SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
Houston’s 777 Post Oak Blvd. Office Gets New Owner
April 24, 2024
State: New Jersey -NJ
Fitch Downgrades 4 Classes of COMM 2001-J1
July 24, 2003 Fitch Ratings has downgraded four classes of COMM, 2001-J1, because of the deteriorating performance of two collateral loans.The rating agency downgraded the deal's:– $23.3 million class F to triple-B-minus from triple-B;– $13.6 million class G to double-B ...
Liberty Buys Logan, NJ, Warehouse Building
July 24, 2003 Philadelphia Business JournalLiberty Property Trust has paid $12.8 million to buy a 384,000-square-foot warehousing and distribution building on 42 acres in the Northeast Business Center in Logan, N.J. Frank Greek & Son, the East Brunswick, N.J., firm ...
Wachovia to Pay $38.3Mln for NJ Data Center
July 22, 2003 Wachovia Corp. has agreed to pay $38.3 million for a 108,336-square-foot data center in Somerset, N.J., that was owned by Worldcom Inc.Wachovia signed a purchase agreement after beating 21 other investors at a July 16 auction organized ...
Mellon May Move to Goldman’s Jersey City, NJ, Skyscraper
July 17, 2003 The Star-LedgerThe 42-story office tower that Goldman Sachs is building in Jersey City, N.J., tops the short list of potential regional headquarters for Mellon Financial, according to local real estate brokers. Pittsburgh-based Mellon solicited proposals in May ...
Fitch Puts 2 Classes of CMAC 1998-C2 on Watch Negative
July 17, 2003 Fitch Ratings has placed two classes of Commercial Mortgage Acceptance Corp., 1998-C2, on rating watch negative because of interest shortfalls that have accumulated.The rating action affects the deal's:– $65.1 million class J, which is rated single-B; and– ...
FNS Logistics Leases Industrial Space in S. Brunswick, NJ
July 14, 2003 FNS Logistics Service Inc. has leased the entire 245,528-square-foot industrial facility at 112 Melrich Road in South Brunswick, N.J. The logistics company will use the facility for warehousing and distribution purposes and is expected to occupy the ...
New Jersey Offices Sell for $12Mln
July 7, 2003 Ivy Equities, a New Jersey investment firm, has sold an office building it owned in Mountain Lakes, N.J., for $12 million, or $108.40/sf.Ivy, which is based in Montvale, N.J., sold the property, at 333 Route 46, to ...
Prudential Provides $32Mln Loan on Atlantic City, NJ, Project
July 7, 2003 Prudential Mortgage Capital Co. has provided $32 million in construction-permanent financing to The Cordish Co. for a retail project in Atlantic City, N.J.Prudential originated the financing on behalf of two institutional accounts comprised of union pension fund ...
11 Technology Dr.
in the Northeast Business Center; La Brea Bakery Co. leases about 184,000 sf; 190,000 sf is vacant.
333 Route 46
95% leased; Newsweek and Eclypsis occupy two-thirds of the building under long-term leases
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
