City: Wilmington

Commercial Real Estate Direct Staff Report A portfolio of three Wilmington, Del., office buildings backing distressed CMBS debt are scheduled for sheriff's sale next month. The buildings, with 305,398 square feet at 200, 300, and 400 Bellevue Parkway, serve as ...

Boston Business Journal An affiliate of Fidelity Investments has paid $100 million, or $420.17/sf, for a 238,000‑square‑foot warehouse property at 800 Salem St. in the Boston suburb of Wilmington, Mass. The Boston investor purchased the industrial property from a venture ...

Pearlmark Real Estate has provided a $70 million loan against the 525,000-square-foot Tri-State Distribution Center in Claymont, Del., near Wilmington, Del. The three-year loan, arranged by JLL Capital Markets, allowed the property's owner, a venture of KPR Centers LLC and ...

Triangle Business Journal Edgewater Ventures has lined up two tenants for more than 305,000 square feet at its Edgewater Commerce Center in Leland, N.C., about 15 northwest of downtown Wilmington, N.C. The Raleigh, N.C., company is leasing 200,000 sf to ...

Commercial Observer Buccini Pollin Group has lined up $50.5 million of financing against the 203-unit Crosby Hills Apartments at 517 North Shipley St. in Wilmington, Del. MF1 Capital provided a $45 million senior loan, while Pearlmark provided $5.5 million of ...

Commercial Observer A lender group led by Apollo Global Management and Pearlmark has provided $103 million of financing to fund the second phase of the conversion of the former DuPont headquarters in downtown Wilmington, Del., into apartments. The second phase ...

Bisnow Amazon.com Inc. has leased the entire 237,800-square-foot industrial property at 800 Salem St. in the Boston suburb of Wilmington, Mass. The property is owned by a venture of Camber Development and Wheelock Street Capital, which constructed it last year. It ...

The Independence Mall in Wilmington, N.C., has been purchased by 4th Dimension Properties, according to WECT News. The Hollywood, Fla., mall owner, founded in 2019 by by Felix Reznick, a long-time real estate attorney, bought the 46-year-old property, at 3500 ...

Lenox Group has paid $30 million, or $121.60/sf, for the 230,255-square-foot Eden Square retail property in the Wilmington, Del., suburb of Bear, Del. The Atlanta investor bought the property, at 100 Eden Circle, from Acadia Strategic Opportunity Fund IV, a ...