Commercial Property Executive VAC Development has started work on converting the 100,000-square-foot office property at 2500-2550 Paseo Verde Parkway into an open-air retail, dining and entertainment center in Henderson, Nev The Las Vegas developer...
New York Business Journal Morgan, Lewis & Bockius has leased 205,000 square feet of office space at 1251 Avenue of the Americas in Midtown Manhattan The Philadelphia law firm is relocating from 101 Park Ave, also in Manhattan, where it had...
Commercial Real Estate Direct Staff Report The vacancy rate for Phoenix’s largest warehouses, those so-called “bulk warehouses” that measure more than 300,000 square feet each, has declined to 58%, a dramatic turnaround from the...
Tampa Bay Business Journal PTM Partners has lined up $125 million of construction financing for Edge Collective II, a 330-unit apartment project in St Petersburg, Fla An affiliate of GID provided the three-year, floating-rate loan, which was...
Davis Cos, which recently formed a dedicated credit platform, has provided $44 million of financing to fund the conversion of the 94,851-square-foot office building at 31 Milk St in Boston into residential use The 11-story building, between Hawley...
Boston Business Journal Tourbineau Real Estate Partners has paid $25 million, or $29070/sf, for an 86,000-square-foot office building at 955 Massachusetts Ave in Cambridge, Mass The Seattle real estate firm purchased the property from...
Galway Cos has broken ground on the 357-unit Greenline apartment property at 1709 West Broadway in the Madison, Wis, suburb of Monona, Wis The property will have studio, one-, and two-bedroom units, and will include a fitness center, sauna, cold...
New York Business Journal A venture of L&L Infinite Real Estate Partners, Mack Real Estate Group, BLDG, and BD Blakely has paid $245 million, or $42609/sf, for 600 Third Ave, a 575,000-square-foot office building in Midtown Manhattan The venture...
Commercial Real Estate Direct Staff Report The rapid expansion of the data-center sector is increasingly reshaping all aspects of the industrial real estate market, including leasing and competition for development sites Last year,...
Assouline-Busch Capital, which is redeveloping the former Red South Beach hotel in Miami Beach, has lined up $89 million of financing for the effort The family office, formed by the Assouline book-publishing family, and the Busch family of...
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