Commercial Property Executive Genworth Financial has provided a $495 million loan against Infor Commons, a 436,478-square-foot office property in St Paul, Minn The financing allows the owner, Frauenshuh of Minneapolis, to retire a $495 million...
Crain’s Chicago Business Prime Finance is under contract to pay about $120 million, or $18039/sf, for the 650,812-square-foot office building at 225 West Wacker Drive in Chicago The San Francisco alternative lender is acquiring the property...
Commercial Real Estate Direct Staff Report Itron will vacate the 191,423 square feet of office space that it takes at Champion Station in San Jose, Calif, when its two leases roll in September The tech company that focuses on energy and water...
Crain’s Chicago Business A venture of Mavrek Development and Acres Capital is planning to convert the 143,000-square-foot office property at 209 West Jackson Blvd in Chicago into 180 apartment units Mavrek, of Chicago, is joining Acres, of...
The downtown Seattle office sector has overtaken San Francisco as the worst in the country, in terms of vacancy That could pose a risk for CMBS loans that are coming due or have matured and remain...
Commercial Real Estate Direct Staff Report The national industrial sector recorded 2498 million square feet of leasing activity in the first quarter, up 14% from a year ago, putting the sector on track for a record year of leasing, according to CBRE...
Crain’s Chicago Business Kohan Retail Investment Group has paid $137 million, or $9133/sf, for Citadel Center, a 15 million-square-foot office building in Chicago The New York company acquired the 39-story property, at 131 South Dearborn St,...
A venture of Opus and Principal Asset Management has secured two industrial leases totaling 204,908 square feet at the 169-acre Sun Empire development in Aurora, Colo, about 21 miles east of Denver The two leases, for 146,141 sf and another for...
Atlanta Business Chronicle Pactra USA Inc has fully leased the 691,667-square-foot International Commerce Center in Adairsville, Ga The Duluth, Ga, logistics firm is leasing the industrial property from Welcome Group, a Houston company that acquired...
Baltimore Business Journal The Maryland Department of General Services plans to lease 144,130 square feet at the 479,000-sf One South Street office building in Baltimore The state agency’s 15-year lease begins next February Terms of the deal...
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