South Florida Business Journal Publix Super Markets has paid $8325 million, or $40661/sf, for Airpark Plaza, a 204,740-square-foot shopping center in Miami The Lakeland, Fla, grocery chain acquired the retail property from an affiliate of First...
Washington Business Journal Stockbridge Capital Group has paid $566 million, or $27882/sf, for a 203,000-square-foot industrial property at 8511 Pepco Place in Upper Marlboro, Md, about 12 miles southeast of Washington, DC The San Francisco real...
The modification of the $425 million mortgage against the 119 million-square-foot JACX office complex atop the Queens Plaza commuter hub in Queens, NY, has been completed, with its term extended by at least three years to September...
JLL Income Property Trust has paid $9025 million, or nearly $228/sf, for the 396,375-square-foot Worcester Distribution Center in the Boston suburb of Boylston, Mass The Chicago REIT, whose shares do not trade on any exchange, bought the four-year...
Park Hotels & Resorts Inc has paid off the $1275 billion CMBS loan against the 2,860-room Hilton Hawaiian Village Waikiki Beach Resort in Honolulu The Tysons, Va, REIT funded the payoff by drawing against two credit facilities It drew $600...
Underwriters led by JPMorgan Securities are preparing to launch a massive single-borrower CMBS transaction that would allow for the refinancing of a $177 billion debt package against the 178 million-square-foot office building at 245 Park Ave in...
Morgan Stanley Real Estate Investing has paid $841 million, or $44384/sf, for 601 McCarthy, a 189,481-square-foot research and development property in the Silicon Valley city of Milpitas, Calif The New York investment manager acquired the property,...
Denver Business Journal Pauls Corp has paid $5725 million, or $17043/sf, for Regency Plaza, a 335,908-square-foot office property in Denver The local investor, which had previously owned the property in the 1990s, acquired it from Granite...
Philadelphia Business Journal American Healthcare REIT has paid $4258 million, or $506,905/unit, for the 84-unit Residence at Bala Cynwyd seniors-housing property in the Philadelphia suburb of Bala Cynwyd, Pa The Irvine, Calif, REIT purchased the...
Commercial Real Estate Direct Staff Report BAM Capital has paid $5778 million, or $172,994/unit, for the 334-unit Marling at Town Creek apartment complex in the Wilmington, NC, suburb of Leland, NC The Indianapolis investment manager, an affiliate...
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.
