Commercial Real Estate Direct Staff Report A Principal Financial investment vehicle has paid $156 million for 5217 Village Creek Drive, a former assisted-living facility in Plano, Texas, that’s being converted into an addiction treatment...
Columbus Business First Saxum Real Estate has paid $70 million, or $15045/sf, for the 465,256-square-foot industrial property at 5303 Fisher Road in Columbus, Ohio The Summit, NJ, developer acquired the property from a limited liability company that...
Dallas Business Journal STK Commercial has bought the 114,525-square-foot office building at 6500 Greenville Ave in Dallas The Edmond, Okla, investment firm purchased the seven-story property from Lilium GVP LLC of Addison, Texas, which had owned it...
Triangle Business Journal Solera Senior Living has bought the 138-unit Atria Cary seniors-housing community in Cary, NC, for $6028 million, or $436,812/unit The Denver company purchased the five-story property from Atria Senior Living The property...
Triangle Business Journal Stonelake Capital Partners has paid $195 million, or $14535/sf, for the 134,156-square-foot flex industrial building at 10800 World Trade Blvd in Morrisville, NC The Austin, Texas, investment firm purchased the property...
Jacksonville Daily Record An affiliate of American Landmark Apartments has bought the Vale at Baymeadows, a 276‑unit apartment property in Jacksonville, Fla, for $42 million, or $152,174/unit The Tampa, Fla, company purchased the 14-building...
Commercial Real Estate Direct Staff Report The CMBS loan against the 174 million-square-foot office building at 1515 Broadway in Midtown Manhattan has been further extended through next March, after the building’s owner, a venture led by SL...
South Florida Business Journal A venture of Falcone Group, Rok Acquisitions, Davis Cos, and Jamestown has bought the 300,000 square feet of retail, dining, and entertainment space at the Miami Worldcenter mixed-use complex for $210 million, or...
Bisnow Comstock Holding Cos has paid $402 million, or $21730/sf, for the 185,000-square-foot office building at 2200 Woodland Pointe Ave in Herndon, Va The Reston, Va, investor acquired the property from Union Investment Real Estate GmbH Corp...
Commercial Real Estate Direct Staff Report The $160 million mortgage against the 234 million-square-foot US Steel Tower in Pittsburgh matures in less than two months and is evidently facing challenges getting refinanced The loan is scattered among...
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.
