Commercial Real Estate Direct Staff Report The former Lloyd Center mall in Portland, Ore, the largest open-air shopping center in the country when it was built in 1960, is being torn down at the end of the week Its demolition marks the latest step...
Philadelphia Business Journal Fernmoor has lined up $85 million of financing for Mi-Place at Downingtown, a 318-unit residential community in Downingtown, Pa, about 36 miles west of Philadelphia Barings provided the loan, which was arranged by CBRE...
South Florida Business Journal Kimco Realty Corp has bought a pair of grocery-anchored shopping centers in South Florida for $108 million The Jericho, NY, REIT paid $56 million, or $22788/sf, for the 245,744-square-foot Sunshine Plaza in Tamarac,...
Charlotte Business Journal Liquid Wizards has fully leased a 315,896-square-foot industrial building at 11524 Beltway Industrial Drive in Huntersville, NC, about 12 miles north of Charlotte, NC The beverage manufacturer signed a long-term lease for...
Barings has provided $213 million of financing against the 500,000-square-foot office property at 360 North Green St in Chicago JLL Capital Markets arranged the three-year loan on behalf of the owner and developer, a venture of JPMorgan Asset...
Orlando Business Journal APC US Pineda Commons LP has paid $4134 million, or $55416/sf, for Pineda Commons, a year-old retail property in Melbourne, Fla The Toronto investor acquired the shopping center, along with three of its outparcels, from an...
Commercial Property Executive Breakthrough Properties and Tishman Speyer have provided $90 million of financing against Aperture Del Mar, a 538,000-square-foot life-sciences property in San Diego The new debt allows the owner of the property,...
Phoenix Independent GO Industrial has broken ground a 11 million square foot industrial property at 9797 West Buckeye Road in Tolleson, Ariz, about 14 miles west of Phoenix The property will have 40-foot clear heights and office space Cushman &...
South Florida Business Journal AS Hallandale Investment FL has paid $40 million, or $20933/sf, for Millennium Plaza, a 191,084-square-foot mixed-use property in Hallandale Beach, Fla, about 14 miles south of Fort Lauderdale, Fla Alan Segall, a...
Multi-Housing News Commonwealth Development Partners has started work on an office-to-apartment conversion project at 500 North Michigan Ave in Chicago The Greenwich, Conn, development firm is turning the 400,000-square-foot property into 320 units...
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.
