Omaha daily bee., 1915-03-07
BIG DEALS IN REAL ESTATE
New Buildings Planned and Much
Property Changes Hands During
the Last Week or So.
wATTLEs INVESTS IN FARM

The last week was by no means the
nlowest week on record In Omaha real es-
tate circles whe none surveys the tran
saotions that came 20 light IN that period,
and the building proposals made public
during the week
Last Sunday the public learned that the
Officers Of the Masonic fraternity had
decided to build an eight-story Masonic
Temple at Sixteenth street and Capitol
avenue. where the present quarters are
located.
Then came the sale Of the First Pres
byterian church property at Seventeenth
and Dodge streets to Arthur d. Bran
deis. who will pull down the church and
build a garage for the housing u the de-
livery cars OF the Brandeis stores. The
church trustees had decided long since on
a location further west IN the city and
had decided TO build n big church there.
This sale was a $1,000 deal.
New Home for University Club.
The directors Of the University club
bought the Independent Telephone COM
pany building at Twentieth and Harvey
streets The building was abandoned a
little over two years ago. when the In
dependent company sold at receiver =
sale to the Nebraska Telephone company.
The building is a substantial brick struc-
ture, with a handsome outside appear
ance az we'll as with GOOD inside finish.
The Nebraska Telephone company offered
II TO the University club for $1,000 he
directors Of the club called a meeting OF
members at once, and tho offer was &c.
cepted. ana members subscribed $4,000 at
once for the purchase OF the building.
Following this came the announcement
that the southwest CORNER Of Thirty
sixth ard Farnam streets had been cold
through the agency Of c. A. Grimmel. The
consideration was S25,jOo. The property
belonged to the Kountzes Of New York
City. While II IL not yet announced just
what is 70 be built there nor who bought
the property, IL IL assured that some
thing substantial In the way. Of IN i'm
provefnent will shortly be announced.
Now comes the announcement OF the
sale through the Byron Reed company
of the Barclay White farm OF 900 acres.
adjoining Ralston on the cast. This
was purchased by q. w. wattles, presi-
dent Of the Omaha and Council Bluffs
Street Railway company, MS an invest
ment. This was a deal that involved
s4l ,s8 Mr.. watties has rented the place
20 a farmer on an adjoining farm.
Plans for an ArmOry.
Announcement is made by CAPTAIN II.
X weidenfield OF the Nebraska National
Guard that plans are under way FOR the
erection Of new armory for the hous'
ing OF the National Guard troops in
Omaha. Several sites have been offered.
It Is said. and plans are under way so
that Il only remains TO get a suitable To-
cation
II Ia proposed TO make the payment for
The building on an instaiment plan out
OF the annual appropriation provided by
the state for the militia.
The Hotel Castle Is TO open March %
for business. This Is the handsome
structure that has beer going up for
nearly year at sixteenth and Jones
streets.
The Grain Exchange during the week
made the announcement thai James
Black & Co OF ST. Louis are CLOSING tn,
contract to build the new exchange build
ing and that this Ia to be completed by
New Years. l9lG