Sold: One Pacific Place ($29m)

West Omaha, Sarpy and Nebraska metro counties.

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Coyote
City Council
Posts: 34366
Joined: Tue Nov 18, 2003 11:18 am
Location: Aksarben Village

Sold: One Pacific Place ($29m)

Post by Coyote »

One Pacific Place sale an apparent record for large office buildings
Omaha World Herald wrote:The One Pacific Place office building, considered one of Omaha's trophy properties because of features that were ahead of its time, has sold for what appears to be a record price per square foot for a large office building.

The Lionstone Group, a Houston real estate investment firm, closed Thursday on the purchase, paying $29 million to Glenborough Realty Trust, a San Mateo, Calif., real estate investment trust that had owned the eight-story building at 1125 S. 103rd St. since 1998.

The price is lower than the $36.3 million paid this year for One Valmont Plaza at 13815 FNB Parkway, but calculated per square foot, Valmont Plaza's $207 a square foot is less than the $226 paid for One Pacific Place.
"The acquisition of One Pacific Place by this type of sophisticated institutional buyer is a strong statement about the perceived long-term value of the property, the attractiveness of the One Pacific Place development as a whole and, obviously, of Omaha."
NDizona
Library Board
Posts: 384
Joined: Wed Sep 20, 2006 1:25 pm

Sold: One Pacific Place ($29m)

Post by NDizona »

Thank goodness for the search feature -
Does the world herald have a premium feature where I can get there articles that have been deleted.
jtshaw
New to the Neighborhood
Posts: 19
Joined: Fri Dec 07, 2007 3:57 am
Location: Bennington

Sold: One Pacific Place ($29m)

Post by jtshaw »

If you have an Omaha Public Library card you can sit at home and search the Omaha World Herald as far back as 1983 by searching the ProQuest Newsstand database.

Point your Internet browser to http://www.omahapubliclibrary.org, click the Research tab at the top of their homepage, and click into the Research Databases. Scroll down the list of databases on the left and click the Home Access link to Proquest Newsstand. You need a library card, because the barcode number on the front serves to authenticate your eligibility to search the database on a computer outside the library branches. ProQuest Newsstand is a commercial database, and it is governed by OPL's account license with ProQuest, so it is not freely accessible via the general Internet.

Once you are connected, click into the Advanced search template and enter Omaha World Herald in the first box. Set the box to "Publication title," and then enter keywords in the other box(es). This approach will target only the Omaha World Herald among the 200 or so newspapers included in the database.

ProQuest Newsstand is not an image database, rather it retrieves the texts of articles without accompanying photographs or other graphics. The 1983 cutoff is an artifact of when the Omaha World Herald converted to computerized typesetting and began to accumulate files that can be processed for online access.
NDizona
Library Board
Posts: 384
Joined: Wed Sep 20, 2006 1:25 pm

Sold: One Pacific Place ($29m)

Post by NDizona »

I havent had a library card in my life - but if this works like you say and I can search for strings like "downtown condo" and it will retrieve all the articles about that - I will owe you HUGE time.

is that how it works? or do I have to actually know the paper to look for?
jtshaw
New to the Neighborhood
Posts: 19
Joined: Fri Dec 07, 2007 3:57 am
Location: Bennington

Sold: One Pacific Place ($29m)

Post by jtshaw »

If you enter a word(s) or phrase(s) without specifying any date(s), they will be searched against the entire database back to 1983. The database is huge, so it is often a good idea to set the date filter for a particular range of years or months.

I just entered your search without any qualifications as:

condo* and downtown

and retrieved a list of 213 articles. The asterisk (*) after "condo" is a wildcard that retrieved articles with the words "condo," "condos," "condominium," or "condominiums." I used the word "and" to specify that I wanted both words, but they did not have to appear next to each other in the article. You can bind phrases with quotation marks when you want to see the words only as phrases.

You can click into the "search tips" to see more options for structuring searches. You can be very precise or more generic according to what you want to accomplish.
NDizona
Library Board
Posts: 384
Joined: Wed Sep 20, 2006 1:25 pm

Sold: One Pacific Place ($29m)

Post by NDizona »

I can't believe that I am going to get myself a library card :)

If this works like I hope it does - your name will be a celebrated one in my house.