To facilitate the latest deal, Wells Fargo Bank has provided a $49.07 million loan, which will be included in an upcoming CMBS conduit deal. The five-year loan pays a 6.05% coupon. Sparks Crossing was built in 2007 and is 96.8% ...
Commercial Real Estate Direct Staff Report Bridge33 Capital has paid $71.4 million, or $216.98/sf, for the 329,061-square-foot Sparks Crossing retail property in the Reno, Nev., suburb of Sparks, Nev. The Seattle investment firm acquired the property, at 101 Los Altos ...
The property is part of the collateral pool for a $1.45 billion loan that's securitized through BX Commercial Mortgage Trust, 2025-JDI. The floating-rate loan matures in November 2027 but comes with three one-year extension options, according to servicer data compiled ...
Commercial Property Executive Equus Capital Partners has paid $95.9 million, or $186.25/sf, for the 514,900-square-foot Greg Center industrial property in Sparks, Nev. The Newtown Square, Pa., investment manager acquired the four-building property from Link Logistics. The property is part of ...
Commercial Real Estate Direct Staff Report Westmount Realty Capital has paid $88.5 million, or $109.38/sf, for the 809,138-square-foot Lillard Drive Industrial portfolio in Sparks, Nev. The Dallas investor acquired the three-building property, at 350, 360, and 450 Lillard Drive, from ...
An affiliate of Sabra Health Care REIT has paid $37 million, or $411,111/unit, for Kiley Ranch, a 90-unit seniors housing property in Sparks, Nev. The Tustin, Calif., REIT acquired the property from its developer, Investcor Development. The property was built ...
Commercial Real Estate Direct Staff Report An affiliate of Sabra Health Care REIT has paid $37 million, or $411,111/unit, for Kiley Ranch, a 90-unit seniors housing property in Sparks, Nev. The Tustin, Calif., REIT acquired the property from its developer, ...
Commercial Property Executive Vantage Data Centers is planning to develop NV1, a 1 million-square-foot data-center campus in Sparks, Nev. The Denver company will build the $3 billion project at the southeast corner of Electric Avenue and USA Parkway, about 20 ...
Commercial Property Executive Novva Data Centers has unveiled Novva Tahoe Reno, a 300,000-square-foot data center at 3399 Peru Drive in Sparks, Nev. The West Jordan, Utah, company started work on the project two years ago. JPMorgan Chase provided a $200 ...
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