Real Estate Market Update - July 23, 2010


In this Issue:

*Deals Updates - Offices

..KBS acquires Chicago office building for $655M

..Virginia Investor acquires four government-leased office buildings

..Rancho Bernardo office building changes hands for $38M

..Caddo Holdings buys Wells Fargo Tower at Lakewood

..Justice Department's office headquarters in DC sells for $305M

..KBS buys REO office in Newport Beach for $41M

..CB Richard Ellis Realty Trust buys Boston area office building for $55M

..TCF Bank Building and TCF Tower in downtown Minneapolis sells for $40.5M

..Northwestern Mutual buys DC office building for $305M

..San Francisco office tower sold to Korean buyers for $333M

..Hines REIT buys Irvine office building for $20M

..HRPT Properties Trust sells $231M of assets

..Shorenstein to sell Oakland City Center for $360M

..Polidev International buys San Francisco office building for $35 million

..Digital Realty Trust to buy five data centers

*Deals Updates - Retail

..San Diego REIT purchases five properties for $71.7M

..California investment firm acquired formerly distressed Charlestowne Mall for an undisclosed sum

..Westport pays $22M for foreclosed retail center in Orange County

..MRP Realty Partners to purchase Washington Harbour office building for $244.5M

..New York investor buys Portland malls for $90M

..Shoppes at Chino Hills sold to private investor group for $94.5M

..Inland RE Buys two shopping centers in Port St. Lucie for $73.7 million

..Big Shopping Centers Inc., Kimco Realty buy US malls

*Deals Updates - Industrial

..Korean firm acquires Santa Ana industrial building for $11.6M

..Washington Harbour sells for $244.5M

..Realty Income to acquire $269M of Diageo Chateau & Estate Wines Properties

..Westcore buys $30M of San Diego industrial property

..Entertainment REIT buys 12 theatres for $124M

..American Realty Capital buys Sacramento industrial site

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Allen Matkins | Attorney Advertising

Written by:


Allen Matkins on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.