Charlotte Business Journal Edgewater Ventures and Stockbridge Capital Group have paid $135 million, or about $8832/sf, for a 152,852-square-foot industrial building in Charlotte, NC The Boy Scouts of America sold the property, at 2109 Westinghouse...
South Florida Business Journal An affiliate of Rockpoint Group has sold 1221 Brickell, a 656,821-square-foot office building in Miami for $2865 million, or about $43619/sf A company managed by Randall Davis of Palm Beach, Fla, was the buyer The...
San Antonio Business Journal Ground is breaking this fall on Prose New Braunfels, a 378-unit apartment property in New Braunfels, Texas Alliance Residential Co of Scottsdale, Ariz, is developing the 14-building project on a 35-acre at 216 South...
Multi-Housing News A venture of MRP Realty and Barings has lined up $694 million of financing for the third phase of the Washington Gateway mixed-use complex in Washington, DC Santander Bank provided the loan, which was arranged by Eastdil Secured...
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...
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...
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 Staff Report Hines has acquired South Temple Tower, a 217,000-square-foot office property in Salt Lake City While the purchase price could not yet be learned, Salt Lake County had estimated its value at $539 million The...
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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