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Commercial Real Estate Direct Staff Report CWCapital Asset Management has put the troubled $17.4 million CMBS loan against the 735-unit Granada Apartments in Erie, Pa., up for sale. The Bethesda, Md., special servicer has hired Mission Capital Advisors to sell ...
YourErie.com Sears will be closing its 140,000-square-foot store at the Millcreek Mall in Erie, Pa., after the 2016 holiday season. Cafaro Co., which owns the retail property, expects to have a new tenant in place by late 2017. Sears has ...
Phillips Edison-ARC Shopping Center REIT Inc. has paid $21.4 million, or about $109/sf, for Yorktown Centre, a 196,728-square-foot retail property in Erie, Pa. The shopping center, some 100 miles northeast of Cleveland, is fully leased and anchored by a Giant ...
November 27, 2001 ERIE, Pa. – Lincoln National has provided roughly $14.8 million to the owners of the Summit Towne Center.The 10-year, fixed-rate financing refinances prior debt on the property, which was also provided by Lincoln. Terms could not be ...
October 12, 2001 ERIE, Pa. – Lincoln National Life Insurance Co. has provided $14.8 million in financing for a shopping center.The 10-year fixed rate loan replaces an existing loan that Lincoln had provided about 10 years ago.The Summit Towne Centre, ...
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