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Home > Macerich Pays Down Loan on Philly’s Fashion District, Takes Control of Property
Commercial Real Estate Direct Staff Report Top 10 Properties has paid $218 million, or $23260/sf, for Pinnacle Peak Commerce Center, a 93,725-square-foot industrial property in Phoenix The Gilbert, Ariz, company purchased the property from an...
AZ Big Media EQT Exeter has paid $601 million, or $9363/sf, for I-10 Gateway, a 641,906-square-foot industrial property in Buckeye, Ariz The Radnor, Pa, REIT purchased the property from its developer, BET Investments, in a deal brokered by Cushman...
Most apartment properties in Miami, Phoenix and Las Vegas that were financed with short-term loans in 2021 and 2022 are generating cash flows that are below underwritten levels In fact, 76 of the 86 loans against properties in those cities are...
REBusiness Online GID has bought the 299,000-square-foot Beltway Northwest industrial property in Houston Details about the seller and purchase price were not disclosed Beltway Northwest consists of five buildings at 4500 North Sam Houston Parkway...
Orlando Business Journal An affiliate of Duvalla Investments has bought The Fulcrum, a 127,632-square-foot office building in downtown Orlando, Fla, for $9 million, or about $7052/sf The Maitland, Fla, company purchased the property from a venture...
The Real Deal Izek Shomof has paid $205 million, or $9535/sf, for the 215,000-square-foot office property at 617 West 7th St in Los Angeles The local developer purchased the property from Swig Co, which had acquired it in 2011 for $388 million The...
Argentic Investment Management has provided a $29 million bridge loan against Mi-Place at Brightmoor, a 312-unit apartment property in Sicklerville, NJ CBRE arranged the three-year loan on behalf of the owner, Fernmoor Homes of Jackson, NJ The...
Jacksonville Business Journal Argentic Investment Management has taken control of the Wells Fargo Center, a 653,919-square-foot office building in downtown Jacksonville, Fla The New York company also took a nine-level parking garage at 1 West Bay St...
South Florida Business Journal An affiliate of JDS Development Group has bought 888 Brickell St, a 115,000-square-foot office building in Miami’s Brickell Financial District, for $6123 million, or about $53243/sf The New York developer...
The Real Deal Consus Asset Management is said to have backed out from buying the 1 million-square-foot office tower at 777 South Figueroa St in Los Angeles The South Korean investment firm reportedly was paying $145 million, or $145/sf, for the...
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© 2023 Commercial Real Estate Direct All rights reserved..
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