389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
The property was built in 1974 at 1 Baxter Parkway, about 29 miles north of Chicago. It's likely Bridge will redevelop the property for industrial uses.
The Orlando, Fla., REIT is buying the property from its developer, Twelfth Avenue Realty Holdings, a venture of the Nashville Corner Partnership, Magellan Development of Chicago and Hospitality Gaming Advisors of Delray Beach, Fla. The property, which includes 25,485 square ...
The Newton, Mass., REIT said the properties are fully leased for a weighted average four additional years. It added that the venture would line up $134 million of financing against the properties early next year, which would provide it with ...
Hines is buying the property from a venture that includes Centrum Realty & Development, John McLinden and John and Rick Hansen. Bradley Business Center is 96 percent leased. The property generated $5.9 million of net operating income last year, giving ...
The property is encumbered by $13.1 million of CMBS debt that is securitized through COMM, 2016-CR28. The loan matures in November 2025 and pays a coupon of 4.893 percent. Colonial Square, at 3107 Boulevard, is 99.1 percent leased to 20 ...
Penrose Plaza is 94.1 percent leased and anchored by a ShopRite grocery store whose lease expires in 2038. Other tenants include dd's Discounts and Dollar Tree. The property, at 2900 Island Ave., is in Philadelphia's Eastwick area and about 2.5 ...
The hotel serves as collateral for a $161.5 million senior mortgage that's securitized through JPMorgan Chase Commercial Mortgage Securities Corp., 2019-MARG, as well as $18.5 million of mezzanine financing. Pebblebrook noted that it may assume the senior loan, but did ...
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