CMBS lenders securitized $1493 billion of loans against industrial properties this year through August At the current pace, the full year's volume of industrial loans should top last year's $1856...
Commercial Real Estate Direct Staff Report The $785 million senior CMBS loan against the 786,891-square-foot One SoHo Square office property in Manhattan’s SoHo neighborhood has transferred to special servicer Midland Loan Services at the...
Commercial Observer Roadway Moving and Contenur have signed leases totaling 231,000 square feet at the Review Avenue Complex, a six-story industrial property at 28-90 Review Ave in the Long Island City section of Queens, NY Roadway, a moving and...
Commercial Observer O’Melveny & Myers has signed a 15-year renewal for about 100,000 square feet of office space at 1625 Eye St NW in Washington, DC The law firm, which has been at the 405,000-sf property since 2003, occupies its top three...
Dallas Business Journal Morgan Stanley plans to lease about 255,000 square feet of office space at the 12 million-sf Fountain Place in downtown Dallas while its new regional headquarters is developed in the city’s Uptown neighborhood The giant...
The Chapter 7 bankruptcy of Sonder Holdings Inc, a provider of short-term apartment rentals, is creating idiosyncratic distress among a number of properties financed through the CMBS market that were reliant on the company's...
Commercial Observer Alternative investment management firm 26 North has signed a 13-year lease for 84,000 square feet of office space at 40 West 57th St in Manhattan It will occupy four full floors at the property and relocate from 600 Madison Ave,...
Austin Business Journal Allen Control Systems has signed a lease for 192,000 square feet at 15700 Long Vista Drive in Austin, Texas The defense technology company will use the property as a manufacturing hub for its Bullfrog autonomous counter-drone...
The country's most-active port markets this year through May processed 15% less cargo than a year ago But industrial markets near those ports continued to perform relatively...
Commercial Real Estate Direct Staff Report The two northern New Jersey office buildings backing what is now a $5089 million CMBS loan that has been delinquent since March have been reappraised at a value of only $197 million The latest appraised...
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