Hines has completed its $120 million acquisition of 101 N. Wacker, a 600,000-square-foot office building in Chicago's West Loop.The Houston firm purchased the building on behalf of its U.S. Office Value Added Fund II from Tishman Speyer, which...

Digital Realty Trust Inc. has paid $53 million for a pair of datacenters with a combined 310,000 square feet in St. Louis.The two buildings are 900 Walnut St., with 110,000 sf that is fully leased, and 210 Tucker...

Hines has completed its $120 million acquisition of 101 N. Wacker, a 600,000-square-foot office building in Chicago's West Loop.The Houston firm purchased the building on behalf of its U.S. Office Value Added Fund II from Tishman Speyer, which...

Cia Buckley, the head of the United States fund business of JER Partners, has joined Dune Capital Management as managing director and principal.She was also named partner of Dune Real Estate Partners, which is investing a $727 million fund...

Citigroup has provided $35.6 million of permanent financing for a 1,500-space parking garage next to the T.F. Green International Airport in Warwick, R.I.The 10-year loan was provided to New England Parking Co., which used it to refinance the...

The venture led by KBS REIT that is paying $515.9 million for a portfolio of 24 industrial properties has lined up $413 million of financing for the acquisition.KBS, a non-traded REIT managed by KBS Realty Advisors of Newport...

Digital Realty Trust Inc. has paid $53 million for a pair of datacenters with a combined 310,000 square feet in St. Louis.The two buildings are 900 Walnut St., with 110,000 sf that is fully leased, and 210 Tucker...

Cia Buckley, the head of the United States fund business of JER Partners, has joined Dune Capital Management as managing director and principal.She was also named partner of Dune Real Estate Partners, which is investing a $727 million fund...

Citigroup has provided $35.6 million of permanent financing for a 1,500-space parking garage next to the T.F. Green International Airport in Warwick, R.I.The 10-year loan was provided to New England Parking Co., which used it to refinance the...

The venture led by KBS REIT that is paying $515.9 million for a portfolio of 24 industrial properties has lined up $413 million of financing for the acquisition.KBS, a non-traded REIT managed by KBS Realty Advisors of Newport...

An affiliate of Behringer Harvard has agreed to pay $73 million for a portfolio of three Houston office buildings with a combined 579,000 square feet.The Dallas investment manager is buying the properties through its Behringer Harvard Opportunity REIT...

Commercial Real Estate Direct Staff ReportAfter more than a month of steady widening, spreads on AAA-rated CMBS have firmed substantially.A near deluge of transactions late last week notwithstanding, spreads on super-senior AAA bond classes tightened to 57-59 basis...

ScanlanKemperBard Cos. has paid $61.5 million for two office properties totaling 166,861 square feet in suburban San Francisco.The Portland, Ore., real estate firm purchased the 43,661-sf Berkeley Tower in downtown Berkeley, Calif., and the 123,200-sf Jackson Center I...

KBS REIT has agreed to pay $33.1 million for ADP Plaza, a 180,772-square-foot office building in Portland, Ore.The non-traded REIT, which is managed by KBS Realty Advisors, a Newport Beach, Calif., investment manager, is buying the four-story building...

Commercial Real Estate Direct Staff ReportReturns from institutional investors' commercial property holdings increased in the second quarter to 4.59 percent, up 97 basis points from the preceding quarter. Meanwhile, cap rates, or initial yields, on the holdings dropped...

Bascom Group has paid $15.8 million for Harbor Terrace, a 100-unit apartment complex in Santa Ana, Calif.The Irvine, Calif., investor purchased the property from a private group operating as Donbev Prop II LTD, which marketed it through Marcus...

An affiliate of Behringer Harvard has agreed to pay $73 million for a portfolio of three Houston office buildings with a combined 579,000 square feet.The Dallas investment manager is buying the properties through its Behringer Harvard Opportunity REIT...

Commercial Real Estate Direct Staff ReportReturns from institutional investors' commercial property holdings increased in the second quarter to 4.59 percent, up 97 basis points from the preceding quarter. Meanwhile, cap rates, or initial yields, on the holdings dropped...

Commercial Real Estate Direct Staff ReportAfter more than a month of steady widening, spreads on AAA-rated CMBS have firmed substantially.A near deluge of transactions late last week notwithstanding, spreads on super-senior AAA bond classes tightened to 57-59 basis...

Bascom Group has paid $15.8 million for Harbor Terrace, a 100-unit apartment complex in Santa Ana, Calif.The Irvine, Calif., investor purchased the property from a private group operating as Donbev Prop II LTD, which marketed it through Marcus...

ScanlanKemperBard Cos. has paid $61.5 million for two office properties totaling 166,861 square feet in suburban San Francisco.The Portland, Ore., real estate firm purchased the 43,661-sf Berkeley Tower in downtown Berkeley, Calif., and the 123,200-sf Jackson Center I...

KBS REIT has agreed to pay $33.1 million for ADP Plaza, a 180,772-square-foot office building in Portland, Ore.The non-traded REIT, which is managed by KBS Realty Advisors, a Newport Beach, Calif., investment manager, is buying the four-story building...

A fund sponsored by BPG Properties Ltd. has paid $23.9 million for Winterwood Pavilion, a 144,653-square-foot retail center in Las Vegas.The property, at 2208-2292 S. Nellis Blvd., is 90 percent leased to tenants such as Aaron Rents, Carl's...

An Arcadia, Calif., investor has paid $21.9 million for Bryant Ranch Shopping Center, an 89,692-square-foot retail property in the Los Angeles suburb of Yorba Linda, Calif.The buyer, which operates as First Duarte Bryant Ranch LLC, purchased the property...

ING Clarion Partners has acquired a joint-venture interest in the Village Shopping Center, a 212,116-square-foot retail property in Boulder, Colo., in a deal valued at $55.5 million. The New York investment manager purchased the property on behalf of...