Commercial Real Estate Direct Staff Report Outlet Shoppes at Gettysburg, a 249,937-square-foot retail property in Gettysburg, Pa., was reappraised at the end of last year at a value of $14.8 million. CBL & Associates Properties Inc. owns the property but ...
Tanger Inc.'s portfolio of 41 retail properties, including 38 outlet centers, was 98.1% occupied as of the end of December. It completed 3.1 million square feet of leasing with a blended rental rate spread of 9.5%.
FS Credit REIT has provided a $74.48 million loan against the 267,294-square-foot Shops at Stonefield in Charlottesville, Va. The retail property, at 2100 Hydraulic Road, is owned by O'Connor Capital Partners of New York, which bought it in 2016 for ...
South Florida Business Journal COFE Properties has bought Westside Plaza I and II, a pair of neighboring office buildings totaling 276,637 square feet in Doral, Fla., for $63 million, or $227.74/sf. The Miami company purchased the properties from a venture ...
Commercial Real Estate Direct Staff Report The 31 apartment properties with 3,505 units in New York City that back a troubled $506.3 million CMBS loan continue to face challenges, with expenses growing at a far faster clip than revenue. The ...
Commercial Observer Citibank has provided $28.5 million of mortgage financing against the 50,159 square feet of retail space at the base of the apartment property at 484-526 Myrtle Ave. in the Clinton Hill section of Brooklyn, N.Y. The loan requires ...
Commercial Real Estate Direct Staff Report The Queens Place retail property in the Elmhurst neighborhood in Queens, N.Y., which is encumbered by $110 million of financing, has been reappraised at a value of $90 million. The circular property is owned ...
The property opened in early 2023 and is 20 miles west of Chicago. It is 94% occupied by tenants that include Lazy Dog Restaurant and Bar, Panera Bread, Veterinary Emergency Group, and Guidepost Montessori.
Phoenix Business Journal An affiliate of InvenTrust Properties has paid $31.2 million, or $519.19/sf, for a 60,094-square-foot portion of Marketplace at Hudson Station, a 197,830-sf retail center in Queen Creek, Ariz. The Downers Grove, Ill., retail REIT acquired the property, ...
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