CBL & Associates Properties Inc is in talks to turn its Parkdale Mall and Crossing retail properties in Beaumont, Texas, over to its CMBS lender, which holds a $4755 million loan against them...
Commercial Real Estate Direct Staff Report The $13598 million CMBS loan against the Poughkeepsie Galleria shopping mall in suburban New York has once again transferred to special servicing It marks the second time the loan has been in special...
Boston Business Journal Advocates has signed a lease for 95,000 square feet of office space at 251 Locke Drive in Marlborough, Mass, about 31 miles west of downtown Boston The human services nonprofit will house its headquarters at the three-story...
The Real Deal Law firm Baker McKenzie has expanded its footprint at 10 Bryant Park in Midtown Manhattan by 16,000 square feet to 122,000 sf, giving it just more than 14% of the 865,000-square-foot office building’s total space The law firm was...
Atlanta Business Chronicle Google has agreed to fully lease a more than 1 million-square-foot industrial property at 6720 Oakley Industrial Blvd in the Atlanta suburb of Union City, Ga The tech giant is leasing the facility from Majestic Realty...
San Antonio Business Journal Fortress Investment Group has taken through foreclosure a portfolio of four office buildings with about 415,000 square feet in San Antonio The New York investor took the properties after placing a credit bid of $145...
Simon Property Group addressed three-quarters of its 2026 lease maturities during the first three months of this year at mid-single digit leasing spreads Meanwhile, store sales increased by nearly 12% Other public mall owners also reported healthy...
Vedder has agreed to extend its office lease for 163,000 square feet at 222 North LaSalle St in Chicago through 2041 The law firm has been housing its headquarters at the 1 million-sf property since 1988 Henry Crown & Co of Chicago owns the...
Commercial Real Estate Direct Staff Report The Hagerstown Premium Outlets retail property in the Maryland panhandle has had its appraised value reduced for the fourth time since its CMBS loan got into hot water in 2020 The 484,994-square-foot retail...
Commercial Real Estate Direct Staff Report The Heinz 57 Center office and retail building in downtown Pittsburgh has been reappraised at a value of only $198 million The 14-story building was constructed in 1913 at 339-357 6th Ave as a Kaufmann...
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.
