The downtown Seattle office sector has overtaken San Francisco as the worst in the country, in terms of vacancy That could pose a risk for CMBS loans that are coming due or have matured and remain...
Commercial Real Estate Direct Staff Report The national industrial sector recorded 2498 million square feet of leasing activity in the first quarter, up 14% from a year ago, putting the sector on track for a record year of leasing, according to CBRE...
A venture of Opus and Principal Asset Management has secured two industrial leases totaling 204,908 square feet at the 169-acre Sun Empire development in Aurora, Colo, about 21 miles east of Denver The two leases, for 146,141 sf and another for...
Atlanta Business Chronicle Pactra USA Inc has fully leased the 691,667-square-foot International Commerce Center in Adairsville, Ga The Duluth, Ga, logistics firm is leasing the industrial property from Welcome Group, a Houston company that acquired...
Atlanta Business Chronicle An affiliate of Heitman Capital Management has paid $733 million, or $44969/sf, for the 163,000-square-foot retail component of the Madison Yards mixed-use development in Atlanta The Chicago company acquired the property...
South Florida Business Journal Miami-Dade County has bought the 68,132-square-foot industrial building at 1800 NW 70th Ave in Miami for $1918 million, or $28144/sf A company managed by Simon Falic of Duty Free Americas sold the property, which was...
Baltimore Business Journal The Maryland Department of General Services plans to lease 144,130 square feet at the 479,000-sf One South Street office building in Baltimore The state agency’s 15-year lease begins next February Terms of the deal...
Philadelphia Business Journal Mission Critical Group has agreed to lease 266,000 square feet at 1600 Delp Drive in Harleysville, Pa The McKinney, Texas, electrical equipment supplier is leasing the industrial property from High Street Logistics...
South Florida Business Journal An affiliate of Reyes Holdings has bought the 440,709-square-foot distribution facility at 441 SW 12th Ave in Deerfield Beach, Fla, for $841 million, or $19083/sf The Rosemont, Ill, company acquired the warehouse from...
Charlotte Business Journal Onward Investors has paid $26 million, or $11523/sf, for the LakePointe 3 and 5 office buildings in Charlotte, NC The Minnetonka, Minn, investor acquired the four-story buildings from Bridge Investment Group of Atlanta,...
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.
