FOR IMMEDIATE RELEASE NEW YORK, Sept. 16, 2002 T-Rex Capital announced today that it has joined with developer Peter Berns to create a “Meet-Me” Room at a T-Rex telecommunications “carrier hotel” in Cleveland. The Meet Me Room will be located in the T-Rex Technology Center, Rockwell Avenue, Cleveland. This four-building, 500,000 square foot complex currentlyRead More »
Date: September 13, 2002 By: Darcie Lunsford Of: The South Florida Business Journal In a sign that Boca Raton’s vacancy-plagued commercial market may have hit bottom, deals have been signed for the remaining vacant land at the former IBM hub, the renamed T-Rex Corporate Center @ Boca Raton. A pair of Broward County office developersRead More »
Boca Raton/Delray Beach News April 30, 2002 POMPANO BEACH-A location for a second Tri-Rail station in Boca Raton is still up in the air, after the board for the commuter railway gave a lukewarm reception Friday to a proposal to put a station just south of busy Glades Road. Codina Development Corp wants to buildRead More »
Officials hope to sell the site and find one closer to FAU. By Chuck Mcginess Palm Beach Post Staffwriter Saturday, April 27, 2002 Tri-Rail all but abandoned plans Friday for a new station on property it owns near Glades Road in Boca Raton, agreeing to work with city and community leaders to find another siteRead More »
Technology Park Will Allow Easier Access To Proposed New Station, Officials Say Reprinted from: Boca Raton/ Delray Beach News Mr Due H. XXX – Staffwriter Tues April 23, 2002 City officals hope Tri-Rail will move one of its proposed new commuter-rail train stations planned for Boca Raton a little further down the line. Mayor StevenRead More »
By Chang M. Kaus- Staff Writer Boca Raton/Delray Beach News April 2, 2002 It’s a massive task -to find suitable uses for the 308-acre Boca technology property south of Yarnato Road. The public has already had a chance at three workshops to put there suggestions on the table. The Boca Raton Parks & Recreation BoardRead More »
PRESS RELEASE NEW YORK, March 21, 2002 – T-Rex Capital, LLC announced today that it has completed acquisition of a $13 million retail center mortgage from Credit Suisse First Boston (CSFB). The note is the “B” portion of a $49.4 million first mortgage on two retail shopping centers outside Washington, D.C. Specific terms were notRead More »
OPINION By Thomas M. Mulroy Janurary 11, 2002 In the wake of September 11, many analysts predicted commercial real estate markets in upstate New York, New Jersey, and Connecticut would be hard pressed to fill the 13 million square feet of lost office space. Yet within weeks more than half of that total was replacedRead More »
Source: Real Estate Alert December 19, 2001 An investment group has agreed to pay a New York State agency about $160 million for U.N. Plaza, a three-building office complex in Midtown Manhattan that is leased to the United Nations. The buyer is Capital Real Estate, a New York firm controlled by a group of wealthyRead More »
Source: Real Estate Alert – The Grapevine December 12, 2001 Institutional investors have slowed their purchases of real estate this year, while privately held firms and individuals have increased their holdings. According to a report from Grubb & Ellis, institutional buyers — including pension funds, insurers and banks — accounted for just 18% of theRead More »