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...
New York Post Advance Publications has paid nearly $10 million in back rent for the 11 million square feet of space it leases at One World Trade Center in Manhattan The company, Conde Nast’s parent, had withheld paying rent in January, but...
Commercial Observer My Sales LLC has paid $25 million, or $37879/sf, for the 66,000-square-foot industrial building at 75 Onderdonk Ave in Queens, NY The Edison, NJ, company bought the property from Jason Richard Realty B6 Real Estate Advisors...
New York Post Fried, Frank, Harris, Shriver & Jacobson has renewed its lease for 380,438 square feet at One New York Plaza, a 26 million-sf office building in Manhattan The law firm’s lease was scheduled to expire at the end of February...
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...
Bldup A venture of Rockpoint Group and Post Road Residential has broken ground for a 475-unit apartment property in the Boston suburb of Marlborough, Mass The two-building property will be on Simarano Drive off Interstate 495, about 35 miles west of...
Crain’s New York Business Atlas Hospitality has filed plans to develop a 401-room hotel at 711 Seventh Ave in Manhattan The Albertson, NY, developer expects to break ground on the project in January and complete it in 2025 The site sits between...
Commercial Observer The Carlyle Group has expanded its lease to 194,702 square feet at the 17 million-square-foot One Vanderbilt office building in Manhattan The private-equity company recently signed for 33,924 sf on the 32nd floor of the 67-story...
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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