Commercial Real Estate Direct Staff Report CBRE has originated $623 million of Freddie Mac financing against the 428-unit Estates at New Albany apartment property in Columbus, Ohio The loan allowed the property’s owner, the Connor Group of...
Commercial Observer Home Depot has renewed its lease for 120,000 square feet at 28-40 West 23rd St in Manhattan The lease is for 15 years Williams Equities owns the property, which sits between Fifth and Sixth avenues In October, Home Depot agreed...
Worcester Business Journal Finard Properties plans to demolish the 308,863-square-foot Greendale Mall in Worcester, Mass, and replace it with a 121,000-sf warehouse The buzz is Amazoncom Inc may fully lease the single-story industrial property, but...
Boston Business Journal King Street Properties plans to build a 700,000-square-foot life-sciences complex in the Boston suburb of Devens, Mass The Boston developer is constructing the five-building property on a 45-acre site on Jackson Road The...
Houston Business Journal Dunavant Distribution Group has agreed to lease a 784,000-square-foot industrial building in the Bay Area Business Park near the Port of Houston The building that the Memphis, Tenn, logistics company is leasing is at 10629...
CMBS delinquencies inched lower again last month, to $441 billion from $448 billion in October, according to Trepp LLC The November tally amounts to 818 percent of the $5397 billion universe tracked by Trepp and compares with the 828 percent...
Dallas Business Journal Oatey Co has agreed to fully lease a 104,907-square-foot warehouse at 2800 Rental Car Drive in Irving, Texas The Cleveland manufacturer of plumbing supplies is leasing the recently built industrial property from its...
Dallas CityBizList Greystone has provided $229 million of financing under the US Department of Housing and Urban Development’s 223(a)(7) program against Carriage Homes on the Lake, a 147-unit multifamily property in the Dallas suburb of...
United Overseas Bank has provided $150 million of financing against the 592-room Fairmont San Francisco hotel The five-year loan was arranged by JLL Capital Markets The 114-year-old property, at 950 Mason St, is owned by Mirae Asset Global...
Crain’s New York Business Vornado Realty Trust has filed lawsuits against two tenants at a pair of its Manhattan office buildings, alleging they have not paid their rent The New York REIT sued Retailing Enterprises, which occupies space at...
