Deal Name: 2006-PWR12

Federal Realty Investment Trust has paid $29.5 million, or nearly $107.75/sf, for Hastings Ranch Plaza, a 273,844-square-foot retail center in Pasadena, Calif. The property, at 3801-3883 East Foothills Blvd., is fully leased and anchored by a Sears, Marshalls, which occupies ...

Crown NorthCorp Inc. has sued Bank of America in an effort to get the bank to buy back all the loans that were securitized through two small CMBS transactions that were issued in 2006. The Columbus, Ohio, special servicer earlier ...

Commercial Real Estate Direct Staff ReportJ Schottenstein Property Group has filed to raise up to $517.5 million through an initial public offering of common shares.The Columbus, Ohio, company, led by Jay L. Schottenstein, owns 156 properties, primarily power retail centers, ...

A subsidiary of CB Richard Ellis Realty Trust has completed the $95 million acquisition of a seven-property warehouse portfolio. The properties and their sales prices are:- Rickenbacker II, with 434,120 square feet in Columbus, Ohio. Price: $8.75 million.- Rickenbacker III, ...

Duke Realty has completed the sale of the first tranche in a 20-property portfolio to a venture it has formed with CB Richard Ellis Realty Trust.The entire portfolio will be sold for $516.65 million.The properties sold and their allocated sales ...

Corporate Property Associates 17-Global Inc., a non-traded REIT sponsored by W.P. Carey & Co., has paid $258 million for 29 distribution centers and four office buildings with 3.57 million square feet in the United Sates and Canada.The New York firm ...

Commercial Real Estate Direct Staff Report Archstone, a multifamily operator and developer, is offering for sale a 539-unit apartment complex in Arlington, Va., that's been attracting offers of up to $180 million. The suburban Washington, D.C., property, Crystal Plaza at ...

United Group of Albany, N.Y., has listed for sale a fully-leased office building with 104,268 square feet in Malta, N.Y., with an $18 million asking price.Marcus & Millichap has the listing for the building at 107 Hermes Road in the ...

Crain's Chicago BusinessCentrum Properties has put on the sales block its Roosevelt Collection mixed-use project in Chicago's South Loop area. Holliday Fenoglio Fowler has been tapped to market the property, which cost $350 million to develop on Roosevelt Road, just ...

Washington REIT has sold a Maryland office building for $27.5 million and three Maryland industrial buildings for a total of $23 million. The Rockville, Md., REIT had purchased The Ridges, a 104,000-square-foot office building at 200 Orchard Ridge Drive, in ...