The Southern region of the country saw 53,000 apartment-unit starts in the first quarter of this year, accounting for more than half of the 103,000 units that broke ground nationally, according to the US Census...
Commercial Real Estate Direct Staff Report The $375 million loan against the 58,850-square-foot Ditson Building in Lower Manhattan has been transferred to special servicing due to imminent default The loan, securitized through BANK, 2018-BN13, pays...
Rentvcom Titanium Plus Auto Parts has agreed to lease a 522,300-square-foot industrial property within the Chino South Industrial Center in Chino, Calif The auto parts distribution company is taking the space from the property’s owner,...
Crain’s Chicago Business Stripe has agreed to renew and expand its lease at the 13 million-square-foot office property at 350 North Orleans St in Chicago The online payment company, which had been in 89,000 sf, will now lease 222,000 sf at the...
South Florida Business Journal An affiliate of Global Fund Investments has paid $1725 million, or $11459/sf, for the 150,537-square-foot Oakland Park Festival Center in Oakland Park, Fla The Sunrise, Fla, investor purchased the retail property from...
Houston Business Journal High Street Logistics Properties has acquired Northwest Spur Industrial Park, a more than 1 million-square-foot industrial complex in Houston The Chicago investor purchased the six-building property from an affiliate of...
South Florida Business Journal Waste Connections has paid $51 million for an 119-acre industrial outdoor storage facility at 17707 NW Miami Court in Miami Gardens, Fla The Woodlands, Texas, waste management company purchased the site through its...
Commercial Real Estate Direct Staff Report Nitya Capital has paid $41 million, or $149,635/unit, for Tides on McDowell, a 274-unit apartment property in Phoenix The Houston investment firm acquired the property from Tides Equities, which bought it...
Boston Business Journal A venture of Lincoln Property Co and investors advised by JPMorgan Asset Management has bought The Edge, a 962,000-square-foot office complex in Wakefield, Mass, for $61 million, or $6341/sf Hobbs Brook Real Estate of...
It appears the Valley West Mall in West Des Moines, Iowa, is once again under contract to be sold The 856,428-square-foot shopping center had been expected to sell for $131 million to the city of West Des Moines, which was working with ATI Group,...
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