A total of 42 domestic, private-label CMBS deals with a balance of $3274 billion were issued during the first quarter, marking the second busiest first quarter since just before the Global Financial...
A family office has leased 5,063 square feet at the 9 West 57th St office building in Midtown Manhattan, with rent averaging $32750/sf, believed to be the highest ever recorded in the borough The 168 million-square-foot building, a block from...
Austin Business Journal An affiliate of SB Energy has bought the 107-acre former 3M campus in Austin, Texas, for an undisclosed price The Redwood City, Calif, company purchased the property from Karlin Real Estate of Los Angeles, which recently...
Commercial Real Estate Direct Staff Report Morningstar DBRS estimates that the three Club Quarters hotels in Chicago, San Francisco, and Philadelphia that back a $2407 million mortgage securitized through BX Trust, 2017-CQHP, would recover only...
The volume of CMBS loans that are more than 30 days late with their payments spiked in March by $308 billion, to $4583 billion, marking the largest one-month increase in delinquency volume since May 2023, when volumes increased by $326 billion...
Commercial Observer Industrious has signed four leases totaling 124,500 square feet of office space in Manhattan The coworking company signed a lease for 43,000 sf at 110 East 42nd St, 33,000 sf at 609 Greenwich St, 24,500 sf at 156 Fifth Ave, and...
Dallas Business Journal Mary Kay is bringing its 546,000-square-foot headquarters campus in suburban Dallas to the sales market Cushman & Wakefield has the listing for the 13-story building, which sits on 33 acres at 16251 Dallas Parkway in...
REBusiness Online A venture of Ascentris and Student Quarters has bought the Noble 2500 student-housing property in Austin, Texas The seller and purchase price were not immediately known The 243-bed property was built in 2023 at 2500 San Gabriel...
Manhattan had only 173 retail storefronts available at the end of last year, down from 194 a year earlier Demand has been healthiest for space in some tony...
Commercial Real Estate Direct Staff Report The $425 million CMBS loan against the 119 million-square-foot JACX office complex in Queens, NY, is unlikely to get refinanced by its September maturity As a result, the loan, securitized through BAMLL...
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