Commercial Real Estate Direct Staff Report The $132 million CMBS loan against the 537,046-square-foot Millennium Corporate Park in suburban Seattle has had its maturity extended by three years through January 2029 But to win the modification, the...
Despite the 396 million square feet of negative absorption recorded during the first quarter, the worst might be over for the national office...
Columbus Business First Saxum Real Estate has paid $70 million, or $15045/sf, for the 465,256-square-foot industrial property at 5303 Fisher Road in Columbus, Ohio The Summit, NJ, developer acquired the property from a limited liability company that...
Crain’s Chicago Business Bank OZK has provided $102 million of financing for the construction of a 724-unit apartment property at 410 North Elizabeth St in Chicago The property is being developed by Weldon Development Group of New York The...
Commercial Observer Law firm McDermott Will & Schulte is in talks to lease about 150,000 square feet at the 930,000-sf 343 Madison Ave office building that BXP Inc is developing in Midtown Manhattan The Boston REIT is being represented by CBRE,...
Tenants' preference for space in the newest buildings, a phenomenon that's become notable in the office sector, is now taking place in the industrial property...
Charlotte Business Journal The buzz is Sumitomo Mitsui Banking Corp is nearing a deal for 200,000 square feet of office space at 301 South College, a 994,000-sf property in downtown Charlotte, NC The Tokyo-based financial services company would be...
Commercial Real Estate Direct Staff Report Artificial intelligence companies continue to benefit San Francisco’s office market During the first quarter, the city’s office market logged 35 million square feet of leasing activity,...
Silicon Valley Business Journal Moving and storage company PODS Enterprises has agreed to fully lease the 104,400-square-foot industrial property at 1959 Monterey Road in San Jose, Calif CBRE brokered the deal on behalf of the property’s owner...
Crain’s Chicago Business Golub & Co has recapitalized Century Tower, a 293-unit apartment property in Chicago, in a deal that values the property at $647 million, or $220,819/unit The Chicago developer brought in EOS Residential Investors as a...
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.
