Washington, D.C., Office Building Headed to Auction Block

Crain’s New York Business A venture led by Pershing Square Capital Management and the Georgetown Co is offering for sale the 513,638-square-foot office building at 787 11th Ave in Manhattan Cushman & Wakefield has been tapped to market the...

Commercial Real Estate Direct Staff Report Gallery at South Dekalb, a 618,120-square-foot shopping mall in suburban Atlanta, is being offered for sale The property has been encumbered by what originally was $55 million of mortgage debt that was...

Baltimore Business Journal MDH Properties has paid $242 million, or $16388/sf, for two warehouses with a combined 147,672 square feet in the Baltimore suburb of Hunt Valley, Md The Atlanta investor bought the properties from an undisclosed seller...

Bisnow A venture that includes Open Realty Advisors, Hanover Co and Origami Capital Partners plans on breaking ground early next year on the first phase of the massive Rivana at Innovation Station mixed-use complex in Arlington, Va The initial phase...

Commercial Real Estate Direct Staff Report The Anderson Mall in Anderson, SC, has been put up for sale through Newmark’s national mall team A total of 355,198 square feet of the 670,640-sf enclosed mall serve as collateral for a $1622 million...

Commercial Real Estate Direct Staff Report Starwood Capital Group is finalizing the deed-in-lieu of foreclosure transfer of the Rimrock Mall in Billings, Mont, to Wells Fargo Commercial Mortgage Trust, 2013-LC12, which holds a $7277 million loan...

Dallas Morning News Towers at Park Central, a two-building office complex in Dallas, has been brought to the sales market JLL has the listing for the property, with about 850,000 square feet near the southwest corner of LBJ Freeway and North Central...

Bisnow Bank of America has provided $69 million of construction financing against a 198-unit apartment project in Bethesda, Md Washington Property Co, a Bethesda real estate company, is developing the 22-story property and plans to break ground on...

Commercial Observer Opal Holdings has paid $553 million, or $21309/sf, for the CGI Building, a 259,511-square-foot office property in Fairfax, Va The New York investor bought the property from PGIM Real Estate, which had acquired it in 2006 for $687...

Commercial Observer PMC Property Group has secured $155 million of financing against the 331-unit Riverwalk apartment project in Philadelphia New York Community Bank provided the loan, which has a 10-year term and a coupon of less than 3 percent...