Commercial Real Estate Direct Staff Report Plymouth Corporate Center, a 628,436-square-foot office property in the Minneapolis suburb of Plymouth, Minn, has been reappraised at a value of $453 million The latest appraisal, which was highlighted this...
InvenTrust Properties has paid $34 million, or $20118/sf, for New Garden Crossing, a 169,000-square-foot retail property in Greensboro, NC The Downers Grove, Ill, REIT purchased the shopping center from Hackney Real Estate Partners of Richmond, Va,...
Orlando Business Journal Hedrick Brothers Development has lined up $565 million of construction financing for The Hedrick at Lake Toho Apartments, a 366-unit project in the Orlando, Fla, suburb of Kissimmee, Fla The Winter Park, Fla, developer...
The Southern region of the country saw 53,000 apartment-unit starts in the first quarter of this year, accounting for more than half of the 103,000 units that broke ground nationally, according to the US Census...
Commercial Real Estate Direct Staff Report The $375 million loan against the 58,850-square-foot Ditson Building in Lower Manhattan has been transferred to special servicing due to imminent default The loan, securitized through BANK, 2018-BN13, pays...
Crain’s Chicago Business Stripe has agreed to renew and expand its lease at the 13 million-square-foot office property at 350 North Orleans St in Chicago The online payment company, which had been in 89,000 sf, will now lease 222,000 sf at the...
Commercial Observer Delshah Capital has paid $1278 million for a portfolio of three mixed-use properties in the Williamsburg section of Brooklyn, NY, in separate deals The New York real estate developer paid $458 million for 227 Grand St, which has...
About 250 years after the original 13 colonies declared their independence from England, their commercial real estate markets are facing a very different battle: CMBS office...
Atlanta Business Chronicle Trinity Property Consultants has paid more than $53 million, or $176,667/unit, for The Eva, a 300-unit apartment complex in Atlanta’s Sandy Springs area The Irvine, Calif, multifamily property owner purchased the...
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