Crescent Coast Partners has paid $30 million, or $145.83/sf, for the 205,725-square-foot Terraces at Copley office property in San Diego. The Los Angeles investment firm acquired the six-story property from Peakstone Realty Trust, an El Segundo, Calif., REIT,...

Commercial Real Estate Direct Staff Report The CRE Finance Council's latest board of governors' sentiment index increased 2.1% in the third quarter to 125.4, just shy of the all-time high of 126.6 set in the fourth quarter of...

Commercial Observer A bank group led by TD Bank has provided $83 million of mortgage financing against the 175,000-square-foot office property at 100 Crosby St. in the SoHo section of Manhattan. The property is owned by GFP Real...

Commercial Observer M&T Realty Capital Corp. has provided a $55.7 million loan against the 252-unit LiveWell Apartments in Pittsburgh. The property, at 550 Wood St., is a former 314,000-square-foot office building that was converted into apartments and is...

Commercial Real Estate Direct Staff Report The former One Shell Square office building in downtown New Orleans, facing the potential loss of its largest tenant, has had its appraised value cut in half to $89.9 million. The 1.25...

Csquare has paid $97 million for the 224,505-square-foot data center at 4650 and 4700 Old Ironsides Drive in the San Francisco Bay Area city of Santa Clara, Calif. The Dallas investment manager, previously known as Centersquare, acquired the...

Commercial Real Estate Direct Staff Report Nuveen has provided $72.3 million of financing to facilitate Stockdale Capital Partners' purchase of Quincy at Kierland, a 266-unit apartment property in Scottsdale, Ariz. Stockdale, a Los Angeles investment manager, bought the...

Commercial Real Estate Direct Staff Report LaSalle Investment Management's real estate debt strategy has provided $96.7 million of mortgage financing against three apartment properties with 640 units in Louisville, Ky. Last March, the investment manager launched LaSalle Real...

Commercial Real Estate Direct Staff Report Westmount Realty Capital has paid $88.5 million, or $109.38/sf, for the 809,138-square-foot Lillard Drive Industrial portfolio in Sparks, Nev. The Dallas investor acquired the three-building property, at 350, 360, and 450 Lillard...

Commercial Real Estate Direct Staff Report Ardent Cos. has provided $10 million of financing to fund the redevelopment of a former Rodeway Inn in Kissimmee, Fla., near the entrance to Walt Disney World, into an upscale Ascend Hotel....

Commercial Observer Blackstone has paid $45 million, or $2,192/sf, for the 20,526-square-foot mixed-use property at 113 Spring St. in the SoHo section of Manhattan. The investment giant acquired the property from Morgan Stanley, which bought it 10 years ago...

South Florida Business Journal Napleton Palm Beach Imports LLC has bought the 83,551-square-foot office building at 8000 West Sunrise Blvd. in Plantation, Fla., for $48.5 million, or $580.48/sf. Torburn Partners of Northbrook, Ill., sold the property, which is part of...

Orlando Business Journal Publix Super Markets Inc. has paid $130.4 million, or $316.52/sf, for a portfolio of six shopping centers in Florida and Georgia. The Lakeland, Fla., grocery store chain purchased the properties from Maury L. Carter Management...

Lument has provided $53.1 million of financing against the 266-unit South Bank at Quarry Trails apartment property in Columbus, Ohio. The two-year loan, which the ORIX Corp. subsidiary funded off its balance sheet, allowed the property's owner, Thrive...

Commercial Real Estate Direct Staff Report West Hive Capital has sold Western Plaza, a 28,190-square-foot retail center in Rancho Palos Verdes, Calif., a southern suburb of Los Angeles, for $24.5 million, or $869.10/sf. The Irvine, Calif., investment firm...

Yale Realty Services Corp. has paid $97.61 million, or $239.66/sf, for the 407,261-square-foot Landstown Commons shopping center in Virginia Beach, Va. The White Plains, N.Y., investor will pay an additional $3 million when a lease with Skechers for...

Commercial Real Estate Direct Staff Report Hines has paid $63.09 million, or $387.52/sf, for the 162,803-square-foot office and data center property at 9305 Lightwave Ave. in San Diego. The Houston investment manager acquired the property from GI Partners....

Commercial Real Estate Direct Staff Report The upcoming departure of the largest tenant at the New York Times Building in Midtown Manhattan has contributed to a 37% decline in the property's appraised value, to $635 million. A total...

Bisnow Summit Properties USA's $451.3 million bid to buy a portfolio of New York City apartment properties that Pinnacle Group threw into bankruptcy has been approved by the judge overseeing the case. The city tried to stall the...

Commercial Observer Atlas Capital Group has paid $112 million, or $861,538/unit, for the 130-unit apartment property at 250 East Houston St. in the East Village area of Manhattan. The New York developer acquired the 13-story property from a...

Commercial Observer MLG Capital has paid $100 million, or $294,117/unit, for the 340-unit PeachTree of McLean apartment property in the Washington, D.C., suburb of Falls Church, Va. The Brookfield, Wis., investment manager bought the property from Erkiletian of...

Brixmor Property Group has paid $138 million, or $299.17/sf, for the 461,269-square-foot Chino Spectrum Towne Center retail property in the Los Angeles suburb of Chino, Calif. The New York REIT acquired the property, at 3801-4097 Grand Ave., from...

Silicon Valley Business Journal Four Corners Properties has sold the 46,000-square-foot office property at 1540 El Camino Real in the San Francisco Bay Area city of Menlo Park, Calif., for $103.7 million, or $2,254/sf. The buyer could not...

Deutsche Bank has provided a $93.5 million loan to fund the conversion of the 147,101-square-foot office property at 830 Third Ave. in Manhattan into 188 apartment units. The property is owned by a venture of Namdar Realty Group...

Commercial Real Estate Direct Staff Report Reliant Group has paid $51.3 million, or $213,750/unit, for Villas at Lakewood, a 240-unit apartment property in Marysville, Wash., a northern suburb of Seattle. The San Francisco investment firm acquired the property,...