A sampling of significant transactions that took place in recent weeks
THE SCENE
THE DEAL
THE PLAYERS
THE DETAILS
Fiterman Hall
New York City
NORTHEAST
Maryland Portfolio
Various locations
Broke ground on a $259-million
redevelopment of a 14-story
project, containing classroom
and office space
$86.9-million refinancing of three
apartment complexes located
throughout suburban Maryland.
10-year interest-only loan
funded at 60% of the portfolio’s value
Borough of Manhattan
Community College (owner).
Tishman Construction
(developer).
globest.com/reforum/1112_09/1.html
Rreef Deutsche Asset Management globest.com/reforum/1112_09/2.html
(borrower). Fannie Mae (lender).
SOUTHEAST
Gardens Pointe
3507 Kyoto Gardens Dr.
Palm Beach Gardens, FL
Leasing of 12,222 sf in a four-story,
34, 363-sf office building
Merrill Lynch (tenant).
Kolter Commercial (owner).
NAI Merin Hunter Codman (broker).
globest.com/reforum/1112_09/3.html
Castleton Park
5920 Castle West Dr.
Indianapolis
MIDWEST
Nett Lake Community and
Government Services
Facility
Nett Lake, MN
33,000-sf office lease
$12.8-million construction financing
for office redevelopment
Aurora Bank (tenant). Jones Lang
LaSalle (broker). BREOF Castleton
Park REO LLC (owner).
Colliers Turley Martin Tucker (broker).
Bois Forte Community
Redevelopment Corp. (borrower).
Wells Fargo (lender).
globest.com/reforum/1112_09/4.html
globest.com/reforum/1112_09/5.html
SOUTHWEST
Marnell Air Cargo Center
Las Vegas
Broke ground on 200,928-sf
air freight logistics center.
The $29-million project is slated
for completion in late 2010.
Marnell Properties (owner).
R&O Construction
(general contractor).
globest.com/reforum/1112_09/6.html
Bella Terra
Huntington Beach, CA
Leasing of 32,000 sf of retail space
for a grocery store in an 800,000-sf
shopping complex
Whole Foods (tenant). DJM Capital globest.com/reforum/1112_09/7.html
Partners (owner).
WEST
William J. Peter Knight
Veterans Home
45221 30th St. W.
Lancaster, CA
Completion of a 46,620-sf rehabilitative, residential and medical
care center
California Department of Veterans
Affairs (owner). Barnhart-Heery
(developer).
