Equity Based Services, Inc. announced the acquisition of Silverado Self Storage in Las Vegas, NV. Silverado is located at 8250 South Maryland Parkway, with ample frontage along Interstate 215. This Class-A, institutional investment grade facility is located in an affluent infill location within Las Vegas. The project is positioned between three major thoroughfares, situated within a high density, well established, upper income area. Silverado boasts...
Inland Real Estate Corporation announced that the Company has entered into a $140.0 million two-year unsecured term loan agreement with a lending group comprised of KeyBank, Bank of America, Wachovia, Wells Fargo and Charter One Bank. Borrowings under the term loan will bear interest at a variable rate equal to 200 basis points over the 30-day LIBOR rate in effect at the time of borrowing. The term loan has a scheduled maturity date of September 2,...
American Realty Capital announced the appointment of Jesse Galloway as its Assistant General Counsel. Mr. Galloway will advise ARC’s senior management team on real estate related legal issues. He will work closely with the Company’s outside legal counsel in representing ARC in its commercial real estate and financial transactions, including legal activities related to American Realty Capital Trust, the non-traded, public REIT which ARC advises,...
Washington Real Estate Investment Trust has acquired The Kenmore, a 374-unit, 270,000 square foot apartment building located in Washington, DC for $58.3 million. The property is located at 5415 Connecticut Avenue, proximate to the intersection of Connecticut Avenue and Military Road, a half mile south of Chevy Chase Circle in the established, affluent Upper Northwest submarket in close proximity to Friendship Heights and Chevy Chase. The property...
Gold Horse International, Inc.,, a multifaceted business group that controls and operates a construction company, real estate development business and a hotel in Inner Mongolia, China, today provided updates on two key real estate development projects in Inner Mongolia that are scheduled for completion in 2009. The construction cost of both projects combined is expected to be RMB 158 million ($23.2 million). The Company’s Inner Mongolia affiliate,...
The Boston and Dallas offices of HFF (Holliday Fenoglio Fowler, L.P.) announced that they arranged a $90 million construction loan for the development of Archstone Avenir, a 241-unit multifamily community in Boston, Massachusetts. HFF executive managing director Jody Thornton, director Anthony Cutone and associate director John Ahmed worked exclusively on behalf of Archstone to secure the 36-month construction loan through NEBF Investments (National...
The last 10 years have been a decade of growth and significant realty value increases in Texas with many properties more than doubling in value, according to Lewis Realty Advisors, one of the oldest and most respected Texas-based real estate valuation and consulting firms. Job growth and the strength of the state’s economy boosted demand — and the prices — for office space, retail centers, manufacturing buildings and residential properties...
Binswanger has been named exclusive agent by Sparton Corporation for the sale of a sensational, one-story, 109,835 sq. ft. building on 22.4 acres at 8500 Bluewater Road, NW in Albuquerque, New Mexico. This superb building features 6” reinforced concrete floors; pre-stressed concrete walls; ceiling heights to 20’ clear; steel columns spaced 25’ x 35’; all utilities; 100% wet sprinkler system; 36,000 sq. ft. of modern, fully air-conditioned...
General Growth Properties, Inc. announced that it repaid $391 million of near term maturity mortgage loans, following another closing with respect to the staged funding of its $1.75 billion secured loan facility today. This brings the total loan facility amount currently outstanding to $1.41 billion. All remaining seven properties were added to the collateral pool which now completes the 24 property collection of assets. The company plans to add additional...
Duke Realty Corporation has been selected to construct a 403,800-square foot, built-to-suit office campus for GE Aviation, an operating unit of General Electric Corporation (GE – News) that is a leading producer of jet engines for commercial and military aircraft. The corporate office campus will include two, four-story “L”-shaped buildings, into which GE Aviation will consolidate approximately 1,400 office personnel, including more...
The Contour Lounge Chair by Murillo
Murillo, the Philippines based manufacturer has been involved in manufacturing furniture and...
Contemporary Office Designs from Triple Five Design
Looking for modern interior inspiration for your office, here we got some preview of the contemporary...
The Gallery House designed by architect Richard Librach
Today’s modern house inspiration is coming from Richard Librach Architect, Toronto-based...
The Riedel Amadeo Decanter from Williams-Sonoma
Williams-Sonoma, the company that serves cookware, cooks stool, cutlery, electrics, bakeware,...
Sign up to receive daily email updates of ArchiThings.Com headlines. Enter your email address below: