Camden Property Trust has placed 11 apartment properties with 3,609 units it owns in California on the sales block and expects to generate $15 billion to $2 billion of proceeds It would redeploy most of the proceeds into properties in the...
Commercial Observer A venture of Klosed Properties and Namdar Realty Group has paid $235 million, or $1,054/sf, for the 22,285-square-foot retail property at 446 West 14th St in Manhattan’s Meatpacking District The venture—both Klosed and...
Austin Business Journal Spire Realty Group is offering for sale the two-building Bridgepoint Plaza office complex in Austin, Texas The Dallas company has owned the 177,973-square-foot property since 2017 An asking price is not known, but the...
Bisnow Joyland Management has paid $265 million for a 90% stake in 254 West 35th St in Manhattan’s Garment District, valuing the 106,000-square-foot office building at $2944 million, or $27774/sf The Brooklyn, NY, investor acquired the...
Bloomberg Palantir Technologies Inc is looking to lease additional office space in Manhattan The Denver data-integration company leases about 202,146 sf in Manhattan, including 140,345 sf at 620 Ave of the Americas The above first was reported by...
Commercial Observer GEICO has increased its footprint by 21,000 square feet to 121,000 sf at the 7272 Wisconsin Ave office property in Bethesda, Md The 348,000-sf building is owned by Carr Properties of Washington, DC CBRE represented Geico, while...
Commercial Observer CBRE has provided $96 million of Freddie Mac financing against the 360-unit Prospect Place apartment complex in the northern New Jersey city of Hackensack The two-building property, at 300-310 Prospect Ave, is owned by Khosla...
Commercial Observer JPMorgan Chase Bank has increased its footprint at the 171 million-square-foot 5 Manhattan West office property in Manhattan’s Hudson Yards area by 139,322 sf to 566,549 sf The bank was paying $9283/sf in annualized base...
Bloomberg Silverstein Properties is closer to moving forward with construction of the proposed 28 million-square-foot 2 World Trade Center in Lower Manhattan, and American Express Co is said to be nearing a deal to relocate its headquarters to the...
Crain’s New York Business A venture of Legion Investment Group and EJS Group has lined up $1911 million of financing for the development of a 34-unit residential condominium property at 11 West 13th St in the Greenwich Village section of...
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.
