REBusiness Online Ridgecut Road is planning to build a 146,075-square-foot industrial property at 14 Moosilauke Drive in Montgomery, N.Y., in Orange County, some 80 miles northwest of Manhattan. The New York developer expects to break ground later this year and ...
REBusiness Online NORKOL Converting Corp. has agreed to lease 330,694 square feet of space at CenterPoint 88 Industrial Center, a 365,313-sf property in Montgomery, Ill. The paper and packaging provider was represented by NAI Hiffman, while the building's owner, CenterPoint ...
Commercial Real Estate Direct Staff Report Kohan Retail Investment Group, which last year had paid $55 million for the Montgomery Mall in suburban Philadelphia, has sold the property's 184,000-square-foot Wegmans grocery store to ExchangeRight Real Estate LLC for $22.6 million, or ...
Kohan Retail Investment Group, the most prolific buyer of malls backing distressed CMBS loans, has paid $55 million for the Montgomery Mall in suburban Philadelphia. The property, previously owned by Simon Property Group, had been encumbered by a $100 million ...
Chicago Business Journal The U.S. Medical Glove Co. has agreed to lease 1 million square feet of industrial space at The Grid at Route 31 business park in Montgomery, Ill. The medical glove manufacturer's lease is for 15 years. The ...
Berkadia has provided $27.45 million of Fannie Mae financing for a pair of apartment properties with 320 units in Montgomery, Ala. The two loans both have 12-year terms and amortize on 30-year schedules. They pay coupons that Berkadia described as ...
The sale allowed Inland to retire a $21.9 million Freddie Mac loan that was securitized through FREMF, 2017-K69. The loan paid a 3.88 percent coupon and was set to mature in August 2027. It was locked out of prepayment until ...
Inland Residential Properties Trust Inc., which adopted a liquidation plan last year, has sold its last property. The Oak Brook, Ill., non-traded REIT sold the 332-unit Verandas at Mitylene in Montgomery, Ala., for $40.5 million to B&M Management Co.
The property is encumbered by a $21.9 million mortgage that Berkadia originated. The interest-only loan matures in 2027 and pays a coupon of 3.88 percent. B&M is expected to assume the loan when the acquisition closes.
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