Real Estate Alert

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Articles in June 23, 2004 issue of Real Estate Alert

• Mall offered in shifting Iowa market
• Big Md. apartment portfolio shopped
• Pennsylvania mall
• Passco Real Estate is fine-tuning its agreement to buy three low-end malls from a Whitehall Street Real Estate Fund partnership
• Orlando apartments
• Meanwhile, a CB Richard Ellis listing in Orange County got the kibosh before marketing could get underway
• Apollo dealing net-leased offices
• GM may divide malls by region
• Lower Manhattan
• German fund buys 70% stake in NY tower
• California Industrial Complex
• After dealing with red tape for several months, creditors of bankrupt Integrated Health Services are marketing the 233,000-sf property at 910-930 Ridgebrook Road in Sparks, Md
• Dallas tower headed back on block
• California office portfolio for sale
• Nonperforming office loan in Phoenix
• Investor hawks 2 Calif. offices
• California apartments
• Trizec tees up deal in hot Wall St. market
• Orlando Hotel
• L&L Acquisitions, which hired Sonnenblick-Goldman to help it find an ongoing equity partner
• Half-interest in three NY office buildings
• Downtown Boston
• Grubb & Ellis' Los Angeles-area team, led by Kevin Shannon, may jump to another brokerage
• ING Realty eyes shift in strategy for funds
• Mall portfolio
• Santa Monica office property
• Time Equities, Two Trees Management and developer Robert A. Levine are among the bidders for the Williamsburg Savings Bank building, a 370,000-square-foot landmark at 1 Hanson Place in Brooklyn
• RREEF, Principal Financial's Real Estate Separate Account vehicle and Falcon Real Estate, which invests on behalf of Strategic Real Estate Advisors of London, are the final bidders for the 495,000-sf Summit Office Campus 1&2 in Aliso Viejo, Calif