Commercial Real Estate Direct Staff Report Schnitzer Properties has paid $7828 million, or $20129/sf, for Warner Commerce Center, a 388,897-square-foot industrial property in the Phoenix suburb of Gilbert, Ariz The Portland, Ore, developer acquired...
Dwight Capital has provided $67 million of financing under the US Department of Housing and Urban Development’s 223(f) program for the 311-unit Emerald Bay apartment property in the Miami suburb of Hialeah, Fla The loan allows the...
Commercial Real Estate Direct Staff Report An affiliate of Invesco Real Estate has paid $898 million, or $19944/unit, for the 450,260-square-foot Fairway Commerce Center industrial property in the Phoenix suburb of Avondale, Ariz The Atlanta...
Commercial Real Estate Direct Staff Report The venture that owns the 283-unit Cove at Tiburon apartment property in the San Francisco Bay town of Tiburon, Calif, has negotiated an extension of its $210 million loan, taking its maturity through...
The Real Deal Avdoo & Partners Development has paid $63 million for the 12,500-square-foot development site at 68 King St in the Hudson Square area of lower Manhattan The New York developer, led by Shlomi Avdoo, funded its purchase with a $40...
The 487,022-square-foot office property at 401 South State St in Chicago has been sold for $42 million, or less than $9/sf, resulting in more than a complete loss to the $424 million CMBS loan against it...
Multi-Housing News Prudential Financial has originated $502 million of financing against Thayne Brighton, a 288-unit apartment property in Brighton, Colo, a city that’s 25 miles north of Denver The loan matures in 2031 and allows the owner of...
Charlotte Business Journal IDI Logistics has bought the Huntersville 77 Logistics Center, a 197,206-square-foot industrial building in Huntersville, NC, for $276 million, or $13996/sf The Atlanta company purchased the property from its developer,...
Phoenix Business Journal Lam Research Corp has paid $4577 million, or $31002/sf, for the 147,638-square-foot office building at 25700 North Norterra Parkway in Phoenix The wafer fabrication equipment company acquired the property from JDM Partners,...
Dallas Business Journal Albanese Cormier Holdings has purchased the 243,000-square-foot Shops at Legacy North in the Dallas suburb of Plano, Texas, for $78 million, or $32099/sf The Beaumont, Texas, company purchased the retail complex from CTO...
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