Commercial Property Executive Newport National Corp has paid $968 million, or $37231/sf, for Hobble Creek Business Park, a three-building industrial property with 260,000 square feet in Springville, Utah, a city that’s 50 miles south of Salt...
TYKO Capital has provided $870 million of financing for the construction of the Four Seasons Private Residences Lake Austin The project is being developed by a venture of Austin Capital Partners and Lincoln Property Co on nearly a mile of Lake...
Commercial Real Estate Direct Staff Report LXP Industrial Trust has paid $103 million, or $17176/sf, for the 599,664-square-foot office complex at 4025, 4035, and 4045 South Riverpoint Parkway in Phoenix The West Palm Beach, Fla, REIT bought the...
REBusiness Online Flaherty & Collins Properties has completed the 219-unit first phase of the Blutowne apartment development in Peoria, Ill The Indianapolis developer broke ground on the project, at 501 West Washington St, in late 2023 Its...
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 Property Executive Lovett Industrial has broken ground on North Park Logistics Center, a 11 million-square-foot industrial property in Glendale, Ariz The Houston developer is building the property at the intersection of Northern Parkway...
For the first time since 2012, no office space is under construction in Chicago, according to Newmark, and only one office property was brought online during the first...
Commercial Real Estate Direct Staff Report Dwight Capital has originated a $114 million loan under the US Department of Housing and Urban Development’s 221(d)(4) program for the conversion of the 435,629-square-foot office property at 100 East...
Commercial Property Executive Titan Development has broken ground on Compark470, a two-building industrial property with 133,133 square feet in Parker, Colo The Albuquerque, NM, developer is building the property at the intersection of Compark...
AZ Big Media US Merchants has paid $6388 million, or $14072/sf, for a 453,960-square-foot building within West Summit at Surprise, a two-building industrial property with 704,472 sf in Surprise, Ariz, a northwestern suburb of Phoenix The Beverly...
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.
