The Real Deal GID has paid $31 million, or $9657/sf, for the 321,000-square-foot industrial facility at 3 to 9 Timber Court in Bolingbrook, Ill The Boston investment firm purchased the property from TA Realty, which had acquired it in 2016 for $18...
Commercial Real Estate Direct Staff Report Trez Capital has provided $3146 million of financing for the construction of Hawes Commerce Park, a 10-building industrial property with 153,000 square feet in Mesa, Ariz The developer of the property is...
The Real Deal Marathon Asset Management has taken the 40,542-square-foot office/retail building at 263 West 34th St in midtown Manhattan through foreclosure The New York investment manager had provided $50 million of financing to fund the...
San Antonio Business Journal The buzz is Industrial Commercial Properties LLC is buying the nearly 12 million-square-foot former headquarters of Rackspace Technology in Windcrest, Texas, about 11 miles northeast of downtown San Antonio The Cleveland...
South Florida Business Journal PGIM Real Estate has sold 355 Alhambra, a 222,757-square-foot office building in Coral Gables, Fla, for $90 million, or about $40403/sf The Newark, NJ, company sold the 16-story property to an affiliate of Princeton...
Kansas City Business Journal The Federal Aviation Administration has agreed to lease 80,000 square feet of space at the Lightwell, a 667,222-sf office property in Kansas City, Mo The government transportation agency will take the space in 2025 The...
Commercial Observer Urban Standard Capital has provided $38 million of construction financing for a 76-unit apartment project at 827 Sterling Place in the Crown Heights section of Brooklyn, NY Haussmann Development of New York is developing the...
Commercial Real Estate Direct Staff Report The universe of commercial mortgages outstanding in the United States increased by $377 billion in the second quarter, to $46 trillion, according to the Mortgage Bankers Association The increase was driven...
Portland Business Journal Spear Street Capital has paid $41 million, or $34715/sf, for the 118,104-square-foot Leland James office building in Portland, Ore The San Francisco company purchased the property from ABS Real Estate Investments, which had...
Commercial Real Estate Direct Staff Report Sherwood Real Estate Partners has acquired a 40,000-square-foot airplane hangar at 3507 Jack Northrop Ave at Hawthorne Municipal Airport in the Southern California city of Hawthorne The Santa Monica, Calif,...
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