Commercial Real Estate Direct Staff Report The CMBS trust that held the $105 million loan against the 80,032-square-foot Scribner Building and its neighboring Redfern Building in Midtown Manhattan suffered a $7666 million loss as a result of the...
Commercial Observer Highland Park Community Development Corp has leased the entire 289-room former Radisson Hotel at 52 William St in Manhattan’s Financial District The Brooklyn, NY, nonprofit leased the 20-story property from Slate Property...
Chicago Business Journal RJW Logistics Group has agreed to pre-lease a 12 million-square-foot building at Karis Park West, a 200-acre industrial project that’s currently under construction in Montgomery, Ill, a western suburb of Chicago The...
Milwaukee Business Journal An affiliate of Altitude Capital Partners has paid $372 million, or $180,582/unit, for Bakers Place, a 206-unit apartment property in Madison, Wis The Chicago asset manager acquired the property from its developer,...
Houston Business Journal Crescent Energy has recently signed a lease for 125,000 square feet at 609 Main at Texas office building in downtown Houston JLL brokered the lease on behalf of the locally based energy company Meanwhile, Crescent has filed...
Dallas Morning News Granite Properties is offering for sale Factory Six03, a 123-year-old office building in downtown Dallas The Plano, Texas, company has tapped Cushman & Wakefield to market the 215,111-square-foot property at 603 Munger Ave An...
Portland Business Journal R+L Carriers has paid $405 million, or $39598/sf, for the 102,277-square-foot industrial property at 6845 North Cutter Circle in Portland, Ore The Wilmington, Ohio, freight shipping company acquired the building from a pair...
Spending for the construction of data centers totaled $411 billion last year, up 317% from 2024 and 344% from 2020, according to the US Census Bureau However, that number understates the true scope of spending on such properties by a large...
Bisnow Dean Adler, who co-founded investment manager Lubert-Adler, has agreed to buy the former Franklin Mills Mall in Philadelphia, with plans to redevelop it into mixed uses Adler would invest $100 million into remaking the 37-year-old shopping...
Nashville Business Journal Anchor WeHo Owner LLC has bought Braxton Music City, a 236-unit apartment complex in Nashville, Tenn, for $544 million, or $230,508/unit The company, led by New Jersey investor Aaron Friedman, purchased the two-building...
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