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...
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...
Washington Business Journal Stockbridge Capital Group has paid $566 million, or $27882/sf, for a 203,000-square-foot industrial property at 8511 Pepco Place in Upper Marlboro, Md, about 12 miles southeast of Washington, DC The San Francisco real...
Washington Business Journal Bozzuto Group has leased nearly 60,000 square feet of office space at 8160 Maple Lawn Blvd in Fulton, Md, for its new corporate headquarters The Greenbelt, Md, developer will occupy more than two floors at the 100,000-sf...
Philadelphia Business Journal American Healthcare REIT has paid $4258 million, or $506,905/unit, for the 84-unit Residence at Bala Cynwyd seniors-housing property in the Philadelphia suburb of Bala Cynwyd, Pa The Irvine, Calif, REIT purchased 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...
Boston Business Journal Jemal Equities has paid $92 million, or $36220/sf, for the 254,000-square-foot office building at 1330 Connecticut Ave NW in Washington, DC The local real estate firm acquired the 10-story building from BXP, a Boston REIT...
Washington Business Journal The US government has paid $285 million, or $41545/sf, for the 686,000-square-foot office campus at 7700 Arlington Blvd in Falls Church, Va The Naval Facilities Engineering Systems Command acquired the property on behalf...
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