Retail Center in Kailua, Hawaii, Sells for $66Mln
March 29, 2023
IDI Logistics to Bring Industrial Project to Gastonia, N.C.
March 29, 2023
fully occupied. The buyer used a $15.8 million loan from the First National Bank of Long Island to help fund the purchase. The property has parking for 547 vehicles.
The buyer used a $64.35 million loan from Prudential Insurance Co. of America to help fund the purchase of the property
The property backs a $34.5 million mortgage that was securitized through Citigroup Commercial Mortgage Trust, 2008-C7.
10-story building is occupied primarily by Polo Ralph Lauren Corp., which leases 60 percent
JV to reflag the Novotel a Courtyard by Marriott & invest $6Mln in renovation that'll result in a total of 227 units.
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