Brookfield Buys Rosslyn, Virginia, Office Tower for $106 Mln
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Brookfield Properties Corp., which owns 48 commercial sites including the World Financial Center in New York, bought a 19-story office tower in Rosslyn, Virginia, from Deutsche Immobilien Fonds AG for $106 million.
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Pine Tree Institutional Realty of Northbrook, Ill., purchased Hazel Dell Town Center, a 400,000-square-foot office and retail development in Vancouver, Wash., for $60 million.
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The Blackstone Group said on Tuesday it would buy Hilton Hotels Corp. for about $26 billion in cash.
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The Motley Fool - On Monday, Equity Office Properties Trust (NYSE: EOP - News) announced that it had agreed to be acquired by The Blackstone Group in a transaction valued at approximately $36 billion. The terms of the agreement call for Blackstone to acquire all of the outstanding common stock of Equity Office at an 8.5% premium over its closing price on November 17, 2006.
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ARENA Instrumen tation is the latest company to buy its own self- contained office at the newly developed Rossmore Business Village in Ellesmere Port.
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The Carlyle Group, a Washington-based private equity firm, said today that it has agreed to acquire Annapolis-based ARINC Incorporated, a provider of communicaitons for transportation systems.
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By John Reid Blackwell, Richmond Times-Dispatch, Va.  May 25--ChemTreat Inc., a Henrico County-based company that is majority owned by its employees, has been acquired by a Fortune 500 company for $435 million.
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By AARON APPLEGATE  By AARON APPLEGATE  The Virginian-Pilot   SUFFOLK - A developer has a contract to buy about 700 acres of farmland in the central part of the city, a huge chunk of prime undeveloped real estate at the intersection of two highways near downtown.
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The Blackstone Group officially took possession of about 12 million square feet of office property in the Boston area yesterday as it completed the nation's largest private real estate purchase ever, from Equity Office Properties Trust for $39 billion .
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New Jersey-based Honeywell International Inc. , the aerospace and high-tech manufacturer, has agreed to buy the British industrial holding company Novar PLC for about $1.7 billion, the companies said yesterday.
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The acquisition of Brookville Capital Management is the firmÂs fourth investment in a hedge fund in two months.
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Global Tower Partners, a U.S. wireless tower operator, is to be bought by a consortium of infrastructure funds managed by members of Australia's Macquarie Group in a deal valued at $1.4 billion.
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Real estate investment trust Archstone-Smith  on Tuesday said it agreed to be acquired by Tishman Speyer and investment bank Lehman Brothers Holdings Inc.  in a deal valued at $13.5 billion, reflecting the strong demand for high-end real estate by private investors.
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PALO ALTO, Calif.  -- Computer and printer company Hewlett-Packard Co. said Monday it will buy data center automation software company Opsware Inc. for about $1.6 billion.
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The state of Virginia and Fairfax County each pledged $600,000 to entice International Business Machines Corp. to bring 1,250 high-paying new government contracting jobs to Fairfax. -The Washington Post
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Anticipating Harvard University's expansion in Allston, the owner of the Sports Depot pub-style restaurant last week bought longtime neighbor Able Rug's real estate -- a 19th-century slap-dash warehouse-style building and a parking lot -- for $1.25 million.
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Boston developer John B. Hynes III and the financial services company Morgan Stanley yesterday bought 23 acres of South Boston Waterfront land from Rupert Murdoch's News Corp. for $203.7 million.