David Simon Passes Away After Battle with Cancer
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CREFC’s Lisa Pendergast Retiring in August
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Brookfield Revives GGP Name for Malls
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Commercial Real Estate Direct Staff Report Columbia Sussex Corp. has lined up a $102 million mortgage from Barclays Capital against its 387-room Marriott Savannah Riverfront hotel in Savannah, Ga. The loan has a five-year term and pays a coupon of ...
David Garfunkel and Co. brokered the deal for the buyer. Twelve Oaks, at 5500 Abercorn St., was built in 1985 and is 99% leased.
Shopping Center Business InvenTrust Properties Corp. has paid $35.8 million, or $341.23/sf, for the 104,915-square-foot Twelve Oaks shopping center in Savannah, Ga. The Downers Grove, Ill., REIT purchased the retail property from Atlantic Capital Partners, which was represented in the ...
Multi-Housing News Western Alliance Bank has provided $38.7 million of financing against Clear Lake Reserve, a 199-unit townhome community in Pooler, Ga. The floating-rate loan, which has a three-year term, was arranged by JLL Capital Markets. A venture of Rockpoint, ...
A venture of North Signal Capital and EJF Capital LLC has lined up $115 million of financing against three industrial buildings within the RiverPort Commerce Park in Hardeeville, S.C., about 12 miles north of Savannah, Ga. Synovus and City National ...
Atlanta Business Chronicle Stockbridge Capital Group has purchased the 1.03 million-square-foot NFI Distribution Center in Rincon, Ga., about 20 miles north of Savannah, Ga. The San Francisco company bought the industrial property from a venture of Becknell Industrial and Goldman ...
Commercial Real Estate Direct Staff Report Hines Global Income Trust has paid $309 million for three industrial properties in Massachusetts, Georgia, and South Carolina. The non-traded REIT bought two of the properties from Davis Cos. of Boston. It paid $195.51 ...
Truist has provided $84 million of financing against the first phase of Logistics 16 at Ottawa Farms, a 1.01 million-square-foot industrial property in Savannah, Ga. The three-year loan, arranged by JLL Capital Markets, allowed the property's developer and owner, McCraney ...
Atlanta Business Chronicle Home Depot has bought a 1.4 million-square-foot distribution center in Savannah, Ga., for $145.5 million, or $103.93/sf. The Savannah Economic Development Authority sold the 325-acre industrial property, where the Atlanta-based home-improvement retailer has been occupying space since ...
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