News Archive for October, 2006

October 9, 2006

Blackstone Stands To Make Windfall from Trizec Sell-Offs


CoStar Group
New York investor Fortis Property Group is said to have struck a deal for the three Galleria Towers for about $280 million. There’s talk that the Moinian Group, also out of New York, is buying the 1.7 million-square-foot Renaissance Tower for close to $150 million. And American Ventures Realty Investors, based in Florida, is […]

October 3, 2006

Prominent Office Towers Drawing Interest


builderonline.com
Another investor, American Ventures Realty Investors of Miami, has a letter of intent to acquire the Bank One Center on Main Street. The 27-year-old private investment company hopes to complete the sale next month, according to real estate brokers.