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TIAA-CREF has paid $71 million for World Trade Center North, a 133,177-square-foot office building in downtown Seattle. The pension fund purchased the building from Wright Runstad & Co., a Seattle developer. RealNetworks fully occupies the building, which was listed through...
Wells REIT II has paid $319.8 million for 222 E. 41st St., a 372,000-square-foot office building in Manhattan. The Atlanta REIT purchased the property from an affiliate of Anglo Irish Bank. Eastdil Secured represented the REIT in the transaction.
Wells REIT II has paid $319.8 million for 222 E. 41st St., a 372,000-square-foot office building in Manhattan. The Atlanta REIT purchased the property from an affiliate of Anglo Irish Bank. Eastdil Secured represented the REIT in the transaction.
Franklin Street Properties Corp. has paid $75 million for 2345 Grand, a 536,000-square-foot office building in downtown Kansas City, Mo. The Boston firm purchased the building from a venture between Hines Interests and GE Real Estate. The Dallas office of...
The Sovereign Group has paid $150 million for Summit Technology Center, a 1 million-square-foot office and research property in Lee's Summit, Mo. The New York firm purchased the suburban Kansas City, Mo., complex from Townsend Capital Partners. Cushman & Wakefield had...
Franklin Street Properties Corp. has paid $75 million for 2345 Grand, a 536,000-square-foot office building in downtown Kansas City, Mo. The Boston firm purchased the building from a venture between Hines Interests and GE Real Estate. The Dallas office of...
Some $1.3 billion of commercial mortgages are being offered, making it among the busiest times in memory for the secondary market. The fear is that the glut of offerings, coming late in the summer and at a time of market...
Reis Inc. is projecting a softening in the apartment sector, as developers switch their focus to building rental units from single-family homes and condominiums. The sector also faces additions from condos that have reverted to rental units. Meanwhile, the retail...
Some $1.3 billion of commercial mortgages are being offered, making it among the busiest times in memory for the secondary market. The fear is that the glut of offerings, coming late in the summer and at a time of market...
Reis Inc. is projecting a softening in the apartment sector, as developers switch their focus to building rental units from single-family homes and condominiums. The sector also faces additions from condos that have reverted to rental units. Meanwhile, the retail...
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© 2023 Commercial Real Estate Direct All rights reserved..