Commercial Property Executive AEW Capital Management has paid $110.6 million for two industrial properties totaling 995,784 square feet in California's Inland Empire region. The Boston investment manager acquired the properties from Scuderia Development. AEW paid $70.4 million, or $117.09/sf, for ...
Commercial Property Executive Walmart has paid $111.5 million, or $219.92/sf, for Burke Sycamore Business Park, a 507,000-square-foot industrial property in Riverside, Calif., within the state's Inland Empire region. The retail giant acquired the property, at 1001 Columbia Ave., from State ...
BentallGreenOak has paid $128.5 million, or $294.44/sf, for the 436,424-square-foot industrial property at 11119 Juniper Ave. in the Inland Empire city of Fontana, Calif. The New York investment manager, commonly referred to as BGO, acquired the property from a venture ...
Commercial Property Executive Northwestern Mutual has provided $60 million of financing against the 1 million-square-foot building A at Meridian Business Park in Riverside, Calif. The five-year loan takes out $28.8 million of financing that Massachusetts Mutual Life Insurance Co. provided ...
Burlington Distribution, the buyer, has been fully occupying the property since it opened.
Commercial Real Estate Direct Staff Report Burlington Distribution has paid $257.05 million, or $289/sf, for the 889,445-square-foot industrial property at 21600 Cactus Ave. in Riverside, Calif. The company, an affiliate of retailer Burlington Stores, purchased the property from BlackRock, which ...
The $66.9 million mortgage against the North Riverside Park Mall in the Chicago suburb of Riverside, Ill., which in 2021 had been divided into A- and B-notes as part of a modification, remains outstanding, well after its extended maturity last ...
ConnectCRE.com Dunbar Real Estate Investment Management has paid just over $19 million, or $136.99/sf, for Summit Business Center, an office and industrial property with 138,697 square feet in Riverside, Calif. The El Segundo, Calif., investment firm purchased it from CIP ...
An investor group has purchased the 295,949-square-foot Canyon Crossing retail property in Riverside, Calif., for $39.1 million, or $132/sf, resulting in the resolution of what had been a troubled $39.85 million CMBS loan. The group, believed to be tied to ...
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