Commercial Real Estate Direct Staff Report The $132 million CMBS loan against the 537,046-square-foot Millennium Corporate Park in suburban Seattle has had its maturity extended by three years through January 2029 But to win the modification, the...
Despite the 396 million square feet of negative absorption recorded during the first quarter, the worst might be over for the national office...
A venture of Seefried Industrial Properties and Clarion Partners is planning to break ground this summer on a 264,880-square-foot industrial property on a recently acquired 15-acre development site at 4950 West 1100 South in Salt Lake City The...
The Real Deal Lone Star Funds has taken ownership of 600 California St in San Francisco, after a foreclosure auction last week generated no bids on the 359,883-square-foot office building The Dallas private equity firm paid $1306 million for the...
Commercial Observer Law firm McDermott Will & Schulte is in talks to lease about 150,000 square feet at the 930,000-sf 343 Madison Ave office building that BXP Inc is developing in Midtown Manhattan The Boston REIT is being represented by CBRE,...
Tenants' preference for space in the newest buildings, a phenomenon that's become notable in the office sector, is now taking place in the industrial property...
Charlotte Business Journal The buzz is Sumitomo Mitsui Banking Corp is nearing a deal for 200,000 square feet of office space at 301 South College, a 994,000-sf property in downtown Charlotte, NC The Tokyo-based financial services company would be...
Puget Sound Business Journal Northwestern Mutual has provided $53 million of financing against the 167-unit apartment property at 110 Roy St in Seattle The five-year loan was arranged by Cushman & Wakefield on behalf of the property’s...
Sacramento Business Journal Pacific Housing has paid $5065 million, or $222,149/unit, for Savannah at Southport, a 228-unit apartment property in West Sacramento, Calif The local nonprofit acquired the property, at 3401 Savannah Lane, from Alliant...
Sacramento Business Journal Interstate Equities Corp has paid $428 million, or $301,408/unit, for two neighboring apartment properties with 142 units in Davis, Calif, about 20 miles west of Sacramento, Calif The Los Altos, Calif, real estate...
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.
