Investment News
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May 21, 2013
AT&T Research Center bought by Herrick Co.The Herrick Company of Florida is the new owner of AT&T's million-square-foot research center. |
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May 20, 2013
The Herrick Company, Inc. Announces $650 Million In Recent Real Estate TransactionsNorton Herrick, Chairman of The Herrick Company, Inc., announced today that affiliates of The Herrick Company, Inc., one of the nation's leading real estate investment firms, have recently closed on the following real estate transactions. |
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May 1, 2013
Transaction Highlights May 2013The purchase for $120,000,000 of an Office & Research Facility leased to AT&T; the purchase of 12 retail stores leased to Genuine Parts Company (Napa Auto) and the purchase of 2.5 acres of oceanfront property zoned condo/hotel in Pompano Beach, Florida. |
April 1, 2013
Net Lease Real Estate Icons - Norton HerrickUnder the watchful eye of Herrick Co. chairman and CEO Norton Herrick, the firm has become a major force in the real estate marketplace over the past 50 years, with income property transactions totaling over $3 billion. |
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September 10, 2012
The Herrick Company, Inc. Announces $700,000,000 In Sales And PurchasesBOCA RATON, Fla., Sept. 10, 2012 /PRNewswire/ -- Norton Herrick, Chairman of The Herrick Company, Inc. today announced that affiliates of The Herrick Company, Inc. one of the nation's leading real estate investment firms, have sold their interest in the following properties: 38 motel properties |
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January 14, 2011
Herrick Company transactions for 2010The construction and purchase of an 181,000 sf hospital leased to Clarian Saxony Medical Center and guaranteed by Clarian; the purchase of 12 retail stores leased to Genuine Parts Company (Napa Auto) and the purchase of 2.5 acres of oceanfront property zoned condo/hotel in Pompano Beach, Florida. |
April 16, 2010
Is Martin Tower old before its time?Developers of former Steel headquarters seek National Historic Register Status. |
November 30, 2009
Clarian Health secures third party capital for the $190 million Clarian Saxony Medical Center Campus in Fishers, Indiana.Cain Brothers advised Clarian Health on the selection of a real estate capital provider and assisted in the negotiations of the terms for the build-to-suit leaseback for the construction and long-term ownership of a de novo acute care hospital. |
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February 28, 2009
Transaction Highlights February 2009Herrick Company transactions from 2009, included the purchase of 38 motel properties leased to Motel 6 and guaranteed by Accor, 28 retail bank branches leased to Old National Bank, and the contracting of 40 retail stores leased to CVS Corporation. |
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February 29, 2008
Transaction Highlights February 2008Herrick Company transactions from 2008, included the purchase of corporate headquarters building leased to Old National Bank. Sales included 19 medical office properties leased to Sparks Health System, and the sale of the Fibrominn 55 Megawatt poultry-litter-fired power plant. |
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September 30, 2007
Transaction Highlights September 2007Herrick Company transactions from 2007, included the purchase of Bethlehem Steel Corp. Headquarters Campus and 19 medical office properties leased to Sparks Health System office properties. Sales included Southwestern Bell Call Center and Kohl's Department Store. |
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May 31, 2005
Transaction Highlights May 2005Herrick Company transactions from 2005, included the purchase of the Fibrominn 55 Megawatt Poultry-litter-fired power plant; and the sale of the land remainder interests of 11 Kroger Supermarkets, the Nestles Distribution Center, and the CIBA Geigy Production Facility. |
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September 30, 2004
Transaction Highlights September 2004Herrick Company transactions from 2004, included the purchase of Kohl's Dept. Store, Home Depot Expo Store, and a Southwestern Bell Call Center. Sales included Wal-Mart, U.S. Bank of Washington, and a Niagra Mohawk Facility. |
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May 31, 2001
Transaction Highlights May 2001Herrick Company transactions from 2001, included the sale of 10 Wal-Marts, 5 Circuit Cities, 6 acres of residentially zoned land on Federal Highway, 3 US West buildings, and the Centennial Airport/Conference Center. |
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April 30, 2001
Transaction Highlights April 2001Herrick Company transactions from 2001, included the sale to CarrAmerica of our 4 Class A office towers leased to US West, sale of Quail Oaks Apartments, River Bend Apartments, Borders Book Store, expansion of Wal-Mart in Statesboro, GA and the sale of Wal-Mart in Meadville, PA. |
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February 28, 2001
Transaction Highlights February 2001Herrick Company transactions from 2001, included the purchase of the Mony Headquarters Facility, 39 motel from Accor/Motel 6, Niagara Mohawk Facility, the land remainder of the Ciba Geigy Production Facility and 11 Kroger Supermarkets. |
October 6, 1998
Accor Completes $1.1 Billion Sale Leaseback Program for Motel 6Motel 6 has completed an innovative sale leaseback program for a significant number of its properties. This strategy will free up Motel 6's financial resources, while still retaining management of its properties. – Hotel Online |
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April 1, 1997
Herrick and his Hounds take RHI by StormLike Jerry Jones of the Dallas Cowboys, Jackals owner Norton Herrick does whatever it takes to win. – Roller Hockey |
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September 18, 1996
Day of the JackalOrlando Mayor Glenda Hood gets a good look on Tuesday afternoon at the Murphy Cup — awarded to the Orlando Jackals for their 1996 Roller Hockey International championship — that Jackals owner Norton Herrick brought to Orlando City Hall. – The Orlando Sentinel |
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September 3, 1996
Jackals win championshipOrlando ousted the Anaheim Bullfrogs, 8-4, to take the Roller Hockey International title in the team's first year. – The Orlando Sentinel |
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March 31, 1996
Transaction Highlights March 1996Herrick Company transactions from 1996, included the sale of 10 retail stores leased to K-Mart, corporate headquarters building of El Paso Natural Gas, and 6 acres of land located in downtown Boca Raton. Purchases included River Bend Apartments, Timber Chase Apartments, and the land remainder of Nestles Distribution Center. |
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January 1, 1995
If Money Talks Orlando's Leaders SPeak VolumesReal estate investor Norton Herrick is confident of securing a major-league deal. – Tampa Bay Times |
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September 13, 1994
Orlando City Council Backs Baseball PlanOrlando's aspiring Major League Baseball owners came to town in a white stretch limousine Monday and won the backing of the City Council. – The Orlando Sentinel |
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September 7, 1994
3-Member Team to Head Orlando Baseball QuestMultimillionaire developer Norton Herrick and two key Colorado Rockies financiers were selected Tuesday to head Orlando's quest for major-league baseball. – The Orlando Sentinel |
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June 30, 1994
Transaction Highlights June 1994Herrick Company transactions from 1994, included the purchase from and leaseback to Circuit City of 5 new retail stores, corporate headquarters building of El Paso Natural Gas, and a retail store leased to Borders Book Store. Sales included Cypress Lakes at Boca Rio Apartments and Versailles at Sabal Point Apartments. |
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September 30, 1993
Transaction Highlights September 1993Herrick Company transactions from 1993, included the purchase of 10 new retail stores leased to K-Mart, 10 new retail stores leased to Wal-Mart , 4 Class A office towers leased to a US West Company, an airport terminal facility leased to a US West Company, and a banking facility leased to U.S. Bank of Washington. |
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October 15, 1990
The Erté MarketWhen Norton Herrick, a successful Florida real estate investor, flew to San Francisco in 1986 to buy a movie theater, he happened into the Dyansen Gallery off Ghirardelli Square. Herrick didn't know much about art, but he liked some small sculptures by the Art Deco artist Erté (1892-1990). – Forbes |
