The Real Deal Silicon Valley Bank has agreed to lease 60,000 square feet of office space at 222 Second St in San Francisco The bank will be vacating the 83,000 sf it leases at 505 Howard St, also in San Francisco Silicon Valley Bank is taking the...
Pacific Retail Capital Partners has acquired the Shops at Palm Desert, a 977,888-square-foot enclosed shopping center in Palm Desert, Calif, in the state's Coachella Valley area The acquisition involves the Los Angeles company's assumption of the...
Monroe News-Star The Pecanland Mall in Monroe, La, is losing one of its largest tenants as Cinemark movie theater recently announced it’s vacating the 23,170 square feet it occupies when its lease expires at the end of the year The movie...
The $8673 million loan against the 543-room Hilton San Francisco Financial District hotel has transferred to special servicing as its collateral continues to underperform and its maturity...
Denver Energy Center, a two-building office property with 770,583 square feet in Denver's Uptown area, failed to sell recently, which could very well make it a drag on the CMBS deal that had held a $9722 million loan against it The offering marks...
Commercial Real Estate Direct Staff Report The owner of a portfolio of five West Texas office buildings has plans to turn the properties over to its lender That’s according to a TreppWire report this morning, which cited comments from the...
Commercial Real Estate Direct Staff Report The Nashua Mall in Nashua, NH, has continued to suffer from occupancy declines, impacting its ability to refinance its $37 million mortgage, which matured earlier this month The 311,313-square-foot retail...
Commercial Real Estate Direct Staff Report The Wanamaker Building, a historic property with 954,363 square feet of office space in downtown, or Center City, Philadelphia, has had its appraised value slashed by 71 percent, to $524 million The latest...
Commercial Real Estate Direct Staff Report The $8588 million CMBS loan against the Fashion Outlets of Niagara Falls has formally transferred to special servicer Midland Loan Services as it’s expected to default at its maturity next month The...
Commercial Real Estate Direct Staff Report The $12362 million CMBS loan against 750 Lexington Ave in midtown Manhattan once again has transferred to special servicer LNR Partners It marks the third time in two years the loan has transferred This...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
