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...
South Florida Business Journal Perkins Realty Management has paid $2555 million, or $22435/sf, for Davie Square, a 113,887-square-foot shopping center in Davie, Fla The Boca Raton, Fla, real estate firm purchased the retail property from Davie...
Commercial Real Estate Direct Staff Report An affiliate of Keech Properties has paid $478 million, or $250,261/unit, for the 191-unit Astor at Osborn apartment property in Phoenix The Redwood City, Calif, company acquired the property, at 3300 North...
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...
FrontRange Capital Partners has lined up $7483 million of Freddie Mac financing against the 220-unit EVO St Petersburg apartment property in St Petersburg, Fla Walker & Dunlop arranged the fixed-rate loan on behalf of the Denver private equity...
South Florida Business Journal Related Group has lined up $167 million of financing for Gallery at Lummus Parc, a 257-unit apartment project that’s under construction just west of downtown Miami The financing includes an $80 million...
South Florida Business Journal Publix Super Markets has paid $8325 million, or $40661/sf, for Airpark Plaza, a 204,740-square-foot shopping center in Miami The Lakeland, Fla, grocery chain acquired the retail property from an affiliate of First...
The modification of the $425 million mortgage against the 119 million-square-foot JACX office complex atop the Queens Plaza commuter hub in Queens, NY, has been completed, with its term extended by at least three years to September...
Commercial Property Executive PCCP has provided $683 million of financing against Palm Gateway Logistics Center, a 614,544-square-foot industrial park in Mesa, Ariz The financing allows the property’s owner, Logistics Property Co, to take out...
Underwriters led by JPMorgan Securities are preparing to launch a massive single-borrower CMBS transaction that would allow for the refinancing of a $177 billion debt package against the 178 million-square-foot office building at 245 Park Ave in...
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