Commercial Real Estate Direct Staff Report Lenders of all stripes are bullish They’ve got plenty of capital to lend and property owners have accepted the fact that interest rates will remain higher than what became the norm until late 2022 But...
Washington Business Journal A venture of Hoffman & Associates, Snell Properties, and Mitsui Fudosan America Inc has lined up $195 million of construction financing to build 4600 Fairfax, a 420-unit apartment project in Arlington, Va The...
Washington Business Journal An affiliate of Broadshore Capital Partners has put One Union Center, a 190,200‑square‑foot office building in Washington, DC, on the sales market JLL has the listing for the 11‑story property, at 810 First St NE,...
Commercial Real Estate Direct Staff Report Weak demand for space from biotechnology companies helped contribute to a drop in the occupancy rate of Alexandria Real Estate Equities Inc’s portfolio to 877% in the first quarter from 917% a year...
Pittsburgh Business Times An affiliate of Roadside Development has paid $1523 million, or $9120/sf, for the Galleria of Mt Lebanon, a multi‑level retail property totaling a little more than 167,000 square feet in the Pittsburgh suburb of Mt...
Baltimore Business Journal Amazon Data Services has paid $152 million, or $13694/sf, for the 111,000-square-foot Stone Manor office building in Owings Mills, Md, a suburb of Baltimore The tech giant purchased the building from T Rowe Price Group,...
A venture of Tejon Ranch Co and Dedeaux Properties is breaking ground soon on Tejon Ranch Commerce Center, a 510,385-square-foot industrial property in Lebec, Calif Tejon, of Tejon Ranch, Calif, and Dedeaux, of Santa Monica, Calif, are building the...
Commercial Real Estate Direct Staff Report Only 3,854 apartment units were delivered in Phoenix during the first quarter, marking the lowest quarterly volume in more than four years and a 20% drop from the fourth quarter, according to Cushman &...
Philadelphia Business Journal Cornerstone Cos has paid $1725 million, or $27490/sf, for the 62,750‑square‑foot Stone Manor Medical Office Building in the Philadelphia suburb of Warrington, Pa The Indianapolis healthcare real estate investor...
Philadelphia Business Journal DRA Advisors has paid $58 million, or $322,222/unit, for The Flats at Lansdale, a 180‑unit apartment property in the Philadelphia suburb of Lansdale, Pa The New York investment firm purchased the six-building property...
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.
