CBL & Associates Properties Inc is in talks to turn its Parkdale Mall and Crossing retail properties in Beaumont, Texas, over to its CMBS lender, which holds a $4755 million loan against them...
Washington Business Journal KBS REIT III is offering for sale 3001 and 3003 Washington Blvd, a pair of office buildings totaling 305,890 square feet in Arlington, Va The Newport Beach, Calif, REIT has tapped Newmark to market the buildings, about...
Commercial Real Estate Direct Staff Report The $13598 million CMBS loan against the Poughkeepsie Galleria shopping mall in suburban New York has once again transferred to special servicing It marks the second time the loan has been in special...
Philadelphia Business Journal A venture of Finmarc Management and KPR Centers is offering for sale Providence Town Center, a 760,000‑square‑foot shopping center in Collegeville, Pa CBRE has the listing for the retail property, which sits on an...
Nashville Business Journal Cushman & Wakefield has been tapped to market for sale the Radius Building, a 265,000‑square‑foot office property in Nashville, Tenn Rubicon Equities owns the 10-story building at 601 11th Ave North in the...
Dallas Business Journal An affiliate of Malouf Interests Inc has listed the 330,000‑square‑foot Lake Highlands Tower in Dallas for sale The Dallas real estate investment and development firm has tapped Younger Partners to market the 15‑story...
Commercial Real Estate Direct Staff Report The Hagerstown Premium Outlets retail property in the Maryland panhandle has had its appraised value reduced for the fourth time since its CMBS loan got into hot water in 2020 The 484,994-square-foot retail...
Commercial Real Estate Direct Staff Report The Heinz 57 Center office and retail building in downtown Pittsburgh has been reappraised at a value of only $198 million The 14-story building was constructed in 1913 at 339-357 6th Ave as a Kaufmann...
The Santa Monica, Calif, mall owner still has $300 million to $400 million of properties to get rid of before completing its Path Forward plan, an effort designed to reduce its overall leverage level and leave it with a portfolio of 31...
Washington Business Journal An affiliate of Office Properties Income Trust is offering for sale Union Center Plaza 5, a 253,164‑square‑foot office building near Union Station in Washington, DC The Newton, Mass, REIT has tapped JLL to market the...
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