South Florida Business Journal Kimco Realty Corp has bought a pair of grocery-anchored shopping centers in South Florida for $108 million The Jericho, NY, REIT paid $56 million, or $22788/sf, for the 245,744-square-foot Sunshine Plaza in Tamarac,...
Charlotte Business Journal Liquid Wizards has fully leased a 315,896-square-foot industrial building at 11524 Beltway Industrial Drive in Huntersville, NC, about 12 miles north of Charlotte, NC The beverage manufacturer signed a long-term lease for...
An unusually large volume of new delinquencies in the CMBS universe last month resulted in an 801% increase in loans that are more than 30 days late to $475 billion That amounts to 786% of the $60442 billion universe tracked by Trepp...
Orlando Business Journal APC US Pineda Commons LP has paid $4134 million, or $55416/sf, for Pineda Commons, a year-old retail property in Melbourne, Fla The Toronto investor acquired the shopping center, along with three of its outparcels, from an...
Commercial Real Estate Direct Staff Report DiamondRock Hospitality Co is once again considering putting its 1,200-room Chicago Marriott Downtown Magnificent Mile hotel on the sales block Two years ago, the Bethesda, Md, REIT classified the property...
South Florida Business Journal AS Hallandale Investment FL has paid $40 million, or $20933/sf, for Millennium Plaza, a 191,084-square-foot mixed-use property in Hallandale Beach, Fla, about 14 miles south of Fort Lauderdale, Fla Alan Segall, a...
South Florida Business Journal CIP Real Estate has paid $99 million, or $29343/sf, for the 337,392-square-foot Lyons Corporate Park in Coconut Creek, Fla, about seven miles southwest of Boca Raton, Fla The Irvine, Calif, investor bought the...
CMBS loans against enclosed shopping malls that were written in 2016 or before then have a 963% delinquency rate, while those written in 2017 and later have nearly zero...
Crain’s Chicago Business A venture led by investor Jonathan Holtzman is offering for sale the Fisher Building, a 184-unit apartment property in Chicago The venture, which has held an ownership stake in the property since 1999, hired CBRE to...
Charlotte Business Journal Asana Partners has paid $60 million, or $91917/sf, for Specialty Shops SouthPark, a 65,276-square-foot retail property in Charlotte, NC The local company bought the open-air shopping center from a venture of Hill Partners,...
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