The downtown Seattle office sector has overtaken San Francisco as the worst in the country, in terms of vacancy That could pose a risk for CMBS loans that are coming due or have matured and remain...
Commercial Real Estate Direct Staff Report The national industrial sector recorded 2498 million square feet of leasing activity in the first quarter, up 14% from a year ago, putting the sector on track for a record year of leasing, according to CBRE...
Crain’s Chicago Business Kohan Retail Investment Group has paid $137 million, or $9133/sf, for Citadel Center, a 15 million-square-foot office building in Chicago The New York company acquired the 39-story property, at 131 South Dearborn St,...
A venture of Opus and Principal Asset Management has secured two industrial leases totaling 204,908 square feet at the 169-acre Sun Empire development in Aurora, Colo, about 21 miles east of Denver The two leases, for 146,141 sf and another for...
Atlanta Business Chronicle Pactra USA Inc has fully leased the 691,667-square-foot International Commerce Center in Adairsville, Ga The Duluth, Ga, logistics firm is leasing the industrial property from Welcome Group, a Houston company that acquired...
Baltimore Business Journal The Maryland Department of General Services plans to lease 144,130 square feet at the 479,000-sf One South Street office building in Baltimore The state agency’s 15-year lease begins next February Terms of the deal...
Philadelphia Business Journal Mission Critical Group has agreed to lease 266,000 square feet at 1600 Delp Drive in Harleysville, Pa The McKinney, Texas, electrical equipment supplier is leasing the industrial property from High Street Logistics...
Crain’s Chicago Business AMLI Residential is offering for sale AMLI Deerfield, a 240-unit apartment property in Deerfield, Ill The Chicago developer hired JLL to market the property, which was built in 2015 AMLI Deerfield, at 1525 Lake Cook...
REBusiness Online Flaherty & Collins Properties has completed the 219-unit first phase of the Blutowne apartment development in Peoria, Ill The Indianapolis developer broke ground on the project, at 501 West Washington St, in late 2023 Its...
Crain’s Chicago Business Realty Income has paid $1765 million, or $26032/sf, for two industrial properties totaling 678,000 square feet at 3101 Protection Parkway and 2501 Sanders Road in Glenview, Ill The San Diego REIT acquired the buildings...
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.
