Charlotte Business Journal Crescent Communities has sold Ally Charlotte Center, a 750,000-square-foot office building in Charlotte, NC, for $390 million, or $520/sf The Charlotte developer, which finished work on the 26-story property earlier this...
Atlanta Business Chronicle Cousins Properties Inc has bought 725 Ponce, a 12-story mixed-use building along Atlanta’s Beltline Eastside Trail for $3002 million, or about $806/sf The Atlanta REIT bought the property, with about 372,457 square...
Atlanta Business Chronicle The 763-room Sheraton Atlanta Hotel has been brought to the sales market Arden Group owns the property, which sits on five acres at 165 Courtland St NE The Philadelphia real estate fund manager has hired JLL to market the...
South Florida Business Journal A company managed by Hannah Park 2020 Management Trust has bought Northlake Corporate Park, a 75,056-square-foot office property in Palm Beach Gardens, Fla, for $116 million, or about $15455/sf The Totowa, NJ, company...
South Florida Business Journal Rental Asset Management has bought the 84-unit Village at Boca East Apartments in Boca Raton, Fla, for $20 million, or about $238,095/unit The Fort Lauderdale, Fla, company bought the property, on 67 acres at 1551-1601...
South Florida Business Journal Renaissance Properties has sold Aventura Corporate Center, a 525,442-square-foot office property in South Florida The New York company sold the three-building complex to an affiliate of Stonecutter Capital Management...
New York Post Advance Publications has paid nearly $10 million in back rent for the 11 million square feet of space it leases at One World Trade Center in Manhattan The company, Conde Nast’s parent, had withheld paying rent in January, but...
New York Post Fried, Frank, Harris, Shriver & Jacobson has renewed its lease for 380,438 square feet at One New York Plaza, a 26 million-sf office building in Manhattan The law firm’s lease was scheduled to expire at the end of February...
Commercial Property Executive MLILY has agreed to fully lease G303, a 13 million-square-foot industrial property that is under construction in Glendale, Ariz The Knoxville, Tenn, mattress manufacturer was represented in the lease by Colliers...
Commercial Observer The Carlyle Group has expanded its lease to 194,702 square feet at the 17 million-square-foot One Vanderbilt office building in Manhattan The private-equity company recently signed for 33,924 sf on the 32nd floor of the 67-story...
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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