Deal Name: Bear Stearns Commercial Mortgage Securities Inc.

First Niagara Bank and Principal Real Estate Investors have provided $65.5 million of debt financing against Park Place, a 351,684-square-foot office property in Florham Park, N.J. The mortgage, arranged by HFF, replaced a $50.9 million loan that was securitized through ...

Westcore Properties has paid $52.7 million, or $318/sf, for 1390 and 1400 Kifer Road, a 165,497-square-foot office and data-center property in Sunnyvale, Calif. The San Diego investment manager bought the property, comprised of a three-story office building and single-story data ...

Greenbridge Investment Partners has paid $25 million, or $61.50/sf, for the Seattle Design Center, a 406,459-square-foot office and showroom center in Seattle. The Beverly Hills, Calif., investor bought the property from Hines in a deal brokered by Madison Partners of ...

Commercial Real Estate Direct Staff Report Capital One Multifamily Finance has written a $165 million Freddie Mac loan against West Coast, a 325-unit apartment property at 95-97 Horatio St. in Manhattan. The 10-year mortgage replaces an $85 million loan that ...

Albany Business Journal A group of Brooklyn, N.Y., investors has paid $33 million, or roughly $194/sf, for 677 Broadway, a 170,000-square-foot office building in Albany, N.Y. It acquired the 12-story building from Columbia Development Cos. The property serves as collateral ...

Boston Properties has retired the $63 million CMBS loan against the New Dominion Technology Park, a 257,400-square-foot office property at 499 Grove St. in Herndon, Va. The Boston REIT retired it with some of the $1.1 billion of cash it ...

Cincinnati Business Courier Huntington Bank is considering relocating its headquarters into as much as 60,000 square feet at 525 Vine St. in Cincinnati, a 395,000-sf office building that backs a $21.8 million loan that's securitized through Bear Stearns Commercial Mortgage ...

  Commercial Real Estate Direct Staff Report The sale of the Towers at Wyncote, a 1,086-unit apartment property in suburban Philadelphia, has resulted in $24.4 million of losses to the CMBS deal that held what once was a $136 million ...

The $35.2 million CMBS loan against the Great Northern Mall near Syracuse, N.Y., has been extended for two additional years, according to TreppWire. The loan is the largest in the collateral pool of Bears Stearns Commercial Mortgage Securities Trust, 2004-PWR3, ...

Wells Fargo Bank has committed to provide up to $154 million of financing against the Marquis Apartments, a 642-unit complex in the Philadelphia suburb of King of Prussia, Pa. The property, at 251 West DeKalb Pike, was purchased late last ...