Washington Business Journal White & Case LLP has leased 196,000 square feet of office space at 1701 Pennsylvania Ave NW in Washington, DC The law firm is leasing its space from Grosvenor of London, which was represented in the lease by JLL...
Tampa Bay Business Journal OTO Development has paid $315 million, or $308,824/room, for the 102-room Beachcomber Beach Resort in St Pete Beach, Fla The Spartanburg, SC, hotel owner and operator purchased the property from Gencom of Miami, which had...
New York Post Citadel Securities isn’t the only company rethinking its New York City expansion plans Apollo Global Management, which is planning a second headquarters, is eyeing Florida or Texas And it has said the bulk of its future hiring...
Commercial Real Estate Direct Staff Report Verizon Communications Inc, which last year signed for 203,000 square feet at the 162 million-square-foot Penn 2 office building in Midtown Manhattan, has decided against building out its space and instead...
The Real Deal RPM Living has paid $1514 million, or $398,421/unit, for Biscayne Shores, a 380‑unit residential complex in Miami The Austin, Texas, multifamily investor acquired the property from a venture of Integra Investments, Korgeous Group,...
Atlanta Business Chronicle Infor is leasing 82,000 square feet of office space at Campus 244, a nearly 13-acre mixed-use development in the Atlanta suburb of Dunwoody, Ga The software provider, a subsidiary of Koch Inc, is relocating its...
Commercial Real Estate Direct Staff Report Lenders of all stripes are bullish They’ve got plenty of capital to lend and property owners have accepted the fact that interest rates will remain higher than what became the norm until late 2022 But...
Commercial Real Estate Direct Staff Report Weak demand for space from biotechnology companies helped contribute to a drop in the occupancy rate of Alexandria Real Estate Equities Inc’s portfolio to 877% in the first quarter from 917% a year...
South Florida Business Journal Bowery Properties has bought Cascades at the Hammocks, a 264‑unit apartment property in Miami, for $655 million, or $248,106/unit The local investor purchased the three-story complex from an affiliate of Grand Peaks...
South Florida Business Journal An affiliate of Property Reserve, the real estate investment arm of the Church of Jesus Christ of Latter‑day Saints, has paid $240 million, or $526,316/unit, for Uptown Boca Villas, a 456‑unit apartment complex in...
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.
