JLL Income Property Trust has paid $190 million, or $192.89/sf, for the 985,000-square-foot West Raleigh Distribution Center in the Raleigh, N.C., suburb of Apex, N.C. The Chicago REIT, whose shares do not trade on any exchange, purchased the five-building property ...
Standard Insurance Co. has provided $14.5 million of mortgage financing against a 123,351-square-foot office building within the Brier Creek Corporate Center in Raleigh, N.C., allowing the building's owner to pay off a CMBS loan that matured last year.
Olive Point Capital has bought the DRT3 Amazon warehouse property in Raleigh, N.C., for $44 million, or $339.77/sf. The Los Angeles company purchased the 129,500-square-foot industrial building from its developer, Merus of Cincinnati, formerly known as Al.Neyer. The building, at ...
Deutsche Bank has committed to lend up to $210.28 million of mortgage financing against the Crabtree Valley Mall in Raleigh, N.C., funding the property's $290 million purchase by Macerich Co.
Triad Business Journal Olive Point Capital has bought the DRT3 Amazon warehouse property in Raleigh, N.C., for $44 million, or $339.77/sf. The Los Angeles company purchased the 129,500-square-foot industrial building from its developer, Merus of Cincinnati, formerly known as Al.Neyer. ...
Triangle Business Journal Centennial Holding Co. has bought the 312-unit Element at the Grove apartment complex in the Raleigh, N.C., suburb of Knightdale, N.C., for $57.5 million, or $184,295/unit. The Atlanta company purchased the three-story property from Red Clay Development ...
Macerich Co. has bought the 1.35 million-square-foot Crabtree Valley Mall in Raleigh, N.C., for $290 million, or $214.81/sf. The Santa Monica, Calif., REIT purchased the retail property from CVM Holdings LLC in a deal brokered by Eastdil Secured. Macerich financed ...
PGIM Real Estate has provided $100 million of financing against a portfolio of 11 industrial properties and one industrial outdoor storage facility in the Charlotte and Raleigh, N.C., markets. The portfolio, with 1.55 million square feet, is owned by Beacon ...
Triangle Business Journal Macerich Co. has bought the 1.35 million-square-foot Crabtree Valley Mall in Raleigh, N.C., for $290 million, or $214.81/sf. The Santa Monica, Calif., REIT purchased the retail property from CVM Holdings LLC in a deal brokered by Eastdil ...
The property, at 4200 Six Forks Road, was delivered in 2020 and is fully leased with Advance Auto Parts occupying 218,000 sf. Other tenants include the American Board of Anesthesiology, US Radiology Specialists, Carpenter Technology Corp., and IAT Insurance Corp. ...
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.
