Commercial Property Executive VAC Development has started work on converting the 100,000-square-foot office property at 2500-2550 Paseo Verde Parkway into an open-air retail, dining and entertainment center in Henderson, Nev The Las Vegas developer...
Commercial Real Estate Direct Staff Report The vacancy rate for Phoenix’s largest warehouses, those so-called “bulk warehouses” that measure more than 300,000 square feet each, has declined to 58%, a dramatic turnaround from the...
Crain’s Chicago Business Lululemon has agreed to lease 12,000 square feet of retail space at the base of Tribune Tower, a 162-unit condominium property along Chicago’s Magnificent Mile, a popular retail corridor The athletic apparel...
Crain’s Chicago Business Nuveen has paid $91 million, or $473,958/unit, for the 192-unit apartment complex at 255 North Addison Ave in the Chicago suburb of Elmhurst, Ill The New York investment manager acquired the property from its...
Tampa Bay Business Journal PTM Partners has lined up $125 million of construction financing for Edge Collective II, a 330-unit apartment project in St Petersburg, Fla An affiliate of GID provided the three-year, floating-rate loan, which was...
Davis Cos, which recently formed a dedicated credit platform, has provided $44 million of financing to fund the conversion of the 94,851-square-foot office building at 31 Milk St in Boston into residential use The 11-story building, between Hawley...
Boston Business Journal STAG Industrial Inc has paid $444 million, or $10023/sf, for a 443,000-square-foot warehouse in Caledonia, Wis The Boston REIT acquired the industrial property from an affiliate of Scannell Properties of Indianapolis The...
Boston Business Journal Tourbineau Real Estate Partners has paid $25 million, or $29070/sf, for an 86,000-square-foot office building at 955 Massachusetts Ave in Cambridge, Mass The Seattle real estate firm purchased the property from...
Opus has secured two new tenants at Liberty Heartland Logistics Center, a 166 million-square-foot industrial property in Liberty, Mo, bringing the property to full occupancy The leases were brokered by Newmark Wagner Logistics agreed to lease...
Crain’s Chicago Business Mesirow has paid $151 million, or $22879/sf, for the 660,000-square-foot office property at 1 Horizon Way in the Chicago suburb of Deerfield, Ill The Chicago financial services firm acquired the property in a...
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