Commercial Real Estate Direct Staff Report The $75.55 million CMBS loan against the Pecanland Mall in Monroe, La., has transferred to special servicer Greystone Servicing Co. because it wasn't refinanced at its maturity earlier this month. The loan had an ...
Puget Sound Business Journal A limited liability company managed by Al Monjazeb has paid $45 million, or $209.32/sf, for Lake Tye Business Campus, a 214,977-square-foot industrial property in Monroe, Wash. Monjazeb, a Bellevue, Wash., auto dealer, purchased the property as ...
Charlotte Business Journal Pantry Express has bought the Shoppes at Hanfield Village, a 91,000-square-foot retail property in Monroe, N.C., for $28.2 million, or about $309.89/sf. A venture of KGI Properties and Arista LLC sold the shopping center in a deal ...
Cincinnati Business Center Opal Holdings has paid $23.3 million, or $58.25/sf, for Xerox Distribution Center, a 400,000-square-foot industrial property in Monroe, Ohio. The New York investment firm purchased the property from the Hollingsworth Cos., which was represented in the deal ...
Dayton Business Journal Lexington Realty Trust has paid $18.6 million, or about $95.38/sf, for Park North 3, a 195,000-square-foot warehouse in Monroe, Ohio. The New York REIT purchased the property from IDI Logistics of Atlanta. The property, which was built ...
Charlotte Business Journal A venture of Ram Realty and Savs Group has broken ground on the 210-unit Arka Heights Luxury Apartments in Monroe, N.C., about 27 miles southeast of Charlotte, N.C. The six-building project is being built on 11 acres ...
The properties are fully net-leased to three e-commerce companies that use them as warehouse and distribution facilities. Hayneedle, an online furnishings firm and subsidiary of Walmart Inc., occupies 650 Gateway; Blue Buffalo, an online pet food company owned by General ...
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