Atlanta Business Chronicle Alston & Bird has renewed its lease for about 295,000 square feet of office space at One Atlantic Center in Atlanta The local law firm is reducing its footprint from about 340,000 sf at the 11 million-sf building,...
Commercial Real Estate Direct Staff Report Despite two years of elevated rates, most lender types posted modest growth in outstanding balances during the second quarter Banks expanded at a steady pace, but the government-sponsored enterprises (GSEs)...
Crain’s Chicago Business Simpson Thacher & Bartlett has agreed to lease about 94,000 square feet of space at the 638,794-sf office building at 167 North Green St in Chicago’s Fulton Market neighborhood The New York law firm will...
Kam Sang Co has paid $115 million for the $290 million loan against Wells Fargo Center South, a 12 million-square-foot office property in downtown Los Angeles The Arcadia, Calif, real estate developer acquired the loan from a group of lenders that...
Commercial Real Estate Direct Staff Report A total of $224 billion in securitized seniors-housing debt is scheduled to reach hard maturity between next month and December 2027 A hard maturity represents a loan with no remaining contractual extension...
Multi-Housing News The Annex Group has broken ground on Central at Old Southside, a 227-unit affordable housing property in Indianapolis The Fishers, Ind, developer is building the property at 1406 South Capitol Ave, about 2 miles south of downtown...
Charlotte Business Journal Kuehne+Nagel has leased a 276,000-square-foot industrial property at 1400 Ridgeview St in Landis, NC, about 32 miles northeast of Charlotte, NC The Swiss logistics company will use the building, which is part of the Landis...
Crain’s Chicago Business Illinois Center, a 21 million-square-foot office complex in downtown Chicago, is facing a foreclosure auction after its owner defaulted on the property’s $23948 million mortgage The loan against the two-building...
The third-quarter national office vacancy rate remained flat from the second quarter, at 198%, but is 30 basis points lower than it was a year earlier, according to Cushman &...
Commercial Observer Colorado Federal Bank has provided $23 million of construction financing for the conversion of a former event venue in Brooklyn, NY, into a 60-unit apartment property Double U Development is developing the eight-story project at...
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