A venture of CA Industrial and Clarion Partners has broken ground on Indy South Logistics Center, a 708,000-square-foot industrial property in Greenwood, Ind CA, of Chicago, and Clarion, of New York, are building the property at 955 North Graham...
Commercial Observer A venture of Morgan Stanley and Meridian Property Co has paid $815 million, or $1,207/sf, for the Beverly Hills Medical Plaza, a 67,510-square-foot medical office property in Beverly Hills, Calif, about 12 miles west of Los...
Dallas Morning News Loloi Rugs has opened a 450,000-square-foot distribution center at 4130 Port Blvd in Dallas The Dallas rugs manufacturer’s new warehouse is part of the Dallas Southport Center industrial property The company, which was...
Hamilton Zanze has lined up $399 million of Freddie Mac financing against Enchanted Springs, a 200-unit apartment property in Colorado Springs, Colo KeyBank Real Estate Capital provided the loan It has a 10-year term and requires only interest...
Opus Group has broken ground on Sanctuary Business Center, a 137,178-square-foot industrial property in Blaine, Minn The Minnetonka, Minn, developer is building the property at the northeast corner of Xylite Street NE and County Road J West, about...
The Real Deal A venture of Monadnock Development, the Sisters of Charity Housing Development Corp and the Master Group is planning to build a 360-unit affordable-housing project in Staten Island, NY The property is being planned for a vacant lot...
The Real Deal Zara Realty has secured $83 million of construction financing for the 223-unit apartment building at 153-10 88th Ave in Queens, NY Emigrant Bank and Arbor Realty Trust provided the debt, which was arranged by JLL Zara, a Queens...
Commercial Observer Harbor Group International has secured $558 million of financing to help fund its $760 million, or $87360/sf, purchase of 51 West 52nd St, an 870,000-square-foot office building in Manhattan Deutsche Bank and Goldman Sachs...
AZ Big Media An affiliate of Sears Financial Corp has broken ground on the Alexander, a 209-unit apartment property in Marana, Ariz The Tucson, Ariz, company is building the property at 3915 West Aerie Drive, about 12 miles northwest of downtown...
Local developers Dirk Erickson and John and Marcia Bouquet have secured $3122 million of financing for the construction of BRYK on Broadway, a 180-unit affordable-housing property in Rochester, Minn NorthMarq arranged the loan, which was provided by...
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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