Commercial Real Estate Direct Staff Report Northmarq has secured $42.97 million of financing to facilitate the purchase of Springhurst Towne Center, an 800,000-square-foot retail property in Louisville, Ky. A commercial bank provided the loan on behalf of the buyer, a ...
Macerich Co. leased 4.2 million square feet last year, a 12 percent increase over the previous year's volume and the most the company has leased in any given year since at least 1994. At the same time, the company refinanced ...
REBusiness Online Bintelli has agreed to lease 150,000 square feet of industrial space at River Ridge Commerce Center, a 426,450-sf property in Jeffersonville, Ind. The low-speed vehicle manufacturer was represented in the lease by Avison Young. The property was built ...
PCCP LLC has provided $102 million of mortgage financing against a portfolio of five industrial properties with 1.6 million square feet owned by Stoltz Real Estate Partners. The five properties, constructed between 2018 and 2023, are fully leased to seven ...
A venture of CBRE Strategic Partners U.S. Value 9 and Fairbourne Properties has bought the 353,665-square-foot Paddock Shops retail property in Louisville, Ky. The seller and purchase price were not disclosed. The property is 88 percent leased to tenants that ...
REBusiness Online A venture of CBRE Strategic Partners U.S. Value 9 and Fairbourne Properties has bought the 353,665-square-foot Paddock Shops retail property in Louisville, Ky. The seller and purchase price were not disclosed. Paddock Shops, at 4055 Summit Plaza Drive, ...
The Great Neck, N.Y., investor in class-B and -C shopping malls bought the property from WFRBS Commercial Mortgage Trust, 2012-C7, which had held an $89.4 million loan against 397,680 square feet of non-anchor space at the 957,000-sf mall. The property ...
Lument has provided $78.8 million of financing under the U.S. Department of Housing and Urban Development's 223(f) program against The Hub, a 590-unit apartment property in Bowling Green, Ky. The property, developed in 2020 at 494 Hub Blvd. by Chandler ...
REJournals A venture of Hunt Midwest and Marshall Planning Mill is breaking ground in the fourth quarter on the Simpsonville 64 Logistics Park, a 3.4 million-square-foot industrial property in Simpsonville, Ky. Hunt, of Kansas City, Mo., and Marshall, of Louisville, Ky., ...
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