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Douglas Emmett Inc. has paid $75.3 million, or nearly $349/sf, for the Carthay Campus, a 216,000-square-foot office complex in West Los Angeles. The Santa Monica, Calif., REIT bought the two-building complex, at 6310-6330 San Vicente Blvd., from a venture of ...
True North Management Group has raised $70 million of the $650 million it's seeking for an investment fund that is focused on originating and buying mezzanine and bridge debt. The White Plains, N.Y., investment manager's True North Real Estate Fund ...
Riverside Resources is offering for sale an office complex with 445,322 square feet in its home city of Austin, Texas. CBRE has the listing for the 12-building property, Austin Oaks, on 38 acres along the North Mopac Expressway corridor. It ...
Houston CityBizList Beacon Investment Properties has bought One City Centre, a 609,000-square-foot office property in downtown Houston. The Hallandale Beach, Fla., investment group teamed up with a pair of Israeli financial institutions, Menorah Mivtachim and Psagot, to buy the class-A ...
Commercial Real Estate Direct Staff Report True North Management Group has paid $18.3 million for Hookston Square, a 210,204-square-foot office property in Pleasant Hill, Calif. The office building had served as collateral for a $29.5 million loan that had been ...
Sacramento Business Journal Jones Lang LaSalle has been chosen as receiver for the Senator Hotel office building in Sacramento, Calif. The property, at 1121 L. St., is collateral for a $36.9 million mortgage that was transferred to special servicer LNR ...
Oakland Tribune The owner of Hookston Square, a 200,000-square-foot office complex in Pleasant Hill, Calif., is facing foreclosure. A partnership controlled by Griffin Capital, an El Segundo, Calif., realty investment firm, owns the two-building property, which is about 85 percent ...
Boston Business JournalDassault Systemes has agreed to lease up to 325,000 square feet of office and laboratory space in the Boston suburb of Waltham, Mass.The lease, the largest in the greater Boston area this year, would have the software company ...
Expected losses from loans in special servicing have prompted Moody's Investors Service to place 15 classes of Greenwich Capital Commercial Funding Corp., 2005-GG5, on review for possible downgrades.A total of 19 loans with a balance of $668.8 million are with ...
Pacific Coast Business TimesOwners of the 135-room Country Inn & Suites in Port Hueneme, Calif., have been hit with a foreclosure suit. The property is part of a portfolio of California hotels with 665 rooms that is backed by a ...
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