CMBS lenders securitized $1493 billion of loans against industrial properties this year through August At the current pace, the full year's volume of industrial loans should top last year's $1856...
Connect CRE Broadcom has paid $325 million, or $49176/sf, for its 660,893-square-foot corporate headquarters campus in Irvine, Calif The semiconductor company acquired the property from PRP Real Assets of Washington, DC The 96-acre campus, at 15101...
Commercial Real Estate Direct Staff Report The $785 million senior CMBS loan against the 786,891-square-foot One SoHo Square office property in Manhattan’s SoHo neighborhood has transferred to special servicer Midland Loan Services at the...
Commercial Observer Roadway Moving and Contenur have signed leases totaling 231,000 square feet at the Review Avenue Complex, a six-story industrial property at 28-90 Review Ave in the Long Island City section of Queens, NY Roadway, a moving and...
Commercial Observer O’Melveny & Myers has signed a 15-year renewal for about 100,000 square feet of office space at 1625 Eye St NW in Washington, DC The law firm, which has been at the 405,000-sf property since 2003, occupies its top three...
San Francisco Business Times Pendulum Property Partners has paid about $49 million for the debt against 747 Front St in San Francisco’s North Financial District The Irvine, Calif, investment firm’s purchase of the loan, which had a $545...
Puget Sound Business Journal Ventas Inc has paid $2408 million, or $166,068/unit, for Arbor Village, a 145-unit seniors housing property in Kent, Wash The Chicago health care REIT acquired the property from an affiliate of KKR & Co, which bought...
Dallas Business Journal Morgan Stanley plans to lease about 255,000 square feet of office space at the 12 million-sf Fountain Place in downtown Dallas while its new regional headquarters is developed in the city’s Uptown neighborhood The giant...
The Chapter 7 bankruptcy of Sonder Holdings Inc, a provider of short-term apartment rentals, is creating idiosyncratic distress among a number of properties financed through the CMBS market that were reliant on the company's...
Commercial Observer Alternative investment management firm 26 North has signed a 13-year lease for 84,000 square feet of office space at 40 West 57th St in Manhattan It will occupy four full floors at the property and relocate from 600 Madison Ave,...
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.
