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Triad Business Journal StoneRiver Co. has paid $66.9 million, or $232,292/unit, for the 198 Milltown Apartments in Burlington, N.C. The Birmingham, Ala., company purchased the 288-unit property from Zimmerman Development Co. of Wilmington, N.C., in a deal brokered by Berkadia. ...
Commercial Real Estate Direct Staff Report Alamance Crossing shopping center in North Carolina's Piedmont Triad, which backs a $37.65 million mortgage that's been in special servicing since 2020, is close to being sold for more than its loan balance. Arsenault ...
Washington Business Journal MetLife Investment Management has brought to the sales market the 109,085-square-foot Burlington BioCenter life-sciences property in the Boston suburb of Burlington, Mass. The investment manager has hired Newmark to help find a buyer. The property is now ...
REBusiness Online United Fulfillment Solutions Inc. has signed a lease for 217,986 square feet of industrial space at the Rancocas 5 Industrial Park in Burlington, N.J. The company will occupy all of Building One, at 2605 Rancocas Road, owned by ...
PGIM Real Estate has provided $90 million of financing against a pair of suburban Boston retail centers owned by EDENS. PGIM had funded the seven-year loan through its core lending strategy. The two properties, Woburn Village and Burlington Crossroads, are ...
MetLife Investment Management has paid $103 million, or $944.22/sf, for the 109,085-square-foot Burlington BioCenter life-science property in the Boston suburb of Burlington, Mass. The investment manager bought the property, at 4 Burlington Woods Drive, from its developer, a venture of ...
REBusiness Online PGIM Real Estate has teamed with AXA IM Alts to provide a $350 million loan against a portfolio of 29 industrial properties encompassing 4.9 million square feet in Burlington and Gloucester counties in southern New Jersey. The borrower ...
HarborOne Bank and Berkshire Bank provided $36.27 million of financing to facilitate the purchase of the University Mall in Burlington, Vt., by a venture of Taconic Capital Partners and Eastern Real Estate Group. The financing and sale both were arranged by ...
Commercial Real Estate Direct Staff Report Taconic Capital Partners has teamed with Eastern Real Estate Group on its purchase of the University Mall in South Burlington, Vt. Taconic long was thought to be buying the property, which was encumbered by a ...
GI bought the property through its GI Real Estate Essential Tech + Science Fund, an investment vehicle it had launched last year to pursue data-center, life-sciences and research and development properties on the East Coast.
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