Terreno Realty Corp has paid $3375 million, or $26633/sf, for the 126,721-square-foot Parmac Industrial Park in Kirkland, Wash The San Francisco company purchased the complex from an investment group that had owned it for 30 years Marcus &...
Commercial Real Estate Direct Staff Report Walker & Dunlop has originated $32 million of Fannie Mae financing to help fund Raia Capital Management’s acquisition of Azola West Palm Beach, a 179-unit apartment property in West Palm Beach,...
Commercial Observer Rubenstein Mortgage Capital has provided $42 million of financing against the 206,000-square-foot office building at 1801 L St NW in Washington, DC The loan allowed the property’s owner, a group of families in the...
Commercial Observer MetLife Investment Management has provided $805 million of financing against the 338-unit Solaire 8250 apartment property in Silver Spring, Md, about six miles from Washington, DC Washington Property Co will use the 10-year,...
Investcorp has acquired the 536,051-square-foot Tempe Commerce Park in Tempe, Ariz, for $8535 million, or $15922/sf The New York investment manager bought the property from BKM Capital Partners of Newport Beach, Calif, which had purchased it in...
Ladder Capital Corp, which like other mortgage REITs was hammered by the coronavirus pandemic, prompting it to sharply reduce its lending activity, has started lending once again The company has nearly $300 million of fixed- and floating-rate loans...
Real Estate NJ Benderson Development has paid $164 million, or $12741/sf, for the 128,715-square-foot retail property at 60 Orange St in Bloomfield, NJ The University Park, Fla, company bought the building from Acadia Realty Trust, a White Plains,...
Charlotte Business Journal INDUS Realty Trust Inc has filed plans to build a 141,260-square-foot industrial building in Charlotte, NC The developer, formerly known as Griffin Industrial Realty Inc, is planning to build the property on more than 40...
Orlando Business Journal Young Pine Business Park LLLP has proposed developing a 147,900-square-foot office and industrial project near the Orlando International Airport The Coral Springs, Fla, developer, led by David Lasser, bought the proposed...
Triad Business Journal A venture of Commercial Realty Advisors and Clarendon Properties has started work on a 102-room Fairfield Inn & Suites by Marriott hotel in Whitsett, NC, about 14 miles east of Greensboro, NC The property is being built...
