The direct office vacancy rate in the Chicago central business district declined in the second quarter for the first time in 26 quarter, according to Transwestern...
Commercial Real Estate Direct Staff Report An affiliate of Ashley Furniture has paid $339 million, or $16503/sf, for the 205,413-square-foot Bridge Point Tacoma 210 industrial property in Tacoma, Wash The home furnishing company acquired the...
South Florida Business Journal S3 Capital has provided $35 million of financing for the construction of the 162-unit third phase of the Casa Princeton apartment project in Miami Berkadia arranged the two-year, floating-rate loan Aconcagua Developers...
Sym Investments has paid $131 million, or $392,215/unit, for Edison Lofts, a 334-unit apartment property in the New York suburb of West Orange, NJ The Cedarhurst, NY, investor bought the property, at 33 Ashland Ave, from Prism Capital Partners in a...
Fabrinet, which recently purchased the Stadium Place office and research and development property in Santa Clara, Calif, plans to occupy 57% of the 225,000-square-foot complex The Bangkok company is a service provider for the manufacturing of...
Realterm and Starwood Property Trust Inc have partnered to provide a $672 million mortgage against a portfolio of 78 industrial outdoor-storage, or IOS, properties owned by a venture of Stonemont Financial Group and Cerberus Capital Management The...
Commercial Real Estate Direct Staff Report Ramsfield Hospitality Finance and funds managed by AB CarVal have provided $42 million of mortgage financing against the 245-room THesis Hotel Miami in Coral Gables, Fla The property is part of the larger...
Multi-Housing News JB Matteson has paid $723 million, or $251,042/unit, for the 288-unit Vantage at Loveland apartments in Loveland, Colo, about 15 miles south of Fort Collins, Colo The San Francisco investor acquired the property, at 1430 South...
New York Business Journal Terreno Realty has paid $263 million, or $93929/sf, for a 28,000-square-foot industrial building at 659 Court St in Brooklyn, NY The Bellevue, Wash, REIT purchased the property from a company calling itself 659 Court Street...
Commercial Real Estate Direct Staff Report The 561-room Hilton Cincinnati Netherland Plaza hotel has been reappraised at a value of $383 million, nearly three times less than the $1055 million value pegged to the 95-year-old property just six years...
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