property type: Office
Proposed Buyer of Manhattan’s 452 Fifth Office Building Lost $35Mln Deposit
The Real Deal Innovo Property Group, which late last year had struck a deal to buy the 864,303-square-foot office building at 452 Fifth Ave. in midtown Manhattan, hasn't completed its purchase and lost its $35 million deposit. Innovo was to ...
$231Mln Loan Against 2 Manhattan Offices Fail to Refinance
Commercial Real Estate Direct Staff Report The $231 million CMBS loan against 260 and 261 Madison Ave., a pair of office buildings with 923,277 square feet in midtown Manhattan wasn't paid off when it matured earlier this month. A $126 ...
Hines Buys Salt Lake City Office Property; Conversion to Apartments Planned
Commercial Real Estate Direct Staff Report Hines has acquired South Temple Tower, a 217,000-square-foot office property in Salt Lake City. While the purchase price could not yet be learned, Salt Lake County had estimated its value at $53.9 million. The ...
Nightingale Buying Atlanta Financial Center for $182Mln
Nightingale Properties has struck a deal to buy the Atlanta Financial Center in the Buckhead area of Atlanta for $182 million, or just less than $200/sf. It's turned to the CrowdStreet crowdfunding platform for a big chunk of equity for ...
Blue Cross Leases 95,070 SF at Chicago’s Aon Center
REJournals.com Blue Cross Blue Shield has agreed to lease 95,070 square feet of office space at Aon Center, a 2.7 million-sf office property in downtown Chicago. The insurance company is leasing the space from the property's owner, 601W Cos. CBRE ...
Cawley to Build Another 4-Story Office Building in Plano, Texas
Dallas Morning News Cawley Partners is building a four-story office property with 120,000 square feet in Plano, Texas. The building is being planned for a development site along Parkwood Boulevard, just south of Windhaven Parkway, about 23 miles north of ...
Biotech Company to Pre-Lease 285,000 SF at Office, Life-Science Property in Millbrae, Calif.
Commercial Property Executive Eikon Therapeutics has agreed to pre-lease 285,000 square feet at Alexandria Center for Life Science, a 637,000-sf office and life-science property that is under construction in Millbrae, Calif. The biotech company was represented in the lease by ...
Blackstone Mortgage Lends $270Mln Against Manhattan’s 799 Broadway
Commercial Observer Columbia Property Trust has secured a $270 million mortgage against the 182,305-square-foot office building at 799 Broadway in Manhattan. Blackstone Mortgage Trust provided the loan, which was arranged by Eastdil Secured. The loan allowed Columbia Property, an Atlanta ...
Pharmaceutical Company Leases 72,500 SF of Office Space in San Diego
Commercial Property Executive Halozyme Therapeutics has agreed to lease 72,500 square feet of office space at Del Mar Corporate Centre, a three-building office property with a combined 377,549 sf in San Diego. The pharmaceutical company will take its space at ...
USAA Buys Charlotte, N.C., Office Building for $97Mln
Charlotte Business Journal Beacon Partners has sold The Square at South End, a 156,401-square-foot office building in Charlotte, N.C. The local developer sold the 10-story property, which sits on 1.8 acres at 200 West Blvd., to USAA of San Antonio. ...
About
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.
Subscribe to our Weekly Newsletter!
