News Archive for 2000

November 24, 2000

Building Sale Sign of Strength


Houston Business Journal
“Last week, a prime Galleria area office building changed hands in one of the biggest sales of the year, representing Houston’s continued strength as an attractive real estate investment market. American Ventures Realty Corp. purchased Three Riverway, a 21-story 395,637 square-foot multitenant office building.” The acquisition is the first in Houston for American [...]

Sale of the Month


Houston Business Journal
American Ventures’ recent $50 million purchase of the Three Riverway “not only tops Houston’s most recent sales, but ranks as one of the biggest sales of 2000…” Philip Blumberg, CEO of American Ventures, indicated that “market research led the company to eye Houston as a strong and diversified market.” The acquisition marks American [...]

June 2, 2000

Blumberg Addresses Greater Miami Chamber of Commerce


Greater Miami Chamber of Commerce
“Today I stand not in front of 50 leaders, but 1000 leaders and doers in the community.” CEO of American Ventures, Philip Blumberg, addresses the Greater Miami Chamber of Commerce for the first time as Chairman. Mr. Blumberg speaks of setting challenging goals for the business community, the importance of business [...]

March 3, 2000

Real Estate Out of the Box


Real Estate Forum
As the Internet continues to permeate American society, real estate investment firms should take note that in-building broadband can provide significant value for tenants. According to Vice President of American Ventures, Jude Williams, “The speed you can get is phenomenal but the commitment isn’t cheap.” Full story (PDF,1748KB).