Commercial Real Estate Direct Staff Report The Destiny USA mall in Syracuse, NY, has been appraised at a value of only $203 million, down from the $710 million pegged to it in 2014, when $430 million of CMBS debt was provided against it The property...
Commercial Real Estate Direct Staff Report A venture of One Real Estate Investment and MLG Capital has paid $363 million, or $117,097/unit, for the 310-unit Kelston Apartments in Charlotte, NC It bought the property from Emma Capital Investments Inc...
REBusiness Online Toda America has paid $347 million, or $28869/sf for the 120,199 square-foot Hites Plaza office property at 5601 Arnold Road in Dublin, Calif The San Francisco investor acquired the property from an undisclosed seller in a deal...
San Francisco Business Times Harvest Properties has paid $165 million, or $96437/sf for the 171,096 square-foot office building at 360 Spear St in San Francisco The Oakland, Calif, investor acquired the property from a venture of Madison Capital and...
Dallas Business Journal A venture of Cawley Partners and Balfour Pacific Capital has bought Westpoint I, a 150,000-square-foot office building in the Dallas suburb of Irving, Texas HighBrook Investors sold the property and was represented in the...
Sacramento Business Journal Exan Capital has paid $5634 million, or $38855/sf, for the 145,000-square-foot warehouse building at 7601 Foothills Blvd in Roseville, Calif, a suburb of Sacramento, Calif The Miami investment manager acquired the...
Commercial Real Estate Direct Staff Report The 600-room Marriott Houston Westchase, which backs a troubled $699 million CMBS loan, has been appraised at a value of only $475 million The property’s loan is the only remaining asset in Bear...
Southwestern Property Corp has lined up a $344 million construction loan through the US Department of Housing and Urban Development’s 221(d)(4) program for the construction of the 180-unit Aspen Hills Apartments in Commerce City, Colo...
San Diego Business Journal Stos Partners has paid $164 million, or $7225/sf for the 227,000-square-foot industrial building at 10300 West Buckeye Road in Tolleson, Ariz, which is 13 miles west of downtown Phoenix The Encinitas, Calif, investor...
Puget Sound Business Journal Charlie’s Produce has paid $726 million, or $23019/sf, for the 315,392-square-foot South Seattle Distribution Center in Seattle The Seattle produce supplier acquired the industrial property from LaSalle Investment...
