Commercial Property Executive An affiliate of Lincoln Property Co will break ground soon for I-10 International, a four-building industrial property with 986,600 square feet in Tucson, Ariz The Dallas developer is building the $260 million project...
Crain’s Chicago Business Swedish retailer H&M is vacating the 60,000 square feet of space it occupies at the 87,000-sf retail property at 840 North Michigan Ave along Chicago’s Magnificent Mile shopping district The retailer was in talks...
PCCP LLC has provided $508 million of mortgage financing for the construction of Henley Place, a 178-unit apartment building in the Portland, Ore, suburb of Milwaukie, Ore The six-story building is being developed by Pahlisch Commercial of Bend,...
Parkview Financial has provided $225 million of financing against the 140,000-square-foot office building at 2225 3rd Ave North in Birmingham, Ala The loan is designed to allow the property’s owner, EPT Holdings LLC, an investor group...
REBusiness Online Trends International Inc, a manufacturer of stationery products, has renewed its 180,000-square-foot lease at 5110 West 74th St in Indianapolis for an additional seven years The Metuchen, NJ, company was represented by Avison...
Commercial Real Estate Direct Staff Report Median monthly rents for apartments in Manhattan increased in May by 252 percent from last year to $4,000, a record level, according to brokerage Douglas Elliman Net effective average monthly rents,...
San Fernando Valley Business Journal A group of investors led by GNC Properties and Western Prime Holdings has paid $245 million, or $61454/sf, for the Mayhew Plaza Shopping Center, a 39,867-sqaure-foot retail center in Woodland Hills, Calif The...
AZ Big Media An affiliate of SmartStop Self Storage has paid $255 million, or $16970/sf, for the 150,260-square-foot self-storage property at 12220 East Riggs Road in Chandler, Ariz The Ladera Ranch, Calif, company purchased the property from an...
Illinois News Seefried Properties has broken ground for O’Hare Logistics, an 80,053-square-foot industrial property in Mount Prospect, Ill The Atlanta developer is building the property at 2240 South Busse Road, about 22 miles west of Chicago It...
Associated Bank and Old National Bank each has provided $325 million of financing for the construction of Carbon 31, a 403-unit apartment property in Bloomington, Minn The property, at 8100 31st Ave S, about 11 miles south of Minneapolis, is being...
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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