property type: Office
Midtown Manhattan Office Sells for $22.2Mln
Commercial Real Estate Direct Staff Report Empire Capital Holdings has acquired 1200 Ave. of the Americas, a 21,600-square-foot office building in Midtown Manhattan for $22.2 million, or $1,030.55/sf. The New York investment firm bought the property, on the corner of ...
San Francisco’s 550 California St. Seen Selling for Less Than $46Mln
The 355,000-square-foot office building at 550 California St. in San Francisco is expected to sell for between $42.6 million and $46 million, or up to nearly $130/sf, according to a report in the San Francisco Business Times. The 13-story building ...
Engineering Firm Leases 78,000 SF at Overland Park, Kan., Office Backing Troubled Debt
Kansas City Business Journal Black & Veatch, a global engineering firm, has agreed to lease 78,000 square feet of office space at the 3.27 million-square-foot Aspiria office campus in Overland Park, Kan. The property is owned by Occidental Management of ...
Tishman Negotiates Term Extension of $485Mln Loan on Manhattan’s 300 Park Ave.
Tishman Speyer has negotiated the one-year extension of the $485 million mortgage against 300 Park Ave., a 771,643-square-foot office building in midtown Manhattan. The loan, securitized through COMM, 2013-300P, now matures in August 2024. But its modification was structured to ...
127,000-SF Office Building in Rancho Cucamonga, Calif., Sells for $22.25Mln
Mercury Casualty Co. has sold the 127,000-square-foot office property at 11000 Eucalyptus St. in Rancho Cucamonga, Calif., for $22.25 million, or $175.20/sf. The Los Angeles company was represented in the deal by Kennedy Wilson Brokerage. The buyer was not disclosed. ...
Salesforce Offering 212,000 SF of Office Space for Sublease in Seattle Area
The Seattle Times Salesforce is offering for sublease a combined 212,000 square feet across two buildings in Seattle and Kirkland, Wash. The cloud-based software company is offering 120,000 sf of space at Tableau Data1 Building, a 202,081-sf office property at ...
$940Mln of Debt Against San Francisco Apartment Portfolio Seen Being Offered for Sale
Lenders that hold $940 million of mortgage debt against 95 apartment properties with 2,452 units in San Francisco have hired Eastdil Secured to market it for sale, according to a report in The Real Deal. A big chunk of the ...
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