Commercial Real Estate Direct Staff Report The venture between Hudson Pacific Properties Inc. and Macerich Co. that owns the Westside Pavilion shopping center in West Los Angeles has defeased, or replaced with government securities, the property's $139 million CMBS loan. ...
Commercial Real Estate Direct Staff Report The $140.3 million CMBS loan against the Westside Pavilion shopping center in West Los Angeles is likely to be defeased, or replaced by government securities, by the end of the year. The loan, securitized ...
Commercial Real Estate Direct Staff Report The departure of Macy's and Nordstrom as anchor tenants at the Westside Pavilion shopping center in Los Angeles has prompted the transfer of the property's $142 million CMBS loan to special servicing. The loan ...
South Florida Business Journal Saks Fifth Avenue Off 5th has signed a 10-year lease for 23,343 square feet at Somerset Shoppes, a 180,000-sf retail center in Boca Raton, Fla. The high-end retailer is taking the space that was previously occupied ...
Moody National REIT I has agreed to pay $11.4 million, or about $89,764/room, for the 127-room TownePlace Suites by Marriott - Newark/Silicon Valley at 39802 Cedar Blvd. in Newark, Calif. The REIT plans to finance the purchase with proceeds from ...
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