Phoenix Independent GO Industrial has broken ground a 11 million square foot industrial property at 9797 West Buckeye Road in Tolleson, Ariz, about 14 miles west of Phoenix The property will have 40-foot clear heights and office space Cushman &...
Boston Business Journal Regency Centers has bought Cornerstone at Westford, a 236,000-square-foot retail center in Westford, Mass, for $74 million, or $31356/sf The Jacksonville, Fla, retail REIT purchased the property from its developer, RAVentures...
Multi-Housing News Commonwealth Development Partners has started work on an office-to-apartment conversion project at 500 North Michigan Ave in Chicago The Greenwich, Conn, development firm is turning the 400,000-square-foot property into 320 units...
The Real Deal Eurostars Hotel Co has paid $95 million, or $887,85050/room, for the 107-room Chemists’ Club Hotel at 52 East 41st St in midtown Manhattan The Barcelona company bought the property from Azora, which also is based in Spain, in a...
Commercial Real Estate Direct Staff Report Emory Healthcare’s decision earlier this month to expand its footprint at Northlake Mall in the Atlanta suburb of Tucker, Ga, has shined a light on the growing trend of medical and healthcare tenants...
Bloomberg Brookfield and NextEra Energy are planning a $100 billion data center at the former Paducah Gaseous Diffusion Plant in Paducah, Ky The Department of Energy selected Brookfield to lease, develop and operate the data center campus, while...
A total of 208,072 apartment units were absorbed during the first half of the year, while 167,734 units were delivered If demand continues to outpace supply this year, it would be the first time in five years that that's...
Minneapolis/St Paul Business Journal Faegre Drinker Biddle & Reath has agreed to renew its 175,000-square-foot lease at Wells Fargo Center, a 12 million-sf office property in Minneapolis The law firm leases floors 20 through 27 in the 57-story...
Boston Business Journal Equus Capital Partners has bought the two-building Centech Park North industrial property in Shrewsbury, Mass, for $751 million, or $25027/sf The Newtown Square, Pa, investment manager acquired the 300,075-square-foot...
Conditions in the national office market continue to stabilize, with certain gateway areas in full recovery mode New York is one of them SL Green Realty Corp, for instance, reported leasing spreads at replacement leases of 18% during the latest...
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.
