Kansas City Business Journal Black & Veatch, a global engineering firm, has agreed to lease 78,000 square feet of office space at the 327 million-square-foot Aspiria office campus in Overland Park, Kan The property is owned by Occidental...
Tishman Speyer has negotiated the one-year extension of the $485 million mortgage against 300 Park Ave, a 771,643-square-foot office building in midtown Manhattan The loan, securitized through COMM, 2013-300P, now matures in August 2024 But its...
The Real Deal Bank of America’s investment management arm has paid $555 million, or $8538/sf, for the I-88 Gateway Logistics Center, a 650,000-square-foot industrial property in North Aurora, Ill The Charlotte, NC, company purchased the...
Mercury Casualty Co has sold the 127,000-square-foot office property at 11000 Eucalyptus St in Rancho Cucamonga, Calif, for $2225 million, or $17520/sf The Los Angeles company was represented in the deal by Kennedy Wilson Brokerage The buyer was not...
Commercial Real Estate Direct Staff Report KKR Real Estate Partners Americas III has completed the purchase of two recently constructed industrial properties with a total of 2 million square feet in the Phoenix and Atlanta areas for a combined $250...
Lenders that hold $940 million of mortgage debt against 95 apartment properties with 2,452 units in San Francisco have hired Eastdil Secured to market it for sale, according to a report in The Real Deal A big chunk of the financing – $60256...
Commercial Real Estate Direct Staff Report Arbor Realty Trust has provided $785 million of financing against the Village at Pioneer Park, a 322-unit apartment property in Peoria, Ariz The financing was arranged by Tower Capital and allows the owner...
The volume of CMBS office loans classified as being more than 30 days late skyrocketed by nearly 45 percent last month to $675 billion, propelling the overall volume of delinquency to $2237 billion, or 363 percent of the CMBS universe tracked by...
Commercial Property Executive Madison Capital Group has paid $260 million, or $45157/sf, for Seagate Campus, a 575,775-square-foot research and development property in Fremont, Calif The Charlotte, NC, investment and development firm purchased the...
Commercial Real Estate Direct Staff Report Ramsfield Hospitality Finance and AB CarVal, which had provided a mezzanine loan against the dual-branded Crowne Plaza and Staybridge Suites in Atlanta’s midtown area, have taken over the property The...
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.
