Phoenix Business Journal LaPour is planning to convert the 351,600-square-foot Arizona Center office building in downtown Phoenix into a 340-room JW Marriott hotel The 19-story building at 400 East Van Buren St is less than a block from the Phoenix...
Commercial Real Estate Direct Staff Report National office rents were up 95% during the 12 months through June, according to the Columbia CompStak Rent Index, a recently launched index that tracks net-effective rents at similar-quality properties...
An affiliate of Acadia Realty Trust has committed to provide $75 million of mortgage financing to fund the $56 million, or $46830/sf, purchase of the 119,584-square-foot Whitestone Shopping Center in the Whitestone section of Queens, NY, and the...
The volume of CMBS loans in special servicing last month was just about unchanged from June at $668 billion But as the universe of CMBS grew by more than 1%, the special servicing rate actually declined, to 1109% in July from 112% the preceding...
Artificial intelligence companies were seeking 1682 million square feet of office space across the country during the 12 months through May, according to leasing software company VTS That demand volume is 85% greater than a year...
Puget Sound Business Journal Ares Management has paid $55 million, or $22277/sf, for Tacoma Central Logistics, a 248,000-square-foot industrial property in Tacoma, Wash The Los Angeles investor acquired the property, at 1950 State St, from its...
Denver Business Journal Stonemont Financial Group and PCCP have paid $117 million, or $18253/sf, for North Central Logistics Center, a three-building industrial property with 641,000 square feet in Denver The property is just one of the 38 that the...
Tampa Bay Business Journal A joint venture led by Broad Creek Capital has paid $67 million, or $212,698/unit, for The Crossings at Palm Aire, a 315-unit apartment complex in Sarasota, Fla The Washington, DC, investment firm teamed with Hillridge...
Multi-Housing News Bridge Investment Group has paid $501 million, or $278,333/unit, for the 180-unit River Ridge apartments in Tualatin, Ore, about 13 miles southwest of downtown Portland, Ore The Salt Lake City investor acquired the property from...
Atlanta Business Chronicle An affiliate of Saratoga Capital Partners has paid $984 million, or $292,857/unit, for Generation Atlanta, a 336-unit apartment community in Atlanta The New York private equity firm acquired the property at a recent...
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