City: Albany

Commercial Real Estate Direct Staff Report The $76.6 million CMBS loan against Commerce Corporate Plaza, a 746,052-square-foot office building in Albany, N.Y., matured earlier this month without being paid off. But servicer notes indicate the loan's likely to get repaid, ...

Commercial Real Estate Direct Staff Report Hampshire Properties is offering for sale the Riverview Center, a 977,780-square-foot office/industrial complex in upstate New York. The property, at 150 Broadway in the Albany suburb of Menands, N.Y., is expected to sell for ...

The Nightingale Group has sold the 722,084-square-foot RiversideCenter shopping center in upstate New York for $60.5 million, or roughly $84/sf. The New York real estate investment company was represented in the transaction by CBRE. It had acquired it two years ago ...

NJBiz A life-insurance company has provided $11.8 million of debt against a 65,000-square-foot ShopRite supermarket in Albany, N.Y. The seven-year debt, with a fixed rate, was arranged by HFF on behalf of the Hampshire Cos. Wakefern Corp. operates the retail ...

A venture led by KKR & Co. has purchased the Colonie Center, a 1.3 million-square-foot shopping center near Albany, N.Y. The property, off Interstate 87, some two miles from the University of Albany, generates some $245 million in annual sales, ...

Commercial Real Estate Direct Staff Report Deutsche Bank and Ladder Capital Finance have provided $300 million of financing for the Crossgates Mall, with 1.7 million square feet in Albany, N.Y. The debt, with a 10-year term, amortizes over a 30-year ...

Times Union Judge Development Corp. of South Burlington, Vt. has proposed developing a $55 million mixed-use project in downtown Troy, N.Y. The city, which is soliciting bids to the develop on the former City Hall site, is also considering proposals ...

Business ReviewThe state of New York has selected Columbia Development Cos. to redevelop the W. Averell Harriman office campus in Albany. The state is targeting 139 of the property's 330 acres for redevelopment. The project has been in the works ...

Business ReviewTwo hotels with a combined 216 rooms have been proposed for the Route 7 Corridor of Latham, N.Y., near Albany. Buffalo Lodging Associates has proposed a 114-unit facility that would be operated as a Fairfield Inn & Suites by ...

Business ReviewFirst Columbia LLC has blamed the stalled development of a hotel/conference center in Troy, N.Y., on the city, claiming that government officials have not provided sufficient funding. According to the developer, the city had agreed to finance part of ...