Commercial Real Estate Direct Staff Report Denver’s Wells Fargo Center office building continues to face declining occupancy, which has contributed to another drop in its appraised value The 52-story building, at 1700 North Lincoln St, was...
The amount of office space available for sublease in Chicago's central business district this month declined by 208% from a year ago to 45 million square feet, according to...
Class Amt $mln Sub Level % Avg Life (yrs) Rating Fitch Rating Kroll Rating Moody’s Price % Yield % Final Pricing (bp) Bnch mrk A-1 126 3000 237 AAA AAA Aaa 9999995 480601 +709 J-spread A-2 7200 3000 460 AAA AAA Aaa 10099999 48572 +77...
Commercial Real Estate Direct Staff Report Manchester Financial Group, which owns the 1,048-room Fairmont Austin hotel in Austin, Texas, tapped a reserve fund to pay some of the property’s taxes It evidently did that without consent of its...
ConnectCRE Secure Source America LLC has fully leased the 100,800-square-foot industrial building at 1215 101st St in Woodridge, Ill, about 26 miles west of Chicago The manufacturing company is taking the space from the property owner, Rediehs &...
Law firm Holland & Knight has relocated to 145,000 square feet at the 520,000-sf Symphony Place office building in the SoBro neighborhood of Nashville, Tenn The law firm relocated from Nashville City Center, at 511 Union St, where it occupied...
The sale-leaseback market maintained its momentum through the first quarter, and given strong M&A activity and favorable market conditions, demand should remain...
Commercial Real Estate Direct Staff Report The 21 million-square-foot Illinois Center office complex in Chicago’s East Loop submarket has been reappraised at a value of $665 million The two-building property, at 111 East Wacker Drive and 233...
A total of 35 CMBS loans with a balance of $271 billion were transferred to special servicers last month But they worked out $149 billion of loans during that time, so the net increase in special servicing volumes was $122...
LA Business First Hoa’s Global Pet Nutrition has agreed to lease the 163,300-square-foot industrial property at 1930 South Parco Ave in Ontario, Calif The manufacturer of pet foods was represented by Maple Commercial Real Estate, while NAI...
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