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Home > San Francisco Office Losing Big Tenant, Adding Risk to $682Mln CMBS Loan
Commercial Real Estate Staff Report The vacancy rate for office properties in St Louis increased to 18 percent in the first quarter, its highest level since 2013 when it reached 1793 percent, according to Colliers International The latest rate...
The $328 million Freddie Mac loan against Berkley Commons, a 544-unit apartment property in Indianapolis, has been transferred to special servicing as it allegedly has accumulated unpaid utility bills The loan, which remains current, was moved to...
Hull Property Group, which has acquired a number of troubled regional malls from CMBS trusts in recent years, bought the Westfield Citrus Park Mall in Tampa, Fla As part of its purchase, the Augusta, Ga, company has assumed a $12394 million CMBS...
Commercial Real Estate Direct Staff Report Destiny USA Mall in Syracuse, NY, has had its appraised value slashed by 80 percent from its original value, to $147 million The mall last was re-appraised in January 2021 at a value of $203 million It was...
Rentvcom Becton, Dickinson and Co has agreed to lease 240,000 square feet at Park Point, a 472,000-sf office and research and development property in Milpitas, Calif JLL brokered the lease on behalf of the medical technology company, while Newmark...
Kastle Systems, which tracks actual occupancy at office properties in major markets across the country, reported a slight decrease in occupancy for the week through May 18, to 433 percent The Falls Church, Va, company, which installs security...
The $235 million CMBS loan against the 511,208-square-foot office building at 285 Madison Ave in midtown Manhattan has been transferred to special servicing at the request of the property's owner, RFR Holdings, which is hoping to get the loan's...
Commercial Observer Fora Financial has inked a nine-year lease for 23,500 square feet, encompassing the 15th floor at 1385 Broadway in Manhattan The lender of small business loans will move from 519 Eight Ave, also in Manhattan, where it’s...
Wall Street Journal Amazoncom Inc, perhaps the most active lessee of industrial space in recent years, is said to be looking to vacate at least 10 million square feet of warehouse space it occupies and may want to sublease it The move follows the...
Namdar Realty Group is said to have purchased the Emerald Square Mall in North Attleboro, Mass The Great Neck, NY, investor paid $2917 million for the retail property, which was sold by the two CMBS trusts that had held $9452 million of debt against...
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