Baltimore Business Journal CareFirst has agreed to extend its lease for 215,000 square feet of office space at Canton Tower, a 481,000-sf office property in Baltimore The health insurance company will continue to occupy seven floors of the property,...
Crain’s New York Business Watermark Lodging Trust plans to sell its Holiday Inn Manhattan Sixth Avenue Hotel, with the hope that a buyer would assume a $7072 million securitized loan against the 226-room property Watermark’s plans were...
Baltimore Business Journal A venture of Duball LLC, Daiwa House Group and Lenkin Co will break ground in the second quarter on St Elmo, a 276-unit apartment property in Bethesda, Md Eagle Bank provided $8555 million of financing for the 22-story...
Washington Business Journal Petroleum Marketing Group Inc has paid $735 million, or $31277/sf, for Leesburg Plaza, a 235,000-square-foot retail center in Leesburg, Va The Falls Church, Va, company purchased the property from an affiliate of Federal...
San Antonio Business Journal Newmark Group Inc is marketing for sale Frost Tower, a 457,404-square-foot office building in downtown San Antonio A limited partnership affiliated with Western Urban of San Antonio owns the property, which sits on...
Washington Business Journal Starwood Capital Group has paid $1885 million, or $61201/sf, for the 308,000-square-foot office property at 1400 Crystal Drive in Arlington, Va, about three miles from Washington, DC The Miami investment manager purchased...
Crain’s Chicago Business KBS Growth & Income REIT Inc is planning to bring to the sales market a pair of nearby office properties totaling 173,405 square feet in Chicago The Newport Beach, Calif, REIT wants to sell the properties as part...
Baltimore Business Journal An affiliate of Realty Income Corp has paid $765 million, or $10190/sf, for Broadlands Business Park, a 756,000-square-foot industrial property in Elkton, Md The San Diego REIT purchased the property from Mid-Atlantic...
Washington Business Journal Korean investment manager Hana Asset Management Co, advised by Ocean West Capital Partners, has placed the 605,897-square-foot Two Independence Square office building in Washington, DC, on the sales block The company,...
Washington Business Journal Lincoln Property Co has paid $82 million, or $30037/sf, for the 273,000-square-foot office building at 1125 15th St in Washington, DC The Dallas company purchased the property from SC Herman & Associates, which had...
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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