Commercial Real Estate Direct Staff Report Plymouth Corporate Center, a 628,436-square-foot office property in the Minneapolis suburb of Plymouth, Minn, has been reappraised at a value of $453 million The latest appraisal, which was highlighted this...
A significant slug of securitized mortgages backed by hotels in the Austin, Texas, metropolitan statistical area could face refinancing challenges, as 39 loans with a total balance of $68558 million have debt yields less than 9%, according to data...
InvenTrust Properties has paid $34 million, or $20118/sf, for New Garden Crossing, a 169,000-square-foot retail property in Greensboro, NC The Downers Grove, Ill, REIT purchased the shopping center from Hackney Real Estate Partners of Richmond, Va,...
Commercial Real Estate Direct Staff Report The $375 million loan against the 58,850-square-foot Ditson Building in Lower Manhattan has been transferred to special servicing due to imminent default The loan, securitized through BANK, 2018-BN13, pays...
Crain’s Chicago Business Stripe has agreed to renew and expand its lease at the 13 million-square-foot office property at 350 North Orleans St in Chicago The online payment company, which had been in 89,000 sf, will now lease 222,000 sf at the...
The Real Deal A venture of Bandera Ventures, HPI Real Estate, and Second City Real Estate is offering for sale Ross Tower, a 11 million-square-foot office building in Dallas Cushman & Wakefield has been tapped to market the 45-story property, at...
Houston Business Journal High Street Logistics Properties has acquired Northwest Spur Industrial Park, a more than 1 million-square-foot industrial complex in Houston The Chicago investor purchased the six-building property from an affiliate of...
About 250 years after the original 13 colonies declared their independence from England, their commercial real estate markets are facing a very different battle: CMBS office...
Multifamily construction activity is slowing in Orlando, Fla, as 1,215 new units came online in the first quarter, down sharply from the 2,988 units delivered in the fourth quarter of 2025 and the 2,276 units delivered in the first quarter of last...
Commercial Real Estate Direct Staff Report The value of the 614,000-square-foot former headquarters of Spectra Energy in Houston’s Uptown/Galleria submarket has been slashed by 755% to $207 million The reappraisal comes on the heels of the...
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.
