Commercial Observer Lennar Corp is planning to build the 447-unit Paxton apartment property in McLean, Va The complex, at 1750 Chain Bridge Road, will include a conference room, business and fitness centers, swimming pool, co-working space and...
Charlotte Business Journal Crescent Communities has sold Ally Charlotte Center, a 750,000-square-foot office building in Charlotte, NC, for $390 million, or $520/sf The Charlotte developer, which finished work on the 26-story property earlier this...
Atlanta Business Chronicle Cousins Properties Inc has bought 725 Ponce, a 12-story mixed-use building along Atlanta’s Beltline Eastside Trail for $3002 million, or about $806/sf The Atlanta REIT bought the property, with about 372,457 square...
Atlanta Business Chronicle The 763-room Sheraton Atlanta Hotel has been brought to the sales market Arden Group owns the property, which sits on five acres at 165 Courtland St NE The Philadelphia real estate fund manager has hired JLL to market the...
South Florida Business Journal A company managed by Hannah Park 2020 Management Trust has bought Northlake Corporate Park, a 75,056-square-foot office property in Palm Beach Gardens, Fla, for $116 million, or about $15455/sf The Totowa, NJ, company...
South Florida Business Journal Rental Asset Management has bought the 84-unit Village at Boca East Apartments in Boca Raton, Fla, for $20 million, or about $238,095/unit The Fort Lauderdale, Fla, company bought the property, on 67 acres at 1551-1601...
South Florida Business Journal Renaissance Properties has sold Aventura Corporate Center, a 525,442-square-foot office property in South Florida The New York company sold the three-building complex to an affiliate of Stonecutter Capital Management...
Minneapolis/St Paul Business Journal A venture of Endeavor Development and Calibogue Capital has broken ground on Zachary Distribution Center, a 172,224-square-foot industrial property in Maple Grove, Minn Endeavor, of Edina, Minn, and Calibogue, of...
A venture led by Brandywine Realty Trust has lined up $1867 million of construction financing against the Schuylkill Yards West mixed-use project in Philadelphia The loan matures in July 2025 and pays a floating rate that results in a 375 percent...
Phoenix Business Journal Hines is planning 250 Rio, a 190,000-square-foot office building in Tempe, Ariz The Houston developer plans to build the property on a two-acre site at the corner of Ash Ave and Rio Salado Parkway, about 10 miles east of...
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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