Weingarten Realty Investors Announces $271 Million Joint Venture With Hines REIT

Weingarten Realty Investors and Hines Real Estate Investment Trust, Inc. (“Hines REIT”) announced the formation of a joint venture transaction in which a subsidiary of Hines REIT will acquire a 70% interest in a WRI portfolio of 12 high-volume supermarket-anchored shopping centers. The aggregate transaction price is approximately $271 million and the transaction will close on multiple dates. The initial closing occurred on November 13,... 

Golden Oak MIMOWCB Mission Modular Office Computer Base

Golden Oak MIMOWCB Marked by sharp right angles and the tight grain beauty of rift-sawn North American Red Oak veneers, Mission is a classic blend of Craftsman and Spanish designs. This dramatic yet straightforward architecture inspired the arts and crafts and art nouveau domestic styles, characterized by simplicity and function. Golden Oaks line mixes understated accents accents

Lea Industries Katie’s Place 46″ W Computer Desk with Optional Hutch and Chair 351-345 Set

Lea Industries 351-345 Set With its elegant style, pleasing colors, and undeniable comfort any bedroom can come alive with the Katie’s Place Bedroom Set. The superior craftsmanship of the Drawer Computer Desk is sure to add style and flair to any bedroom. Features: -Washed farmhouse finish -High pressure laminate -Solid wood drawer fronts -Vinyl wrapped drawer drawer

URDANG and Onyx Equities Sell White Plains, NY, Office Building for $82 Million

URDANG, part of BNY Mellon Asset Management, and Onyx Equities, LLC, have completed the sale of a 320,000-square-foot office building in White Plains, New York, for $81,775,000. The multi-tenant, fully occupied building at 1311 Mamaroneck Avenue had been part of the URDANG Value-Added Fund, L.P. portfolio, a real estate investment vehicle formed by URDANG Capital Management, Inc. to acquire a portfolio of value-added properties located throughout... 

The Streets of Buckhead Pursues Certification for Environmentally Friendly Building and Construction

A lifelong resident of Atlanta, Ben Carter has made an environmental commitment to the community by seeking Leadership in Energy and Environmental Design (LEED) certification for his company’s luxury mixed-use development, The Streets of Buckhead. Featuring more than 500,000-square feet of world-class retail, dining and residences, The Streets of Buckhead will be one of the country’s most expansive and affluent developments to be awarded Silver... 

DuPont Fabros Technology, Inc. Closes $100 Million Secured Loan, Suspends Santa Clara Development and Reports Leasing Activity

DuPont Fabros Technology, Inc. announced that the Company closed on a $100 million secured loan with a syndicate of lenders led by KeyBank National Association. The loan has a three-year term with a one-year extension at a floating rate of LIBOR plus 3.50% (4.0% in the extension period) and includes quarterly principal payments of $500,000. The loan is secured by the Company’s newly constructed ACC4 prototype data center asset in Ashburn, Virginia,... 

Alpen Glow and Howelsen Place Announce Creation of In-House Sales and Marketing Team

James A. Cook, founding owner/broker at Colorado Group Realty, announced today that given his increased involvement with multiple development projects in the Steamboat Springs market he will pass the baton as the lead real estate broker for the sale of the remaining residential units at Alpen Glow and Howelsen Place. Commencing November 1, 2008, sales and marketing for Alpen Glow and Howelsen Place will be managed by Ski Town Lifestyle Properties... 

Skanska Sells Ongoing Office Project in Copenhagen to Norrporten

Skanska is selling the ongoing office project Havneholmen Tower in Copenhagen. The buyer is Fastighetsaktiebolaget Norrporten, which will take possession of the property in January 2011. Skanska is responsible for leasing of the project until the end of June 2014. The project was started in the first quarter of 2008 and no leases have been signed yet, but negotiations are in progress with several potential tenants. The final development gain depends... 

Sitar Company Brokers Named New Jersey’s “2008 All-Star Commercial Real Estate Brokers”

Sitar Company, a leading New Jersey commercial real estate firm, today announced that Joseph Nitti, Douglas J. Sitar and William Sitar III have been named “2008 All-Star Commercial Real Estate Brokers” by Real Estate New Jersey. The “2008 All-Star Commercial Real Estate Broker” rankings are awarded by Real Estate New Jersey, a monthly commercial real estate magazine, to New Jersey brokers who have demonstrated excellence in notable real estate... 

Williams Scotsman Expands Footprint in North America by Opening Four New Branches in Mexico

Williams Scotsman, the leading provider of modular space and storage solutions, today announced further expansion in Mexico with branch openings in Juárez, Hermosillo, Riviera Maya and Tijuana. “The new branch openings represent the company’s commitment to serving our Mexican customers in the manufacturing, mining, agricultural, and tourism-related fields,” said Nicholas Polit, country manager of Mexico. “With nine branch locations strategically...