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Rentv.com A venture of Intracorp and HAL Real Estate has paid $18 million, or $298.01/sf, for the 60,400-square-foot office property at 3190 160th Ave. SE in Bellevue, Wash. Intracorp, of Vancouver, British Columbia, and HAL, of Seattle, purchased the property...
Wells Fargo Bank and Truist Bank have provided $190 million of mortgage financing against Legacy Place, a 675,000-square-foot shopping center in the Boston suburb of Dedham, Mass. The loan, arranged by JLL Capital Markets, allowed the 14-year-old property's owner, a...
Rentv.com Ground has broken on the 266,025-square-foot University District office building in Seattle. The property is being built at 4300 Brooklyn Ave. NE, directly above the U District light rail station. It will have a rooftop terrace and 3,519 sf...
Commercial Real Estate Direct Staff Report M&T Bank has provided $19.8 million of Fannie Mae financing against the 120-unit Village Fair Apartment Homes in Bremerton, Wash. The fixed-rate loan pays a 5.63 percent coupon and has a five-year term. It...
Signature Bank, which was taken over by regulators last weekend, held a 12 percent share of the bank commercial real estate lending market in the New York metropolitan area, according to an estimate by Trepp Inc. As reported, the bank carried...
LAApartments has paid $55.5 million, or $225,609/unit, for three apartment properties with 246 units in Northridge, Calif., about 20 miles north of Los Angeles. The Los Angeles company purchased the properties from Upside Investments in a deal brokered by Northmarq....
Dallas Business Journal Summa Terra Ventures is breaking ground this fall on the nine-building Vic Centre multifamily project in Fort Worth, Texas. The Springville, Utah, company is building the 268-unit project at 7124 Anderson Blvd., east of the intersection of...
Pebblebrook Hotel Trust has sold the 306-room Sofitel Philadelphia at Rittenhouse Square for $80 million, or $261,438/room. The buyer couldn't be identified immediately. The sales price results in an 8.6 percent capitalization rate based on 2019 net operating income, Pebblebrook...
REJournals.com Bridge Industrial has signed a pair of logistics companies to leases totaling 1.38 million square feet at its Bridge Point Melrose Park, a 1.54 million-sf industrial project that's under construction in Melrose Park, Ill., about 16 miles west of...
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