RICHMOND, VA-The public company from Jericho, NY agrees to pay $29 million for 23 gas stations with mini marts, most of which are located in the Greater Richmond area. Upon closing, it will net lease the properties to GPM Investments LLC for an initial term of 15 years.
RICHMOND, VA-The public company from Jericho, NY agrees to pay $29 million for 23 gas stations with mini marts, most of which are located in the Greater Richmond area. Upon closing, it will net lease the properties to GPM Investments LLC for an initial term of 15 years.
SAN FRANCISCO-The locally headquartered industrial REIT reports a fourth quarter net income of $74.6 million, compared to $171.2 million for the same period in 2003. For the year, net income $171.8 million, compared to $234.8 million for the same period in 2003.
BEAVERTON, OR-The national department store chain, which is in the process of opening its first stores in the Northwest, puts on hold its application for a store near Oregon 217 and Southwest Scholls Ferry Road while it considers a former HomeBase building located a few exits to the north that would require fewer transportation improvements.
BELLEVUE, WA-Pacific Property Co. is the new owner of Aspenwood, an apartment complex here that was built in two phases during the late 1970s and the early 80s. It is the Palo Alto, CA-based company's first Seattle-area acquisition.
NORTH LAS VEGAS, NV-In a huge deal for Southern Nevada, the Vernon Hills, IL-based retailer of computers, components, software and electronics inks a long-term build-to-suit lease deal for a Western US distribution facility.
NORTH LAS VEGAS, NV-In a huge deal for Southern Nevada, the Vernon Hills, IL-based retailer of computers, components, software and electronics inks a long-term build-to-suit lease deal for a Western US distribution facility.
MEXICO CITY-Mexico Home Capital Ltd. of Chicago and Dallas-based Hunt-Mexico Inc. form a partnership that plans to assemble an ongoing series of large funds ($250 million and up) targeting investment opportunities across the county's entire housing spectrum.
SAN JOSE, CA-For an expansion of its operations, Arseen Auto Body acquires the 30-year-old building here from Glasforms Inc., which has leased back 37% of the building for five years.
SAN FRANCISCO-The local office of Preston Gates & Ellis LLP is combining operations with Berg & Parker LLP, a San Francisco law firm with extensive experience in real estate.