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Beverly Hills Office Property Sells for $1,150 per SF

2013-05-17 15:39:00| National Real Estate Investor

The Wallace Family Trust has disposed of 130 S. El Camino Dr. in Beverly Hills, Calif. The undisclosed buyer paid $10.4 million for the 9,046-sq.-ft. office building. read more

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Three Carnegie Plaza Sells for $8M

2013-05-17 15:39:00| National Real Estate Investor

Rancon Realty Fund V has disposed of Three Carnegie Plaza. The buyer, a 1031 Exchange Partnership made up of 1250 Fairfax LLC and 521 East 11th St. LLC, paid $8 million for the 85,846-sq.-ft. office property located in San Bernardino, Calif. read more

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ArPetrol Sells North Dakota Royalty Interests

2013-05-16 16:20:00| OGI

Completion of the sale of the royalty interests is subject to customary closing conditions, and closing is expected to occur within the next week.

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IRET Sells Four Industrial Properties for $19M

2013-05-16 06:08:00| National Real Estate Investor

The trust is disposing of assets, including these facilities in Minnesota and North Dakota.read more

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US: Brown Shoe sells Avia and Nevados brands for $74m

2013-05-15 15:14:00| Daily apparel & textile news and comment - from just-style.com

Footwear business Brown Shoe Company has sold its Avia and Nevados labels to brand acquisition and development firm Galaxy Brand Holdings for US$74m, and said it will use the proceeds to pay down debt.

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