The volume of CMBS loans that are more than 30 days late with their payments increased last month by $123 billion, or 26%, to $4865 billion, according to Trepp Inc That amounts to 802% of the $60658 billion universe tracked...
New York Business Journal Morgan, Lewis & Bockius has leased 205,000 square feet of office space at 1251 Avenue of the Americas in Midtown Manhattan The Philadelphia law firm is relocating from 101 Park Ave, also in Manhattan, where it had...
Commercial Real Estate Direct Staff Report The vacancy rate for Phoenix’s largest warehouses, those so-called “bulk warehouses” that measure more than 300,000 square feet each, has declined to 58%, a dramatic turnaround from the...
Washington Business Journal Bozzuto Group has leased nearly 60,000 square feet of office space at 8160 Maple Lawn Blvd in Fulton, Md, for its new corporate headquarters The Greenbelt, Md, developer will occupy more than two floors at the 100,000-sf...
Crain’s Chicago Business Lululemon has agreed to lease 12,000 square feet of retail space at the base of Tribune Tower, a 162-unit condominium property along Chicago’s Magnificent Mile, a popular retail corridor The athletic apparel...
Opus has secured two new tenants at Liberty Heartland Logistics Center, a 166 million-square-foot industrial property in Liberty, Mo, bringing the property to full occupancy The leases were brokered by Newmark Wagner Logistics agreed to lease...
The amount of office space available for sublease in Chicago continues to decline But it's not necessarily because availabilities are being filled Instead, many are becoming direct...
South Florida Business Journal Bacardi Ltd has leased about 100,000 square feet of office space at the 225 million-sf Plaza Coral Gables mixed-use complex in Coral Gables, Fla, for its North American regional operations The Hamilton, Bermuda,...
Commercial Real Estate Direct Staff Report Chicago’s retail vacancy rate was at 54% halfway through this year, up from 51% a year earlier, according to Marcus & Millichap The city’s vacancy rate has been rising since hitting its low...
Commercial Real Estate Direct Staff Report The rapid expansion of the data-center sector is increasingly reshaping all aspects of the industrial real estate market, including leasing and competition for development sites Last year,...
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.
