Brookfield Corp's GGP Services operation has refinanced the Natick Mall, but at a cost It had to pony up fresh equity and is facing a substantially higher coupon than the modified loan that has been...
LA Business First Overton Moore Properties has paid $585 million, or $23579/sf, for the 248,100-square-foot industrial property at 14555 Alondra Blvd in La Mirada, Calif The Torrance, Calif, real estate developer bought the property from Brookfield...
Silicon Valley Business Journal SFF Realty Partners has paid $82 million, or about $197/sf, for The Almaden, a three-building office complex in downtown San Jose, Calif The San Francisco investment firm acquired the property from KBS of Newport...
Publix Super Markets Inc, which operates 1,432 grocery stores, now owns 550 properties, most of which are shopping centers that include its stores Last year, the grocery chain generated $322 million of lease...
Multi-Housing News Thompson Thrift has broken ground on the Highline, a 300-unit apartment property in Nampa, Idaho The Indianapolis developer is building the property at 16761 North Idaho Center Blvd, about 17 miles east of Boise, Idaho Highline...
Crain’s Chicago Business S&C Electric has agreed to lease a 295,000-square-foot building at the Logistics Campus, a 32 million-sf industrial development in the Chicago suburb of Glenview, Ill The Chicago power-equipment manufacturer is...
Commercial Observer Sony Group is in talks to anchor the proposed 126 million-square-foot 99 Hudson Blvd property that Tishman Speyer is planning for Manhattan’s Hudson Yards area The electronics company currently occupies 578,791 sf at the...
Commercial Real Estate Direct Staff Report A Wisconsin court judge has approved the sale of the Southridge Mall in Greendale, Wis As previously reported, the property, owned by Simon Property Group, would be sold by its receiver, Spinoso Real Estate...
Multi-Housing News Affinius Capital has provided a $948 million loan for the construction of Zev Corvallis, a 262-unit student-housing property near Oregon State University in Corvallis, Ore The 13-story property, at 516 SW Fourth St, is being...
Puget Sound Business Journal Bank OZK has provided $725 million for the development of the Brizo, a 239-unit apartment property in downtown Bellevue, Wash The loan was provided on behalf of the developer, SRM Development of Spokane, Wash, which is...
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