Government Agency Relocating D.C. Offices, Taking Less Space
April 25, 2024
400,000-SF Industrial Project Planned for Silver Spring, Md.
April 25, 2024
Commercial Real Estate Direct Staff Report The $300 million loan against the 527,000-square-foot Santa Monica Place Mall in Santa Monica, Calif., has transferred to special servicer Argentic Services Co. as its expected to default at its upcoming maturity. The transfer ...
Commercial Real Estate Direct Staff Report The $120.46 million of financing against Yorktown Center, a 787,389-square-foot retail center in Lombard, Ill., has transferred to special servicer KeyBank as it was not paid off at its maturity. The transfer was highlighted ...
Black Lion has bought the Lincoln office and retail building, with 118,658 square feet in Miami Beach, Fla., for $62.5 million, or about $526.72/sf. The developer, with offices in Miami and Los Angeles, purchased the six-story property from Clarion Partners ...
A venture of The Hampshire Cos., Federated Hermes and O'Connor Capital Partners has lined up $47.1 million of financing against The Crosslands, a 529,212-square-foot shopping center in Kissimmee, Fla. TD Bank provided the three-year loan, which was arranged by JLL ...
The Real Deal Tidal Real Estate Partners has lined up $120 million of financing against the recently completed mixed-use project at 1111 Church St. in Nashville, Tenn. JPMorgan and Naftali Credit Partners provided the five-year loan, which was arranged by ...
Commercial Real Estate Direct Staff Report The $350 million CMBS loan against the Westfield Montgomery Mall in Bethesda, Md., has transferred to special servicer SitusAMC as it's expected to default at its August maturity. The loan is securitized through WFLD ...
Commercial Property Executive NewMark Merrill has paid $22.4 million, or $191.55/sf, for Marketplace at Six Corners, a 116,941-square-foot retail center in Chicago. The Calabasas, Calif., company purchased the property from DRA Advisors, which was represented by Mid-America Real Estate Corp. ...
South Florida Business Journal Jamestown has paid $22.5 million, or about $180.60/sf, for the 124,585-square-foot Tamarac Town Square shopping center in Tamarac, Fla. The Atlanta company purchased the retail property from Regency Centers, a Jacksonville, Fla., retail REIT that had ...
Atlanta Business Chronicle Jamestown has bought Fountain Oaks, a 160,000-square-foot shopping center in the Atlanta suburb of Sandy Springs, Ga., for $48 million, or $300/sf. The Atlanta real estate investment and management company purchased the retail property from EDENS, a ...
NYREJ Simone Development Cos. is converting a former Stop & Shop grocery building at 1720 Eastchester Road in the Morris Park section of the Bronx, N.Y., into industrial use. The building is next to the 1.4 million-sf Hutchison Metro Center ...
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