Bloomberg Name: MSC 2011-C3

Commercial Real Estate Direct Staff Report The 1.2 million-square-foot Park City Center mall in Lancaster, Pa., recently lost two of its five anchor tenants, putting its $135.3 million CMBS loan at an increased risk of default. The loan, which is ...

Commercial Real Estate Direct Staff Report American Airlines, the sole tenant at Royal Ridge - III, a 123,740-square-foot office building at 3939 John Carpenter Freeway in Irving, Texas, will be vacating the property at the end of the year. The ...

The Dallas-based REIT is considering reducing its presence in the Houston office market. It owns three properties with a total of about 2.23 million square feet that it carries on its balance sheet at a combined value of $535 million. ...

BankUnited has provided $41.79 million of mortgage financing against the 390-room Sheraton Sand Key Resort in Clearwater Beach, Fla. The fixed-rate loan, which was arranged by HFF, matures in 2021. It replaced a $29.9 million loan that was securitized through ...

Commercial Real Estate Direct Staff Report Allegiance Realty Corp. is offering for sale Renasant Place, a 278,160-square-foot office building in downtown Birmingham, Ala. The 15-story property, at 2001 Park Place North, could sell for about $40 million, or $144/sf, which ...

Commercial Real Estate Direct Staff Report A venture of Swig Co. and Intercontinental Real Estate Corp. has paid $150 million, or $368/sf, for 6300 Wilshire Blvd., a 408,000-square-foot office building in Los Angeles. The 22-story property, which backs $53 million ...

Charlotte Business Journal A venture of LRC Opportunity Fund and New York Life Real Estate Investors has bought the 1.1 million-square-foot Logistics Pointe industrial park in Charlotte, N.C., for $52.1 million, or about $47.36/sf. Westmount Realty Captial sold the five-building ...