596,383-SF Office Building in Tampa, Fla., May Get New Owner
April 24, 2024
Kenosha, Wis., Shopping Center Sells for $27.6Mln
April 24, 2024
State: Tennessee - TN
Peyton Stakes Apartments
Peyton Stakes serves as collateral for a $26.57 million Fannie Mae loan that's securitized through MCAS, 2019-01. The loan pays a fixed rate of 4.145 percent and becomes open to prepayment in April 2028, about two months before its scheduled ...
PCCP Lends $102Mln Against 5 Stoltz-Owned Industrial Properties
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 ...
2-Building Manufacturing Facility in Chattanooga, Tenn., Sold
REBusiness Online Urban Story Ventures has bought a 169,000-square-foot industrial property at 3800 Amnicola Highway in Chattanooga, Tenn., for an undisclosed price. Arcade Beauty of New York sold the two-building manufacturing facility. The transaction includes 9.8 acres of undeveloped land ...
12-Story Office Building in Memphis, Tenn., Sold
REBusiness Online A company calling itself Union Office Center LLC has bought the 12-story office building at 2670 Union Ave. in the Uptown submarket of Memphis, Tenn. A company dubbed 2670 Union Avenue Extended Building Owner LLC sold the 119,213-square-foot ...
Suburban Nashville Apartment Building with 249 Units Sold for $78Mln
Nashville Business Journal A venture of Phoenix Realty Group and Ditmas Management Corp. has bought the 249-unit Peyton Stakes Apartments in Nashville, Tenn., for $78 million, or about $313,253/unit. Bluestone Properties sold the building, which was built in 2016 on ...
135,000-SF Industrial Property in Olive Branch, Miss., Sold
REBusiness Online AIC Industrial has bought a 135,000-square-foot manufacturing facility at 11085 Airport Road in Olive Branch, Miss., about 23 miles southeast of Memphis, Tenn. The Austin, Texas, company purchased the industrial property from Natureplex Properties, a pharmaceutical manufacturer that ...
One Riverwalk apartment property
The Passco/Greystone venture has assumed a $64.92 million Freddie Mac loan as part of its purchase. The loan, securitized through FREMF, 2022-K143, requires only interest payments through February 2027, after which it amortizes on a 30-year schedule. It pays a ...
Nashville, Tenn., Office Sells for $75Mln
PNH Properties has paid $75 million, or $321.45/sf, for 211 Commerce, the former Baker Donelson Center in downtown Nashville, Tenn. The Nashville investor group bought the 233,107-square-foot property from Velocis Lincoln Commerce SPE LLC, a venture of Velocis, a Dallas ...
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