Commercial Real Estate Direct Staff Report MDH Partners has paid $165 million for a portfolio of six industrial buildings with 1.48 million square feet in Kentucky, Georgia, Florida, and Ohio. The Atlanta investment manager, which early last year raised $1.2 ...
Commercial Real Estate Direct Staff Report Citibank has provided $600 million of financing against eight apartment properties with 3,241 units in the Southeast and Midwest regions of the country owned by investment manager West Shore. The five-year financing, arranged by ...
Memphis Business Journal The Wideman Group has bought the 312,300-square-foot industrial complex at 12900 Plantside Drive in Louisville, Ky., for $36.65 million, or $117.36/sf. The Orlando, Fla., company acquired the property from an affiliate of the J.W. Mitchell Co. of ...
First Financial Bank and Associated Bank have provided $48 million of financing for the construction of a 273-unit apartment property within the Cityview Station mixed-use development in the Cincinnati suburb of Ludlow, Ky. Northmarq arranged the debt on behalf of ...
Commercial Property Executive Hunt Midwest has started construction on the first phase of Simpsonville 64 Logistics Park, a 3.3 million-square-foot industrial development in Louisville, Ky. The Kansas City, Mo., company is constructing the project at the intersection of Highway 1848 ...
The property, developed in 1997 by Thomas Enterprises Inc. of Atlanta, is 92.3 percent occupied. To fund its purchase, Fairbourne has lined up a $94.5 million mortgage from Citi Real Estate Funding that has a five-year term and pays a ...
Commercial Real Estate Direct Staff Report Fairbourne Properties has paid $135 million, or $154.45/sf, for the Hamburg Pavilion, an 874,095-square-foot open-air shopping center in Lexington, Ky. The Chicago company bought the property through a venture with Harbert U.S. Real Estate ...
Commercial Property Executive W.P. Carey has paid $102 million, or $102/unit, for a 1 million-square-foot industrial building within the I-64 Commerce Center in Shelbyville, Ky. The New York REIT purchased the property from Flint Development, which was represented by Colliers. ...
The New York investor purchased the property from RPM and WF Investments, which had acquired it in 2017 for $40 million. AMA Financial Founder arranged financing for the acquisition. Details could not be learned.
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