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...
Crain’s Chicago Business Kohan Retail Investment Group has paid $137 million, or $9133/sf, for Citadel Center, a 15 million-square-foot office building in Chicago The New York company acquired the 39-story property, at 131 South Dearborn St,...
Federal Realty Investment Trust has sold the 113,173-square-foot Barcroft Plaza retail property in the Washington, DC, suburb of Falls Church, Va, for $5803 million, or $51271/sf The North Bethesda, Md, REIT sold the 66-year-old property, at 6345...
Disney Investment Group arranged the $8225 million, or $19735/sf, sale of the 416,766-square-foot University Town Center in Norman, Okla As reported, the 19-year-old property, at 1400 24th Ave NW, was purchased by a venture led by Mazaheri...
Atlanta Business Chronicle An affiliate of Heitman Capital Management has paid $733 million, or $44969/sf, for the 163,000-square-foot retail component of the Madison Yards mixed-use development in Atlanta The Chicago company acquired the property...
South Florida Business Journal Miami-Dade County has bought the 68,132-square-foot industrial building at 1800 NW 70th Ave in Miami for $1918 million, or $28144/sf A company managed by Simon Falic of Duty Free Americas sold the property, which was...
Just more than two-thirds of CMBS conduit loans by balance that came due in April were paid off on time That was a slight improvement from March and a marked improvement from the nearly 46% payoff rate in...
Commercial Property Executive Ares Management has paid $483 million, or $25340/sf, for O’Hare Logistics Center 16, a 190,606-square-foot industrial facility in Mount Prospect, Ill, a norther suburb of Chicago The Los Angeles investment manager...
Washington Business Journal Rockwater Ventures and Buchanan Partners have paid $1525 million, or $4408/sf, for American Center, a 346,000-square-foot office property in the Washington, DC, suburb of Tysons, Va Rockwater, of Chevy Chase, Md, and...
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