David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
property type: Office
Houston’s Greenway Plaza Sells, Subject to Assumption of $416.2Mln CMBS Loan
Commercial Real Estate Direct Staff Report Interra Capital Group has acquired the 4.5 million-square-foot Greenway Plaza office complex in Houston, subject to the assumption of its $416.2 million mortgage. The Houston investment manager, led by Jack Polatsek, focuses on distressed ...
Houston’s 5300 Memorial Office Building Gets New Owner
Houston Business Journal Camco Investment Group has bought the 153,671-square-foot office building at 5300 Memorial Drive in Houston. The Dallas company purchased the property from Equus Capital Partners of Newtown Square, Pa., in a deal brokered by JLL. The sales ...
Werner to Pay $40Mln for Office Building Near Times Square in Manhattan
The Real Deal David Werner Real Estate Investments has agreed to pay about $40 million, or $207.25/sf, for the 193,000-square-foot office property at 311 West 43rd St. near Times Square in Manhattan's Hell's Kitchen area. The New York investor is ...
Federal Government Building-Use Findings Signal Property Sales Ahead
The General Services Administration recently found that none of the 9,766 buildings the government occupies meet the 60% utilization threshold mandated by the USE IT Act, which could accelerate its property disposition efforts.
Downtown Brooklyn, N.Y., Office Sells for $55Mln
Hoodline Gindi Capital has paid $55 million, or $337.42/sf, for the 163,000-square-foot office property at 25 Elm Place in downtown Brooklyn, N.Y. The Gindi family office—Ralph Gindi founded the Century 21 department store chain in 1961—bought the 106-year-old property from ...
Barings Lends $156.7Mln for Purchase of Chicago Office Property
Crain's Chicago Business Barings has provided $156.7 million of financing to facilitate Onni Group's purchase of the 1.1 million-square-foot office property at 161 North Clark St. in Chicago. Onni, of Vancouver, British Columbia, paid $125 million, or $113.64/sf, for the ...
JPMorgan Lending $282.5Mln Against Manhattan’s 1325 Ave. of the Americas Office
Commercial Real Estate Direct Staff Report JPMorgan Chase Bank has agreed to provide $282.5 million of mortgage financing against the 825,905-square-foot office property at 1325 Ave. of the Americas in Manhattan. The five-year loan is slated to be securitized through ...
Lower Manhattan Office Seen Selling for $100Mln; Apartment Conversion Eyed
The Real Deal A venture of Metro Loft Management and Quantum Pacific Group has agreed to pay about $100 million, or $262.54/sf, for One Whitehall St. in Lower Manhattan, with plans to convert the 380,895-square-foot office building into apartments. The ...
568,811-SF Office Complex in Charlotte, N.C., Comes to Sales Market
Charlotte Business Journal Ares Management Corp. is offering for sale ThExchange, a 568,811-square-foot office complex in Charlotte, N.C. The Los Angeles investment manager has tapped CBRE to market the 14-building property. It took title to the property in late 2024 ...
CMBS Trust Sells 2 Neighboring Buildings in Manhattan for $54Mln
Commercial Real Estate Direct Staff Report Aurora Capital Associates has paid $54 million, or $675/sf, for the 80,032-square-foot Scribner Building and its neighboring Redfern Building in Midtown Manhattan. The Cayre family office, which is led by Robert Cayre, bought the ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
