard here with plans to either rehab the office space or convert it for residential use.
