Springer Capital Pays $240.2Mln for S.C. Apartment Portfolio
April 22, 2024
309-Unit Apartment Property Opens in Phoenix
April 22, 2024
City: Mountain View
two R&D buildings in Mountain View, Calif.
The assets were part of a 119-building portfolio in California's Silicon Valley that Rreef had acquired in 2006 for more than $1 billion.
303 Bryant St.
Fully leased. The property backs $23 million of debt that is securitized through Bear Stearns Commercial Mortgage Securities Trust, 2006-PWR13. The loan pays a 6.31 percent coupon and matures in September 2016.
599 North Mathilda Ave.
LinkedIn fully leases the building. And Kilroy paid $106.1 million for the neighboring 12-acre site at 555 North Mathilda. It would construct a 587,000-sf office complex on the site, which LinkedIn has already committed to lease.
2465 Latham St.
66 percent leased.
2440 West El Camino Real
fully leased.
2440 W. El Camino Real
54 percent vacant
About
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.
