Rentvcom BKM Capital Partners has paid $33 million, or $35106/sf, for Mission Park Business Center, a 94,000-square-foot office and industrial property in Santa Clara, Calif The Newport Beach, Calif, investment manager acquired the property from...
Charlotte Business Journal An affiliate of BC Wood Properties has paid $214 million, or $20907/sf, for the 102,360-square-foot Union Town Center retail property in Indian Trail, NC, about 17 miles southeast of downtown Charlotte, NC The Lexington,...
Bass Pro Shops has agreed to buy the 254-room Cheeca Lodge & Spa fishing and sporting resort in the Florida Keys village of Islamorada, Fla The Springfield, Mo, retailer, formally BPS Direct, operates 181 sporting good stores under the Bass Pro...
The Daily Herald Officials in Lake County, Ill, are said to be implementing an eight-month moratorium on new data-center projects Staff for the county, which is a northern suburb of Chicago, are working to establish definitions, zoning...
A venture of Greenberg Gibbons and Wilder Co has paid $33 million, or $20125/sf, for the 163,975-square-foot Wakefield Commons retail property in Raleigh, NC The venture—Greenberg is a Baltimore investment manager and Wilder is a Boston...
The amount of office space available for sublease in Chicago's central business district this month declined by 208% from a year ago to 45 million square feet, according to...
Alternative lender 3650 Capital has provided $42 million of mortgage financing against a portfolio of five self-storage properties with 3,891 units owned by an affiliate of Inland Real Estate Group The four-year loan, which pays a fixed coupon, will...
Madison Newbond has provided $115 million of mortgage financing against the recently completed La Bahia Hotel & Spa in Santa Cruz, Calif The five-year loan was arranged by Sonnenblick-Eichner Co of Los Angeles The 155-room hotel was developed by...
Washington Business Journal The People’s Democratic Republic of Algeria has purchased the 211,452-square-foot office building at 1441 L St NW in downtown Washington, DC, for $415 million, or about $19626/sf The North African nation purchased...
Commercial Real Estate Direct Staff Report PCCP has provided $67 million of financing against the 280-unit Kalaco apartment property in Denver JLL Capital Markets arranged the three-year mortgage on behalf of the property’s owner and...
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.
