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CIBC has provided a $79.75 million loan against Atlanta's Paces West, to facilitate the 646,471-square-foot office property's sale to a venture of Crocker Partners and Investcorp for $112.5 million, or $174/sf. The transaction allowed a modified CMBS loan to be ...
A venture led by Crocker Partners has been selected as the winning bidder for Paces West, a 646,471-square-foot office property in the Cumberland/Galleria submarket of Atlanta. It is said to be paying about $113 million, or about $175/sf, for the ...
A venture of Tier REIT Inc. and Oaktree Capital Management is offering for sale Paces West, a 646,471-square-foot office property in the Cumberland/Galleria submarket of Atlanta. It has hired CBRE to market the property, which could sell for about $117 ...
Ashford Hospitality Trust Inc. has paid $62.5 million for the 226-room Le Pavillon Hotel in New Orleans. The Dallas hotel REIT bought the property from a venture led by American Financial Group, parent of Great American Insurance Group of Cincinnati. ...
Westcore Properties has paid $52.7 million, or $318/sf, for 1390 and 1400 Kifer Road, a 165,497-square-foot office and data-center property in Sunnyvale, Calif. The San Diego investment manager bought the property, comprised of a three-story office building and single-story data ...
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