Charlotte Business Journal Ferncroft Capital has purchased a 403,000-square-foot warehouse at 13005 Sam Neely Road in Charlotte, NC, for $956 million, or $23722/sf The local investor acquired the industrial property in the city’s Steele Creek...
Commercial Observer Empire State Realty Trust Inc has paid $46 million, or $2,149/sf, for the 21,400 square feet of commercial space at 127 Kent Ave in the Williamsburg section of Brooklyn, NY The New York REIT acquired the space from Joyland Group...
Crain’s Chicago Business FPA Multifamily has paid $23 million, or $184,000/unit, for the 125-unit Park City Apartments in Oak Park, Ill The San Francisco investment manager acquired the property, at 675 Lake St, from Intercontinental Real...
Austin Business Journal Stockbridge has acquired the 271,689-square-foot New Hope industrial campus in Cedar Park, Texas The San Francisco investor purchased the three-building property from a venture of Riverside Resources, Live Oak Group, and...
Austin Business Journal A venture led by Aquila Commercial and PacVentures has acquired The Campus at Arboretum, a 318,782-square-foot office complex in Austin, Texas Aquila, a locally based company, and PacVentures, of San Diego, did not disclose...
Orlando Business Journal An affiliate of Nuveen Real Estate has bought the Crossings at Viera, a 190,000-square-foot shopping center in Rockledge, Fla, for $46 million, or $24211/sf The New York company purchased the property from SJC Ventures of...
A total of 42 domestic, private-label CMBS deals with a balance of $3274 billion were issued during the first quarter, marking the second busiest first quarter since just before the Global Financial...
Commercial Real Estate Direct Staff Report MF1 Capital has provided $54 million of financing against the 262-unit Opal apartment property in the Salt Lake City suburb of West Valley City, Utah The loan was arranged by JLL Capital Markets on behalf...
Commercial Observer Ladder Capital has provided a $295 million loan against the 176,000-square-foot office property at 260 West 29th St in Midtown Manhattan Arrow Real Estate Advisors arranged the financing New York Community Bank provided $55...
Commercial Observer JPMorgan Chase Bank has provided a $765 million loan against the 1,102-unit apartment property at 625 Fulton St in downtown Brooklyn, NY The loan, arranged by Galaxy Capital, allowed the property’s developer and owner,...
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.
