Bloomberg Spear Street Capital has agreed to pay about $280 million, or $29661/sf, for US Bank Center, a 944,000-square-foot office property in Seattle The San Francisco investor would be acquiring the property from Blackstone, which bought it in...
Commercial Real Estate Direct Staff Report Nationwide has provided $335 million of mortgage financing against the 178,454-square-foot industrial property at 15959 Piuma Ave in Cerritos, Calif, about 16 miles south of Los Angeles JLL Capital Markets...
Several sizable shopping mall loans became delinquent last month, increasing the overall volume of CMBS loans that were classified as being more than 30 days late by 144%, or $646 million, to $4567 billion, according to Trepp...
Crain’s Chicago Business Realty Income has paid $1765 million, or $26032/sf, for two industrial properties totaling 678,000 square feet at 3101 Protection Parkway and 2501 Sanders Road in Glenview, Ill The San Diego REIT acquired the buildings...
Commercial Real Estate Direct Staff Report A venture of Machine Investment Group, Miramar Capital, and Axonic Capital has paid $135 million, or $10385/sf, for the 13 million-square-foot Hub@202 industrial property in Mesa, Ariz The venture purchased...
South Florida Business Journal A company managed by local real estate agent Shibu Scaria has paid $179 million, or $87,317/bed, for the Residences at Pompano Beach assisted-living facility in Pompano Beach, Fla Grand Court W Propco LLC, which is led...
Knighthead Funding has provided $65 million of mortgage financing against the 96-room Marram Montauk boutique resort hotel on the easternmost tip of the south fork peninsula of Long Island, NY The oceanfront property, at 21 Oceanview Terrace, is...
SL Green Realty Corp has agreed to sell the 392,954-square-foot office building at 10 East 53rd St in Midtown Manhattan for $3122 million, or $795/sf, to Meadow Partners The 37-story building includes 38,657 sf of retail space Its office space was...
Charlotte Business Journal Pressley Park, a 120,492-square-foot industrial complex in Charlotte, NC, has traded for $127 million, or $10540/sf A venture of Alta Peak Capital and Cedar Square, both of Charlotte, purchased the property from a New...
Washington Business Journal BXP Inc has agreed to sell the leasehold interest in Sumner Square, a 210,000-square-foot office building in Washington, DC, for $63 million, or $30000/sf The pending buyer was not disclosed The three-building property...
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