FoxRock Properties has paid $435 million for the 76,698-square-foot office and retail building at 176 Federal St in Boston The Quincy, Mass, company bought the property from Charter Capital Management Inc of Boston in a deal brokered by Newmark...
Greystar Real Estate Partners has broken ground on a 233-unit apartment property at 166 North Aberdeen St in Chicago’s Fulton Market neighborhood The property will have studio, one-, two- and three-bedroom units and include a swimming pool,...
Baltimore Business Journal MDH Properties has paid $242 million, or $16388/sf, for two warehouses with a combined 147,672 square feet in the Baltimore suburb of Hunt Valley, Md The Atlanta investor bought the properties from an undisclosed seller...
Bisnow A venture that includes Open Realty Advisors, Hanover Co and Origami Capital Partners plans on breaking ground early next year on the first phase of the massive Rivana at Innovation Station mixed-use complex in Arlington, Va The initial phase...
KKR & Co has acquired a portfolio of 48 select- and limited-service hotels with 6,402 rooms in a deal that included the assumption of what had been a troubled $780 million CMBS loan The loan is securitized through Credit Suisse Commercial Mortgage...
Intercontinental Real Estate Corp has paid $114 million, or $77551/sf, for Denver Logistics Center, a 147,000-square-foot industrial property in Denver The Boston investment manager purchased the property from a venture of Karis Capital and AEW...
IRA Capital has paid $153 million, or $1,492/sf, for the Post, a 102,500-square-foot office property in Beverly Hills, Calif The Irvine, Calif, investment manager purchased the property from a venture of Worthe Real Estate Group and Invesco Real...
Commercial Real Estate Direct Staff Report A group of lenders led by Wells Fargo Bank and Deutsche Bank has provided $450 million of financing against the 1 million-square-foot Americas Tower office building in Manhattan The loan allowed the...
Houston Business Journal Group RMC has bought 5718 Westheimer Road, a 491,092-square-foot office building in Houston’s Galleria area JLL Capital Markets brokered the deal for the seller, which was not identified The purchase price was not...
Dallas Business Journal Construction is expected to start by the end of the year on Mesquite 365, a 550,000-square-foot industrial project in the Dallas suburb of Mesquite, Texas City Council recently approved a deal for the development of the $60...
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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