ConnectCRE Work is underway on a 323,750-square-foot warehouse at 50 Robert Milligan Parkway in Merrimack, NH Trammell Crow Co and Diamond Realty Investments are building the industrial property on a 43-acre parcel, with completion expected in the...
Real Estate Weekly Bristol Group is nearing completion of the 178,124-square-foot warehouse it’s building in the Long Island, NY, town of Commack, NY The industrial project, at 49 Mall Drive, is expected to be completed in June It will have...
Commercial Observer Lalezarian Properties has paid $335 million, or $34045/sf, for 650 First Ave, a seven-story office building at the corner of 37th Street in Manhattan’s Murray Hill neighborhood, with plans to convert it into apartments The...
Philadelphia Business Journal The $2737 million CMBS loan against a portfolio of four Club Quarters hotels with a total of 1,228 rooms has defaulted and is headed toward foreclosure The loan is securitized through BX Trust, 2017-CQHP, and is senior...
Commercial Real Estate Direct Staff Report Freddie Mac has provided $40 million of financing to facilitate MG Properties’ purchase of the Artesia, a 192-unit apartment property in Everett, Wash The San Diego investment manager purchased the...
The Real Deal The RXR Realty venture that owns the 786,985-sf office building at 61 Broadway in lower Manhattan has defaulted on its $325 million of financing Lenders led by Aareal Bank, which hold the loan, are slated to offer it for sale in the...
REBusiness Online The redevelopment of a portion of the Mildred C Hailey Apartments in Boston’s Jackson Square area has gotten underway The Community Builders of Boston and the Boston Housing Authority will result in the replacement of 253...
AZ Big Media Cohen Asset Management has paid $817 million, or $13628/sf, for the 599,489-square-foot initial phase of Falcon Park 303 in Glendale, Ariz The Los Angeles investor purchased the industrial property from its developer, US Capital...
Crain’s New York Business New York City is close to sewing up a deal in which Vornado Realty Trust would build a 200,000-square-foot film and television studio on Pier 94, near 54th street in Manhattan At the same time, the New York REIT is...
Commercial Real Estate Direct Staff Report TriGate Capital has bought the Shops at Wiregrass, a 760,379-square-foot retail property in Wesley Chapel, Fla, for $705 million, or about $9272/sf The Dallas real estate investor financed its purchased in...
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