South Florida Business Journal A company managed by Carols and Thomas Morrison has paid $13.81 million, or about $91.95/sf, for a pair of office buildings with a total of 150,198 square feet in West Palm Beach, Fla. The buildings, at ...
AZ Central Dimension Financial & Realty Investments Inc. has acquired the 380,000-square-foot Fiesta Mall in Mesa, Ariz., for $6.72 million, or $18/sf. The retail property at 1445 West Southern Ave. backs an $83 million loan that's securitized through Banc of America ...
Commercial Real Estate Direct Staff Report CBL & Associates Properties is in talks to possibly extend the term of the $124.7 million CMBS loan against its Acadiana Mall in Lafayette, La. The loan, securitized through Banc of America Commercial Mortgage ...
The Fiesta Mall in Mesa, Ariz., is finally being put up for sale. The property backs an $83 million CMBS loan that has been in the hands of special servicer LNR Partners Inc. for the past four years. It recently ...
NGKF Capital Markets has been tapped to offer for sale the Mesa Mall in Grand Junction, Colo. A total of 560,264 square feet of the 873,831-sf retail property serves as collateral for an $87.3 million CMBS loan that transferred to ...
Commercial Real Estate Direct Staff Report Texas developer G.L. "Buck" Harris bought the Marley Station mall in the Baltimore suburb of Glen Burnie, Md. Harris, from Fort Worth, bought the retail property, at 7900 Governor Ritchie Highway, for $21.5 million ...
Commercial Real Estate Direct Staff Report Mesa Mall, an 873,831-square-foot enclosed shopping center in Grand Junction, Colo., has been appraised at a value of $71.5 million. The appraisal, highlighted this morning in a TreppWire report, compares with the property's $112.8 ...
Cypress Equities has purchased the Flagstaff Mall, a 388,607-square-foot enclosed shopping center in Flagstaff, Ariz., that had been encumbered by a $37 million CMBS loan. The Dallas investment manager bought the mall from Banc of America Commercial Mortgage Corp., 2005-6, ...
General Growth Properties last month bought out its partner's interest in the Riverchase Galleria shopping center in suburban Birmingham, Ala., paying $33.8 million for its 50-percent stake. It also paid off the property's modified CMBS loan and will leave the ...
A group led by PNC Bank has provided $174.7 million of financing against a portfolio of six retail properties with 1.5 million square feet in the Southeast. The portfolio is owned by DDRTC Core Retail Fund, a venture of TIAA ...
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