David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
City: Colonial Heights
CBL Giving Up on 3 More CMBS-Financed Retail Properties
The Chattanooga, Tenn., REIT, which filed for bankruptcy in 2021 and was able to eliminate $1.7 billion of debt and preferred equity through its restructuring, has stopped making payments against the three properties' mortgages, which have a total balance of ...
AXIAL Gateway 95
Santander Bank provided $32.5 million of financing for the property's construction. Additional equity was provided by a U.S. affiliate of Kyushu Electric Power Co.
LaSalle Buys Richmond-Area Industrial Building for $70.5Mln
Commercial Property Executive LaSalle Investment Management has bought AXIAL Gateway 95, a 505,068-square-foot industrial property in Colonial Heights, Va., for $70.5 million, or $139.59/sf. The Chicago company purchased the warehouse from Crescent Communities of Charlotte, N.C., in a deal brokered by ...
Big Industrial Lease Signed Near Richmond, Va.
PECO Pallet has signed a lease for 106,376 square feet of industrial space at Port 801, a 239,448-sf property in the Richmond, Va., suburb of Colonial Heights, Va. Lingerfelt of Richmond owns the property and was represented in the lease ...
233,359-SF Industrial Lease Signed in Colonial Heights, Va.
Vital Records Control has signed a lease to take 233,359 square feet at the Ruffin Mill Distribution Center, an 868,601-sf industrial property in Colonial Heights, Va., a southern suburb of Richmond, Va. The documents management company will occupy the property's ...
Colonial Square
The property is encumbered by $13.1 million of CMBS debt that is securitized through COMM, 2016-CR28. The loan matures in November 2025 and pays a coupon of 4.893 percent. Colonial Square, at 3107 Boulevard, is 99.1 percent leased to 20 ...
REIT Paying $78.25Mln for 2 Grocery-Anchored Shopping Centers in Pennsylvania, Virginia
Commercial Real Estate Direct Staff Report United Hampshire US REIT has agreed to pay $78.25 million for two grocery-anchored shopping centers with a combined 426,820 square feet in Pennsylvania and Virginia. The company, whose shares trade on the Singapore exchange, is ...
Southgate Square retail center
fully leased. The Virginia Beach, Va., REIT funded the purchase with $21.1 million of financing and 1.6 million units in its affiliated operating partnership, which it used as currency for the remainder of the purchase price.
Enterchange at Walthall D building/1700 Ruffin Mill Road
fully occupied.
Dimmock Square/723 Southpark Blvd.
fully occupied.
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
