Commercial Real Estate Direct Staff Report Philadelphia’s 1818 Market St office building, with 999,828 square feet, has had its appraised value reduced once again, to $158 million The 54-year-old building, which was purchased by Shorenstein...
Commercial Real Estate Direct Staff Report The volume of CMBS loans in special servicing increased last month by 172% to $6676 billion, which amounts to 112% of the $59584 billion universe tracked by Trepp Inc That’s up from 1086% in May But...
Crain’s Chicago Business Acadia Realty Trust is offering for sale the five retail buildings with 103,526 square feet at 2731 North Clark St and 639, 662, 613-623 and 651-671 West Diversey Parkway in Chicago The New York REIT has hired Newmark...
Philadelphia Inquirer The proposed sale of the 176 million-square-foot office building at 1500 Market St in downtown, or Center City Philadelphia, evidently has fallen apart The 37-story building, commonly referred to as Centre Square, backs a $368...
Commercial Real Estate Direct Staff Report The 278 million-square-foot Aon Center office property in Chicago has been re-appraised at a value of $195 million It marks the third time the 83-story building – the third tallest in the city after...
A San Francisco investor group comprised of Prado Group and Presidio Bay Ventures, which had come close to sewing up a deal to buy the beleaguered San Francisco Centre shopping mall, will not be buying the 145 million-square-foot property, according...
The Real Deal Citigroup is once again offering for sale portions of its office campus in San Antonio CBRE has been tapped to market the four-building property at 100 Citibank Drive, which contains 329,658 square feet of rentable space Local law firm...
The Real Deal A venture of Bandera Ventures, HPI Real Estate, and Second City Real Estate is offering for sale Ross Tower, a 11 million-square-foot office building in Dallas Cushman & Wakefield has been tapped to market the 45-story property, at...
It appears the Valley West Mall in West Des Moines, Iowa, is once again under contract to be sold The 856,428-square-foot shopping center had been expected to sell for $131 million to the city of West Des Moines, which was working with ATI Group,...
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.
