AMB Property Corp. has agreed to buy a 95% stake in 900,000 sq. ft. of airport distribution space from McLean, Va.-based Aviation Facilities Co. for $95 million. AMB paid $50 million in cash and assumed $45 in debt...
It's been a roller coaster year for Northbrook, Ill.-based Grubb & Ellis. The company posted a record fiscal 2000, with revenue and net income increasing 32% and 102%, respectively. In May, Grubb & Ellis...
Aliso Viejo, Calif.-based Shea Properties has unveiled plans for Vantis, a 1.5 million sq. ft., $350 million office campus in South Orange County, Calif. Shea received local approval for the project in August, and...
Topping off our New York deals, locally based Brickman Associates and Rockwood Capital Real Estate Fund IV have acquired a condominium interest in 660 Madison Avenue. The $108 million acquisition includes 660 Madison...
Cranford, N.J.-based Mack-Cali Realty Corp. has two more Class-A buildings lined up for Harborside Financial Center in Jersey City, N.J. Down the road in Parsippany, N.J., a subsidiary of Cleveland-based KeyBank USA...
Atlanta-based Regent Partners plans to break ground this fall on a high-rise multifamily building, The Regent, and immediately follow at the beginning of 2001 with groundbreaking for the Tower Place 400 office...
Southern California's Inland Empire remains one of the most desirable industrial markets for tenants, while investors are keeping an eye on San Diego properties and Los Angeles-area infill locations...
Bethesda, Md.-based CoStar Group Inc. will launch CoStar Connect, an online system that allows real estate firms to market property listings on their own Web sites, at the beginning of 2001. CoStar Connect will allow...
Chattanooga, Tenn.-based CBL & Associates Properties Inc. has agreed to lease space for BigFatWow!'s Internet centers in 29 CBL malls. Irving, Texas-based BigFatWow! provides free high-speed Internet access in...
