FoxRock Properties has paid $435 million for the 76,698-square-foot office and retail building at 176 Federal St in Boston The Quincy, Mass, company bought the property from Charter Capital Management Inc of Boston in a deal brokered by Newmark...
Greystar Real Estate Partners has broken ground on a 233-unit apartment property at 166 North Aberdeen St in Chicago’s Fulton Market neighborhood The property will have studio, one-, two- and three-bedroom units and include a swimming pool,...
Baltimore Business Journal MDH Properties has paid $242 million, or $16388/sf, for two warehouses with a combined 147,672 square feet in the Baltimore suburb of Hunt Valley, Md The Atlanta investor bought the properties from an undisclosed seller...
KKR & Co has acquired a portfolio of 48 select- and limited-service hotels with 6,402 rooms in a deal that included the assumption of what had been a troubled $780 million CMBS loan The loan is securitized through Credit Suisse Commercial Mortgage...
Intercontinental Real Estate Corp has paid $114 million, or $77551/sf, for Denver Logistics Center, a 147,000-square-foot industrial property in Denver The Boston investment manager purchased the property from a venture of Karis Capital and AEW...
IRA Capital has paid $153 million, or $1,492/sf, for the Post, a 102,500-square-foot office property in Beverly Hills, Calif The Irvine, Calif, investment manager purchased the property from a venture of Worthe Real Estate Group and Invesco Real...
Houston Business Journal Group RMC has bought 5718 Westheimer Road, a 491,092-square-foot office building in Houston’s Galleria area JLL Capital Markets brokered the deal for the seller, which was not identified The purchase price was not...
Terreno Realty Corp has paid $44 million, or $1,419/sf, for a 31,000-square-foot industrial building on a six-acre parcel across from Newark Liberty International Airport and near Port Newark in Elizabeth, NJ The San Francisco REIT, with a portfolio...
Commercial Real Estate Direct Staff Report Prices for commercial properties continued their skyward trajectory, climbing another 224 percent in September, putting them 1244 percent higher on the year so far and 1614 percent greater than they were a...
Crain’s Chicago Business RT Specialty has agreed to lease 83,228 square feet of office space at 540 West Madison St in Chicago The insurance agency will more than double the size of its previous lease, for 38,000 sf at the nearby 500 West...
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.
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