Crain’s Chicago Business A venture led by Pacific Life Insurance is offering for sale the 275-unit Milieu apartments in Chicago. JLL was hired to market the property, at 205 South Peoria St., in the city’s West Loop neighborhood....

Gem Realty Capital has paid $79 million for an equity stake in the 450,000-square-foot Axis Park North research and development property in the Boston suburb of Billerica, Mass. The Chicago investment manager bought its stake from a venture...

The following item has been corrected to clarify that CoreWeave bought only Building 11, which it already occupied, as well as an adjoining 27-acre parcel. It did not buy the entire complex. CoreWeave Inc. has paid $322 million...

Commercial Real Estate Direct Staff Report BXP Inc. has lined up an anchor tenant to take about 30% of the proposed 930,000-square-foot 343 Madison Ave. office building across the Grand Central Terminal commuter hub in midtown Manhattan. The...

Commercial Real Estate Direct Staff Report Sunrise Capital investors has purchased the Bourse Parking Facility, a 453-space parking garage at 400 Ranstead St. in Philadelphia for $25.3 million. The Clearwater, Fla., investment manager, which raises capital from accredited...

The Real Deal Bridge City Capital and Deutsche Bank have provided $320 million of financing to fund the conversion of par of the 1.2 million-square-foot office property at 80 Pine St. in Manhattan's Financial District into apartments. The...

Commercial Real Estate Direct Staff Report Highwoods Properties Inc. signed 102 leases for 923,096 square feet at its portfolio of 147 office properties with 26.2 million sf during the second quarter. That compares with the 909,009 sf of...

Commercial Real Estate Direct Staff Report Portman has paid $60 million, or $131,578/room, for the 456-room Westin Cincinnati hotel in the city's downtown. The Atlanta developer purchased the property, at 21 East 5th St., from Host Hotels &...

Commercial Real Estate Direct Staff Report Santander Bank has provided $22.6 million of mortgage financing against the 332-unit Villas de la Montana apartments in Tucson, Ariz. JLL Capital Markets arranged the loan, which pays a fixed coupon and...

Commercial Observer Wells Fargo Bank has provided $249.2 million of Freddie Mac financing for the 392-unit Anagram NoMad apartment property at 10 East 29th St. in Manhattan. The property is owned by Global Holdings Management Group, which purchased...

Commercial Real Estate Direct Staff Report Acadia Realty Trust has paid $50.32 million, or $2,313.36/sf, for 70 and 93 North 6th St., with a total of 21,713 square feet of retail space in the Williamsburg section of Brooklyn,...

Commercial Real Estate Direct Staff Report Investment manager 1754 Properties LLC has purchased the 319-room Marriott Winston-Salem for $56.15 million, or $176,019/room. The Weston, Fla., company, which gets its name from the year Columbia University was founded, bought...

Lenox Group has paid $30 million, or $121.60/sf, for the 230,255-square-foot Eden Square retail property in the Wilmington, Del., suburb of Bear, Del. The Atlanta investor bought the property, at 100 Eden Circle, from Acadia Strategic Opportunity Fund...

Commercial Observer AllianceBernstein has provided a $205 million loan against the 360-unit apartment property at 420 Carroll St. in the Gowanus section of Brooklyn, N.Y. The loan allows the property's developer, a venture of Domain Cos. and Silverstein...

Commercial Real Estate Direct Staff Report Sonnenblick-Eichner Co. has arranged $22.6 million of financing against the leasehold interest in the 213-room Hotel Valencia Riverwalk in downtown San Antonio, Texas. The five-year loan, provided by Goldman Sachs, allowed the...

Commercial Real Estate Direct Staff Report Poppy Bank has provided a $51 million letter of credit facilitating an issue of taxable bonds that were used to finance the 143-unit Weatherly Inn Renton seniors-housing property in the Seattle suburb...

Verizon Communications Inc. has leased 203,000 square feet at the 1.62 million-sf Penn 2 office property in midtown Manhattan. The space will house the telecom giant's Manhattan headquarters. The building, also known as 2 Penn Plaza, is owned...

Pacific Life Insurance Co. has provided $255 million of financing against the 598-unit Journal Square III apartment property at 595 Pavonia Ave. in Jersey City, N.J. The property is owned by a venture of Kushner Real Estate Group...

Commercial Real Estate Direct Staff Report Deutsche Bank has provided $435 million of financing against the 2.1 million-square-foot Starbucks Center mixed-use property that serves as the coffee company's headquarters. Newmark arranged the loan on behalf of the property's...

A venture of Namdar Realty Group and Klosed Properties has purchased the 128,000 square feet of retail space at 85 Jay St. in the Dumbo section of Brooklyn, N.Y. The venture is said to have paid $52.5 million,...

Commercial Real Estate Direct Staff Report Kilroy Realty Corp. has struck a deal to sell the 663,460-square-foot Mathilda Campus office property in the Silicon Valley city of Sunnyvale, Calif., for $365 million, or $550.15/sf. Kilroy, a Los Angeles...

Commercial Real Estate Direct Staff Report Paramount Group has lined up $900 million of mortgage financing against the 1.75 million-square-foot 1301 Ave. of the Americas office building in midtown Manhattan. The loan, which is being provided by Morgan...

The Real Deal MetLife has provided $262.6 million of mortgage financing financing against the 667,000-square-foot 2 Grand Central Tower office property in midtown Manhattan. The loan allows the property's owner, Rockwood Capital of San Francisco, to retire a...

Washington Business Journal The General Services Administration has tapped JLL to market for sale the 941,653-square-foot office property at 301 Seventh St. SW in Washington, D.C. The property is situated within L’Enfant Plaza and was constructed in the...

Commercial Property Executive NorthPoint Development has paid $96.3 million, or $135.11/sf, for the 712,733-square-foot Sierra View Business Park industrial property in the Sacramento, Calif., suburb of Roseville, Calif. The Kansas City, Mo., company bought the property, at 8860-8800...