Commercial Real Estate Direct Staff Report The redevelopment of Baltimore’s Harborplace within the city’s Inner Harbor area got a shot in the arm in recent days, when a city agency agreed to a tax reduction for the retail property The...
Cowboy Space has agreed to occupy the entire 291,035-square-foot industrial building at 7650 South 228th St in Kent, Wash, about 17 miles south of Seattle The aerospace startup is leasing the property from landlord CenterPoint Properties of Oak...
Puget Sound Business Journal Toronto-Dominion Bank has provided $417 million of financing for the development of Block V, a 136 million-square-foot mixed-use property in Seattle’s Denny Triangle neighborhood The financing comes after the...
Commercial Observer PNC Bank has provided $92 million of construction financing for a 299-unit apartment project in Washington, DC United Bank also participated in the five-year loan, which was arranged by Berkadia The project benefits from a...
Multi-Housing News Michelson Organization has paid $725 million, or $272,556/unit, for Peakline at Copperleaf, a 266-unit apartment community in Aurora, Colo The St Louis investment firm acquired the property, at 4343 South Picadilly St, from 29th...
Crain’s Chicago Business Stockbridge Capital has paid $865 million, or $11275/sf, for a 767,161-square-foot industrial property at 1125 Remington Blvd in Romeoville, Ill, about 32 miles west of Chicago The San Francisco investor bought the...
Bucks County Courier Times The demolition of most of the Neshaminy Mall in the Philadelphia suburb of Bensalem, Pa, is scheduled to get underway in December The 105 million-square-foot retail property was purchased two years ago by a venture of...
Connect CRE Broadcom has paid $325 million, or $49176/sf, for its 660,893-square-foot corporate headquarters campus in Irvine, Calif The semiconductor company acquired the property from PRP Real Assets of Washington, DC The 96-acre campus, at 15101...
Commercial Observer S3 Capital has provided $45 million of construction financing for a planned 99-unit apartment property in the Williamsburg section of Brooklyn, NY GW Infinity of Brooklyn is developing the 17-story project at 277 North Eighth St...
San Francisco Business Times Pendulum Property Partners has paid about $49 million for the debt against 747 Front St in San Francisco’s North Financial District The Irvine, Calif, investment firm’s purchase of the loan, which had a $545...
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