Multi-Housing News MacNaughton has acquired Residences Kierland, a 290-unit apartment property in Scottsdale, Ariz The purchase price could not yet be learned However, the six-story property was valued this year at $1019 million, according to...
Commercial Real Estate Direct Staff Report Itron will vacate the 191,423 square feet of office space that it takes at Champion Station in San Jose, Calif, when its two leases roll in September The tech company that focuses on energy and water...
The downtown Seattle office sector has overtaken San Francisco as the worst in the country, in terms of vacancy That could pose a risk for CMBS loans that are coming due or have matured and remain...
Commercial Real Estate Direct Staff Report The national industrial sector recorded 2498 million square feet of leasing activity in the first quarter, up 14% from a year ago, putting the sector on track for a record year of leasing, according to CBRE...
Multi-Housing News JPL Development has lined up $395 million of Freddie Mac financing against Edison at Woodbury, a 207-unit apartment property in Woodbury, Minn, an eastern suburb of Minneapolis Gantry arranged the 10-year loan It pays a fixed rate...
A venture of Opus and Principal Asset Management has secured two industrial leases totaling 204,908 square feet at the 169-acre Sun Empire development in Aurora, Colo, about 21 miles east of Denver The two leases, for 146,141 sf and another for...
Atlanta Business Chronicle Pactra USA Inc has fully leased the 691,667-square-foot International Commerce Center in Adairsville, Ga The Duluth, Ga, logistics firm is leasing the industrial property from Welcome Group, a Houston company that acquired...
Baltimore Business Journal The Maryland Department of General Services plans to lease 144,130 square feet at the 479,000-sf One South Street office building in Baltimore The state agency’s 15-year lease begins next February Terms of the deal...
Philadelphia Business Journal Mission Critical Group has agreed to lease 266,000 square feet at 1600 Delp Drive in Harleysville, Pa The McKinney, Texas, electrical equipment supplier is leasing the industrial property from High Street Logistics...
Commercial Property Executive Newport National Corp has paid $968 million, or $37231/sf, for Hobble Creek Business Park, a three-building industrial property with 260,000 square feet in Springville, Utah, a city that’s 50 miles south of Salt...
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