Federal Realty Investment Trust has paid $29.5 million, or nearly $107.75/sf, for Hastings Ranch Plaza, a 273,844-square-foot retail center in Pasadena, Calif. The property, at 3801-3883 East Foothills Blvd., is fully leased and anchored by a Sears, Marshalls, which occupies ...
BizTimes Hager Pacific Properties has paid $35 million for a four-property industrial portfolio that included the Brown Deer Business Park, an eight-building flex-industrial complex in the Milwaukee suburb of Brown Deer, Wis. The three other properties are in California. One ...
Commercial Real Estate Direct Staff Report A group of insurance companies led by American Home Assurance Co. has provided $92.5 million of financing against Orange Plaza, a 765,390-square-foot retail property in Middletown, N.Y., some 75 miles north of Manhattan. The ...
Pennsylvania REIT has refinanced the $140.5 million CMBS loan against the Woodland Mall in Grand Rapids, Mich., and increased to $57 million a loan it has against the Viewmont Mall near Scranton, Pa. The Philadelphia REIT turned to US Bank ...
Metropolitan Life Insurance Co. has provided $254.6 million of mortgage financing against 1675 Broadway, a 761,092-square-foot office property in midtown Manhattan. The loan was used to retire $170.9 million of debt, including a $146.9 million senior mortgage that was securitized ...
New York Post Publicis Groupe has renewed its lease at 1675 Broadway in midtown Manhattan and expanded its presence at the 751,846-sf office building to 580,000 sf from 480,000 sf. The advertising agency's lease expires in 2031. The 35-story property ...
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