Government Agency Relocating D.C. Offices, Taking Less Space
April 25, 2024
400,000-SF Industrial Project Planned for Silver Spring, Md.
April 25, 2024
Hines Global REIT Inc. has paid $31.3 million for Southpark Commerce Center II, a 372,125-square-foot industrial-flex complex in Austin, Texas. The Houston non-traded REIT purchased the four-building property, at the intersection of Interstate 35 and Highway 71, from KBS REIT ...
Commercial Real Estate Direct Staff ReportEola Capital Inc., an Orlando, Fla., real estate company that last year acquired a general partnership interest in a large portfolio of office properties, is looking to take those and other properties it owns public.The ...
Boston Properties Inc. has agreed to pay $930 million for the John Hancock Tower office complex in Boston.The Boston REIT is buying the property, which is comprised of a 1.7 million-square-foot office tower at 200 Clarendon St. and a 2,013-space ...
The 390-room Hyatt Regency Bethesda went delinquent on its $140 million securitized mortgage. The loan had been moved to special servicing late last year because of the expectation that it would default. The loan was securitized through Greenwich Capital Commercial ...
Commercial Real Estate Direct Staff ReportRoughlya week after it began amortizing, a $140 million loan against a 390-room hotelin Bethesda, Md. was moved to special servicing because of its imminentdefault.Thedebt against the Hyatt Regency Bethesda at 7400 Wisconsin Ave. is ...
Commercial Real Estate Direct Staff ReportBroadway Partners had sold a big chunk of Boston's John Hancock Tower complex in 2006, so its cost basis in the part of the complex that was taken over by a venture of Normandy Real ...
Commercial Real Estate Direct Staff ReportA venture of Normandy Real Estate Partners and Five Mile Capital Partners, as expected, has acquired Boston's John Hancock Tower, as well as 10 Universal City Plaza in Universal City, Calif., for $965 million.The venture ...
Boston GlobeThe mezzanine-debt holders on Boston's John Hancock Tower plan to auction the 1.8 million-square-foot office complex on March 31. The lenders, which include Normandy Real Estate Partners and Five Mile Capital Partners, have hired SL Green Realty Corp. to ...
Wall Street JournalSome of the holders of $472.2 million of mezzanine debt on Boston's John Hancock Tower are pushing for a foreclosure of the 1.8 million-square-foot trophy office complex. As reported, the mezzanine debt had its final maturity earlier this ...
A report in the Boston Herald says that Broadway Partners has "defaulted on a key loan payment" on the debt backed by its John Hancock Tower office property in Boston.The New York investment manager made the Dec. 12 mortgage payment ...
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