Commercial Real Estate Direct Staff Report A total of $802 million of securitized debt tied to Chicago-area office properties faces significant tenant lease expirations before the loans mature The exposure includes 48 leases at 30 properties, with...
South Florida Business Journal Related Ross has paid $64 million, or $18060/sf, for the 354,376-square-foot North 40 office complex in Boca Raton, Fla The West Palm Beach, Fla, real estate firm acquired the two-building property from a venture of...
South Florida Business Journal Urban Edge Properties has paid $903 million, or $63194/sf, for Woodfield Plaza, a grocery-anchored retail property with 142,893 square feet in Boca Raton, Fla The New York REIT acquired the shopping center from an...
The third-quarter national office vacancy rate remained flat from the second quarter, at 198%, but is 30 basis points lower than it was a year earlier, according to Cushman &...
Atlanta Business Chronicle Google, Nike, and TikTok have signed industrial leases totaling more than 3 million square feet in the Atlanta area Google leased about 1 million sf at The Cubes at Locust Grove, at 700 Price Drive in Locust Grove, Ga The...
Minneapolis/St Paul Business Journal Amazoncom Inc has renewed its lease for 103,000 square feet of office space at T3, a 224,000-square-foot office building in Minneapolis The e-commerce giant has occupied the top three floors since 2016 JLL...
Portland Business Journal An affiliate of Trinity Property Consultants has paid $404 million, or $226,966/unit, for the 178-unit 10th @ Hoyt apartment property in Portland, Ore’s Pearl District The Irvine, Calif, multifamily owner-operator...
A venture of Sterling Organization and Cohen & Steers Income Opportunities REIT Inc has paid $325 million, or $20021/sf, for the 162,326-square-foot Manchester Village retail property in the Charlotte, NC, suburb of Rock Hill, SC The venture...
Triad Business Journal Appian Investments has paid $22 million, or $7653/sf, for the 287,464-square-foot Renaissance Plaza office building in downtown Greensboro, NC The Greenville, SC, real estate investment firm purchased the 19-story property...
South Florida Business Journal Empira Group has lined up $81 million of construction financing for The Aurelian, a 160-unit apartment project that’s under construction in Coral Gables, Fla Pearlmark provided the loan, which was arranged by...
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