Silicon Valley Business Journal Equinix has paid $51 million, or $204/sf, for a six-building office portfolio totaling 250,000 square feet in San Jose, Calif The data center developer and operator acquired the properties, at 6800 Santa Teresa Blvd,...
Commercial Real Estate Direct Staff Report The venture that owns the 11 million-square-foot Factory office property Queens, NY, injected $187 million of fresh equity in order to win a two-year term extension of the property’s $300 million...
South Florida Business Journal Bridge Asset Management has filed plans with the Hollywood, Fla, Planning and Development Board to build a 387-unit apartment complex The local agency will consider a rezoning proposal for the project’s...
South Florida Business Journal Emerald Creek Capital has filed a foreclosure lawsuit against the owner of the 81-unit Hillsboro Beach Resort in Hillsboro Beach, Fla, about eight miles southeast of Boca Raton, Fla The New York lender provided $26...
Commercial Observer Witnick Real Estate Partners has paid $225 million, or $424,528/unit, for the Henson, a three-building apartment property with 53 units on Manhattan’s Upper West Side The New York investor acquired the property from...
A fund managed by Crow Holdings Capital has paid $44 million, or $83214/sf, for the 52,876-square-foot Overlook at Oakbrook retail center in the Chicago suburb of Oak Brook, Ill The Dallas investment manager acquired the property, at 1715 to 1775...
TKF Burnside Real Estate Partners, a venture between former senior Brookfield Property executives Ric Clark and Dennis Friedrich, has $676 million, or $169/sf, for the 393,710-square-foot office property at 360 Hamilton Ave in White Plains, NY Clark...
South Florida Business Journal Hyperion Development Group has lined up $98 million of financing for the construction of the Ocean One apartment project in Boynton Beach, Fla Madison Realty Capital provided the loan Ocean One is being built on 371...
Tampa Bay Business Journal Wood Partners has paid $225 million, or $13426/sf, for the former Bankers Financial Group headquarters building in St Petersburg, Fla The Atlanta company purchased the building, with 167,581 square feet at 11101 Roosevelt...
Commercial Real Estate Direct Staff Report Goldman Sachs has provided $75 million of fixed-rate financing for the 341-room Marriott Monterey hotel in downtown Monterey, Calif Sonnenblick-Eichner Co arranged the latest loan, which allowed the...
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.
