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Commercial Real Estate Direct Staff Report LNR Partners has listed for sale the Public Ledger Building, a 535,382-square-foot office property in downtown Philadelphia that had served as collateral for a $41.2 million CMBS loan. The 12-story property, at 150 South ...
Crain's New York Business The State Teachers Retirement System of Ohio is offering for sale a 49 percent stake in 590 Madison Ave., a 1 million-square-foot office building in Manhattan. CBRE has the listing. The sale of the stake could ...
Charlotte Business Journal A venture of Trinity Capital Advisors, Stockbridge Capital Group and Madison International Realty has bought a pair of office buildings with 158,874 square feet in the Toringdon office park in Charlotte, N.C. An affiliate of LNR Partners ...
Meridian Group, a Bethesda, Md., investment manager focused on the greater Washington, D.C., market, has registered to raise up to $250 million for its second real estate investment fund. Its first fund raised $160 million of equity commitments and has ...
Boston Business Journal State Street Corp. has begun moving employees to the 500,000-square-foot Channel Center office building that was recently completed in south Boston. As a result, it's vacating 359,122 sf at the John Hancock Tower, a 1.7 million-sf office ...
New York Post MediaMath, an online software developer, is finalizing a lease for 120,000 square feet at Four World Trade Center, a 2.3 million-sf office building in lower Manhattan. The company currently occupies space at 1440 Broadway, a 756,000-sf property ...
New York Observer Blackstone Group has completed the sale of the 2.2 million-square-foot Southfield Town Center in the Detroit suburb of Southfield, Mich. The New York investment manager sold the property to the 601W Cos. for $177.5 million, or about ...
Commercial Real Estate Direct Staff Report The Morris Business Campus, a 329,850-square-foot office complex in Morris Plains, N.J., has been sold to JMF Property Group for $6.3 million. The property, at 1000, 1100 and 1200 The American Road, had been ...
Columbus Business First CWCapital Asset Management, acting as special servicer for Greenwich Capital Commercial Funding Corp., 2005-GG3, has filed to foreclose on a $5.2 million loan backed by a 124,929-square-foot office complex in Dublin, Ohio. The debt, which is securitized ...
The Journal News A $27.1 million CMBS loan against 3 Westchester Park Drive, a 161,000-square-foot office building in West Harrison, N.Y., has defaulted. The CMBS trust that holds the loan, Greenwich Capital Commercial Funding Corp., 2006-GG7, has filed a foreclosure ...
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