The $415 million CMBS loan against a portfolio of 30 Courtyard by Marriott hotels with 4,379 rooms in 15 states that had been owned by Colony Capital Inc has transferred to special servicing as its maturity has passed To qualify for a term...
Rentvcom AM Castle & Co has agreed to renew its lease at 14001 to 14003 Orange Ave in Paramount, Calif As a result, the provider of metals will fully lease the 282,000-square-foot industrial property for an additional seven years in a deal...
Houston Business Journal Power Electronics USA has agreed to fully lease the Airtex Commerce Center, a 166,250-square-foot industrial property in Houston The US division of the Spanish renewable energy manufacturer is leasing the warehouse, at 431...
Commercial Real Estate Direct Staff Report The $170 million loan against the Augusta Mall in the western part of Georgia has matured and transferred to special servicer CWCapital Asset Management The loan is split into two pieces, with a $110...
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 Real Estate Direct Staff Report Rialto Capital Advisors, which last year had taken title to the Hilton Woodcliff Lake hotel in northern New Jersey, has put the 338-unit property up for sale The property, at 200 Tice Blvd in Woodcliff...
Philadelphia Business Journal Trigild has been named receiver of Philadelphia’s Wanamaker Building, a 954,363-square-foot office property in downtown, or Center City, Philadelphia The historic building, at 100 Penn Square East, which was built...
Dallas Business Journal Bank of America has agreed to lease 238,000 square feet at a 30-story office building that’s being planned for Dallas’ Klyde Warren Park area Once the bank takes its space, the 500,000-square-foot structure will...
Commercial Real Estate Direct Staff Report The $396 million CMBS loan against 100 Westminster, a 361,462-square-foot office building in Providence, RI, has been sent to special servicer Rialto Capital Advisors as it faces its maturity The loan,...
Commercial Real Estate Direct Staff Report InterSystems Corp, which occupies 239,417 square feet, or nearly 59 percent of the 409,422-sf One Memorial Drive office building in Cambridge, Mass, is expected to terminate its lease by July 2025 The data...
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.
