The Real Deal Bimbo Bakeries USA is vacating its North American operations in suburban Philadelphia for the nine-story MacArthur Plaza office building near Dallas The affiliate of Grupo Bimbo of Mexico City is leaving its current operations, a...
AZ Big Media A venture of IndiCap and VAC Development has broken ground on Chandler Bay, a 110,481-square-foot industrial property in Chandler, Ariz IndiCap and Vac, both of Las Vegas, are building the property at 1820 East Germann Road, about 25...
The J Paul Getty Trust has paid $382 million for a 116-acre development site at 10918-10926 Le Conte Ave in Westwood, Calif The art institution acquired the site, which is currently home to a 9,647-square-foot office, from Beitler Commercial Realty...
Commercial Real Estate Direct Staff Report The chronically under-occupied office buildings at 12555 and 12655 West Jefferson Blvd in the Playa Vista neighborhood of Los Angeles are now more than 90 days late with payments on their $111 million...
Commercial Real Estate Direct Staff Report A record 252 million young adults were living with family last year, up by almost 1 million from the previous year That topped the 25 million young people—those between 18 and 34 years old—who lived...
AZ Big Media Creation Equity has paid $1805 million for a 38-acre development site at the northeast corner of Corporate Drive and 117th Avenue in Avondale, Ariz The Phoenix developer is planning to build a 699,700-square-foot industrial property on...
Atlanta Business Chronicle Porsche Cars North America has signed a lease for 806,000 square feet of warehouse space at 801 Logistics Parkway in Jackson, Ga The luxury automobile manufacturer will use the industrial property as a parts distribution...
Commercial Real Estate Direct Staff Report The $132 million CMBS loan against the 537,046-square-foot Millennium Corporate Park in suburban Seattle has had its maturity extended by three years through January 2029 But to win the modification, the...
Despite the 396 million square feet of negative absorption recorded during the first quarter, the worst might be over for the national office...
Commercial Real Estate Direct Staff Report Meidinger Tower, a 332,129-square-foot office building in downtown Louisville, Ky, is being sold for $45 million to Indianapolis developer KennMar The transaction, which has been approved by a circuit court...
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.
