Deal Name: Bear Stearns Commercial Mortgage Securities Trust

The Connor Group has been identified as the $60 million buyer of Addison Place, a 403-unit apartment property in the Atlanta suburb of John's Creek, Ga. The Dayton, Ohio, apartment investor purchased the property from Roberts Realty Investors Inc., which ...

Crain's Detroit Business Valassis Communications Inc. has sold three buildings in Windsor, Conn., for $29 million. The Livonia, Mich., newspaper coupon maker and direct-mail services company acquired the buildings as part of its acquisition of Advo Inc. last year for ...

Manhattan's multifamily property rents have remained essentially flat this year, but have significantly increased in some neighborhoods. "Summer is a season when rents should be rising and inventory should be falling, yet there has been remarkably little change," says the ...

Crain's New York Business Metropolitan Life Insurance Co. wants to sublease up to 150,000 square feet at 1095 Sixth Ave. in Manhattan. The move could put added downward pressure on rents in Manhattan, where other major tenants looking to sublease ...

Pittsburgh Post-Gazette Simon Property Group is carrying out a major re-tenanting of its Ross Park Mall in suburban Pittsburgh. Louis Vuitton, Burberry, True Religion Jeans, Michael Kors, Tiffany & Co., L.L. Bean and Nordstrom are among the retailers that will ...

Commercial Real Estate Direct Staff Report The Tribune Co. is planning to place two of its historic properties, Tribune Tower in Chicago and Times Mirror Square in Los Angeles, on the sales block. Sam Zell, chief executive officer of the ...

Fitch Ratings has placed 7 classes of JPMorgan Chase, 2007-FL1, on ratings watch negative, due to a decline in net cash flow from three hotels and casinos in Atlantic City, N.J., and Tunica, Miss. The rating agency said it would ...

By Jeff Mordock, Commercial Real Estate Direct Staff Writer About 1.4 million square feet of office space in Indianapolis has been placed on the sales block since mid-May, roughly half of the 3 million sf of space that was offered ...

Jim Shore, the deputy district attorney of Santa Clara and San Mateo Counties in California, has joined Page Mill Properties as general counsel. Shore served as deputy district attorney in the two northern California counties for 20 years and served ...

ProMed Properties has paid about $17 million, or $316/sf, for a 53,702-square-foot office building in Miami. Sunset Associates Ltd. sold the property in a deal brokered by Marcus & Millichap. The six-story building sits on 1.41 acres at 6280 Sunset ...