Commercial Real Estate Direct Staff Report The vacancy rate for Phoenix’s largest warehouses, those so-called “bulk warehouses” that measure more than 300,000 square feet each, has declined to 58%, a dramatic turnaround from the...
Tampa Bay Business Journal PTM Partners has lined up $125 million of construction financing for Edge Collective II, a 330-unit apartment project in St Petersburg, Fla An affiliate of GID provided the three-year, floating-rate loan, which was...
Davis Cos, which recently formed a dedicated credit platform, has provided $44 million of financing to fund the conversion of the 94,851-square-foot office building at 31 Milk St in Boston into residential use The 11-story building, between Hawley...
Boston Business Journal Tourbineau Real Estate Partners has paid $25 million, or $29070/sf, for an 86,000-square-foot office building at 955 Massachusetts Ave in Cambridge, Mass The Seattle real estate firm purchased the property from...
Galway Cos has broken ground on the 357-unit Greenline apartment property at 1709 West Broadway in the Madison, Wis, suburb of Monona, Wis The property will have studio, one-, and two-bedroom units, and will include a fitness center, sauna, cold...
New York Business Journal A venture of L&L Infinite Real Estate Partners, Mack Real Estate Group, BLDG, and BD Blakely has paid $245 million, or $42609/sf, for 600 Third Ave, a 575,000-square-foot office building in Midtown Manhattan The venture...
Commercial Real Estate Direct Staff Report The rapid expansion of the data-center sector is increasingly reshaping all aspects of the industrial real estate market, including leasing and competition for development sites Last year,...
Assouline-Busch Capital, which is redeveloping the former Red South Beach hotel in Miami Beach, has lined up $89 million of financing for the effort The family office, formed by the Assouline book-publishing family, and the Busch family of...
Denver Business Journal A development group comprised of Silver Point Development, Alcorn Construction, and Walker & Dunlop Investment Partners have broken ground on AirPark 36, a 122,000-square-foot industrial property in Broomfield, Colo...
An Infrascale Systems venture has secured $116 million of commercial property assessed clean energy, or C-PACE, financing for the conversion of a vacant 113,406-square-foot industrial property at 6001 West Campus Circle Drive in Irving, Texas, into...
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.
