Portfolio Investment Activity 

Acquisitions:

Lloyd District Apartments, Portland, OR
Development of 186 apartments = $43 million

Bravern Office Commons, Bellevue, WA
Joint venture holding 2 office buildings = $139 million
 
Dispositions:
Bixby Technology Center, Alviso, CA
Proceeds from property sale = $60 million

Fountain Lakes, St. Louis, MO
Proceeds from property sale = $34 million

Interport Industrial, Richmond, VA
Proceeds from property sale = $19 million

Adobe Flash Player Required

Get Adobe Flash player

BIT News

BIT Celebrates Groundbreaking at Ritchie Station Marketplace Construction begins on the 1-million square feet retail development project.
Seattle Urban Development Project Generates Union Jobs BIT financing generates jobs for an estimated 560 union construction workers.
3rd Quarter '09 Dispositions Generate $47 Million in Proceeds The BIT continues to successfully dispose of assets.

Commercial Real-Estate News

Plots & Ploys Colorado's Oakwood Homes is purchasing Henry Walker Homes in a deal valued at over $75 million. The deal is a sign that home builders are deciding the best way to expand into a new market is to buy your way in.
Wed, 23 Apr 2014 00:06:09 EDT

Ruling Bodes Well for REIT Converts News that advertising company CBS Outdoor has received a green light from the IRS to convert into a real-estate investment trust is a positive sign for other companies awaiting similar rulings.
Tue, 22 Apr 2014 21:08:02 EDT