Commercial Real Estate Direct Staff Report Piedmont Realty Trust has sold the 321,208-square-foot office complex at 80 and 90 Central St. in the Boston suburb of Boxborough, Mass., for $29.5 million, or $91.84/sf. The Atlanta REIT sold the...

Wesley LePatner, chief executive of Blackstone Real Estate Income Trust Inc., was among those killed in yesterday's shooting at 345 Park Ave. in midtown Manhattan, according to a report in the New York Post. LePatner, 43, was shot...

Mesa West Capital has provided $55 million of mortgage financing against the 186-room Burton House Beverly Hills hotel at the southern end of Beverly Hills, Calif. The loan allowed the property's owner, Seaview Investors of Newport Beach, Calif.,...

Canyon Partners Real Estate has provided $106.3 million of financing against the 248-unit Saint Grand apartment property in Chicago. JLL Capital Markets arranged the loan on behalf of the property's developer and owner, Mavrek Development of Chicago. Construction...

Commercial Real Estate Direct Staff Report Empire State Realty Trust Inc. recorded 221,776 square feet of office leasing during the second quarter. While that was down from the 261,311 sf it recorded a year ago, the bulk of...

Affinius Capital has provided $340 million of mortgage financing against the 603-unit apartment property at 313 Bond St. in the Gowanus section of Brooklyn, N.Y. The loan allows the property's developer, Sky Equity Group of New York, to...

Crain's Chicago Business Park Hotels & Resorts is offering for sale the 403-room Midland Hotel Chicago in the city's Loop neighborhood. The Tysons, Va., REIT hired JLL to market the property, at 172 West Adams St., which it...

Triangle Business Journal EastGroup Properties has bought the 250,541-square-foot life-sciences building at 2360 Ferrell Road in Durham, N.C., for $47 million, or $187.59/sf. The Ridgeland, Miss., REIT purchased the property from a venture of Scannell Properties and Manulife...

Charlotte Business Journal Weidner Apartment Homes has bought the CityPark View Apartments, a 448-unit complex in Charlotte, N.C., for $61.2 million, or $136,607/unit. The Kirkland, Wash., company purchased the property from Preferred Apartment Communities of Atlanta. CityPark View, at...

Thorofare Capital has provided $36.04 million in financing to Olive Co. to refinance a land-acquisition loan and fund the completion and lease-up of the first phase of the McCarty Park industrial complex in San Marcos, a suburb of...

Commercial Real Estate Direct Staff Report JPMorgan Investment Management Inc. has paid $243.5 million, or $518,535/unit, the 418-unit Riverbank apartment property in Manhattan's Hell's Kitchen neighborhood. The investment manager bought the property from Barings LLC's RB Apartments operation,...

UBS' Unified Global Alternatives operation has made a $30 million investment in the 767-unit 20 Exchange Place apartment property in Manhattan's Financial District. The property is owned by a venture of Dermot Co. and Dutch pension fund PGGM,...

Commercial Real Estate Direct Staff Report CONAM has acquired Reverb at Spring Valley, a 180-unit apartment property in Las Vegas. The purchase price could not be learned immediately. The San Diego investment manager, formed in 1975 as a...

Parkview Financial has provided $64 million of financing for the construction of the 248-unit Haven + Arrow apartment complex in Rancho Cucamonga, Calif. Westport Construction of Monrovia, Calif., is building the property at 8500 Haven Ave., about 40...

Puget Sound Business Journal BentallGreenOak has paid $176 million, or $233.73/sf, for a 753,000-square-foot industrial building at 6921 192nd St. East in Frederickson, Wash. The Miami investment firm acquired the property from its developers, Panattoni and Crow Holdings,...

Biloxi Sun Herald CBL Properties has sold The Promenade shopping center in the Biloxi, Miss., suburb of D’Iberville, Miss., for $83.1 million, or $133.82/sf. The Chattanooga, Tenn., REIT sold the 621,000-square-foot retail property to an unidentified investor. The...

Commercial Real Estate Direct Staff Report An affiliate of KKR & Co. has provided $79.03 million of mortgage financing against the 253-unit Cortland Biltmore apartment property in Phoenix. The financing pays a fixed-rate coupon and was secured on...

Commercial Real Estate Direct Staff Report A venture of Agus Holdings and Treeco has paid $40 million, or nearly $182/sf, for the 219,848-square-foot Golden Acres shopping center in the New York suburb of South Plainfield, N.J. The venture—both...

  Class Amt $mln Sub Level % Avg Life (yrs) Rating Moody's Rating Fitch Rating Kroll Price % Yield % Final Pricing (bp) Bnch mrk A-1 0.56 30.00 2.29 Aaa AAA AAA 99.99931 4.61249 +80 J-spread A-2 115.00...

Commercial Real Estate Direct Staff Report Hillwood has paid $44.5 million, or $172.43/sf, for Blue Cactus Logistics, a 258,075-square-foot industrial property in Surprise, Ariz., a city that's 19 miles northwest of Phoenix. The Dallas company bought the property,...

DiamondRock Hospitality Co. has extended the maturity dates of a $1.2 billion credit facility it has and negotiated an increase in its size, to $1.5 billion. It will use the $300 million of extra credit to pay off...

South Florida Business Journal An affiliate of CGI Merchant Group, which owns the 140-room Park Central Hotel in Miami Beach, Fla., has been hit with a foreclosure suit. CGI 640 Ocean Management paid $81.45 million for the property...

Atlanta Business Chronicle Invesco Real Estate has bought Georgia Crossing, a 317,000-square-foot retail property in Buford, Ga., for $82.25 million, or $259.46/sf. The Atlanta company purchased the shopping center from Washington Prime Group in a deal brokered by...

Commercial Real Estate Direct Staff Report The Boston area recorded 2 million square feet of office leasing during the second quarter, down from the 2.3 million sf that was leased a year ago, according to Newmark. But the...

San Francisco Business Times Lakeside Group has paid $97.5 million, or $401,234/unit, for the Grand, a 243-unit apartment property in Oakland, Calif. The local investor acquired the property, at 100 Grand Ave., from its developer, Essex Property Trust,...