A venture led by FitzWalter Capital Partners has paid $795 million for the distressed $1458 million mortgage against the 304,947-square-foot 700 Sixth St NW office building in Washington,...
Minneapolis/St Paul Business Journal JPMorgan Chase has paid $7615 million, or $9413/sf, for two industrial properties totaling about 809,000 square feet in Owatonna and Ramsey, Minn The banking giant acquired the properties in a sale-leaseback from...
Commercial Real Estate Direct Staff Report Simon Property Group has lined up a $93 million mortgage from Goldman Sachs and Deutsche Bank against its Colorado Mills shopping center in the Denver suburb of Lakewood, Colo The 10-year loan, which...
Piedmont Realty Trust has agreed to sell its Enclave Place office building, with 300,906 square feet in Houston’s Energy Corridor, for $818 million, or $27185/sf JLL has been marketing the 11-story property on behalf of the Atlanta REIT, which...
Commercial Real Estate Direct Staff Report A venture of Lincoln Property Co and Cross Ocean Partners has acquired the 11 million-square-foot Colonnade office complex in the Dallas suburb of Addison, Texas Lincoln, of Dallas, and Cross Ocean, of...
Minneapolis/St Paul Business Journal Centaur Capital Partners has paid $32 million, or $18391/sf, for Cobalt Business Center, a 174,000-square-foot industrial property in Mendota Heights, Minn The Lake Forest, Ill, investor acquired the property, at...
Bisnow A venture of Adkisson Group and PCCP has acquired Northwoods Industrial Park, a 27 million-square-foot industrial complex in northwest Houston Adkisson, of Houston, and PCCP, of Los Angeles, purchased the 64-building property from The Texas...
Austin Business Journal Weidner Apartment Homes bought the 341-unit Solaris apartment property in Austin, Texas, that Brandywine Realty Trust sold last month for $136 million, or $398,827/unit The Kirkland, Wash, multifamily firm financed the...
Simon Property Group has struck a deal to buy the 597,635-square-foot University Village open-air retail center in Seattle The Indianapolis REIT, which hasn’t yet disclosed the price it’s paying, is buying the 19-building property from...
The volume of CMBS loans that are more than 30 days delinquent declined in October by $905 million to $4775 billion The drop was driven by the modification, or reversion back to performing, of a number of very large loans, including a $11 billion...
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