Commercial Observer JE Richards has leased all 935,000 square feet at the recently constructed 211 Centreport Parkway industrial property in Stafford, Va The Lanham, Md, commercial electrical contractor and manufacturer will make data-center...
Commercial Observer Proskauer Rose has expanded its footprint at 11 Times Square in Manhattan by about 60,000 square feet, bringing its total occupancy at the office property to roughly 478,000 sf The law firm is adding floors 31 and 32 at the...
Boston Business Journal Global Partners has leased 125,000 square feet of office space at 275 Grove St in Newton, Mass, for its new headquarters The fuel supplier and retail operator will occupy three floors at the property, relocating from 72,000...
As a percentage of the overall CMBS universe, the special servicing rate is the highest it has been since February 2013, when it was 1152% But the universe back then was smaller than it is today Meanwhile, given the recent workout of a large loan,...
Commercial Real Estate Direct Staff Report With its maturity approaching, the $396 million senior CMBS loan against the 632,584-square-foot office building at 85 Tenth Ave, between Manhattan’s Chelsea and Meatpacking districts, has been...
Crain’s Chicago Business FPA Multifamily is offering for sale two apartment properties with a combined 572 units in downtown Chicago The San Francisco investment manager hired Newmark to market properties, which have no asking price FPA...
Minneapolis/St Paul Business Journal Blu Dot has leased River Edge Business Center, a 250,000-square-foot industrial property in Fridley, Minn The furniture maker will move into the building, at 7350 Commerce Lane Northeast, in November The property...
Multi-Housing News JPL Development has secured $483 million of Freddie Mac financing against the Edison at Maple Grove, a 248-unit apartment property in the Minneapolis suburb of Maple Grove, Minn Gantry arranged the 10-year loan, which requires...
CMBS lenders securitized $1493 billion of loans against industrial properties this year through August At the current pace, the full year's volume of industrial loans should top last year's $1856...
Commercial Real Estate Direct Staff Report The $785 million senior CMBS loan against the 786,891-square-foot One SoHo Square office property in Manhattan’s SoHo neighborhood has transferred to special servicer Midland Loan Services at the...
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