Commercial Real Estate Direct Staff Report The average asking rent for ground-floor retail space in Manhattan was $618/sf in the first quarter, down 134 percent from a year earlier, according to CBRE That was a 51 percent decrease from the fourth...
Charlotte Business Journal Amazoncom Inc is developing three industrial properties totaling more than 4 million square feet in the Charlotte, NC, area The online retail giant last week announced that it operate a pair of delivery stations in...
Atlanta Business Chronicle Windsor Stevens Holdings is planning to build a 128-unit residential project in Atlanta The property is slated for a one-acre development site on Lindsay Avenue, just off Donald Lee Hollowell Parkway and near the Bankhead...
South Florida Business Journal The development arm of the Urban League of Greater Miami has proposed building a 12-story apartment project in the city’s Wynwood Arts District The project is being planned for a vacant development site at 2901...
South Florida Business Journal Landmark Cos has paid $402 million, or about $211,579/unit, for the Coral Falls Apartments, a 190-unit complex in Coral Springs, Fla The Keasbey, NJ, company purchased the complex, which sits on 126 acres at 2801 NW...
Mission Peak Capital, a real estate investment and advisory shop that was founded during the depths of the Global Financial Crisis, has acquired a stake in the US operation of Mount Street Group, with plans to substantially increase its mortgage...
Three large mall loans in a 2012 CMBS transaction recently have been hit with significant appraisal reduction amounts, a harbinger that the deal, UBS-Barclays Commercial Mortgage Trust, 2012-C2, could eventually suffer substantial losses The loans...
Triangle Business Journal TA Realty has paid $120 million, or about $276,498/unit, for Allister at North Hills, a 434-unit apartment property in Raleigh, NC The Boston company purchased the property, on 142 acres at 430 Allister Drive, from an...
South Florida Business Journal Merrimac Ventures has proposed developing a pair of residential buildings with a total of 716 units in Fort Lauderdale, Fla The city’s Development Review Committee is considering the proposal tomorrow The...
South Florida Business Journal The Estate Cos is redeveloping a vacant hotel in Hialeah, Fla, into a 251-unit apartment project The developer has lined up $2945 million of financing for the redevelopment Centennial Bank has provided a $2245 million...
