OakNorth Bank has provided $50 million of mortgage financing to fund Onward Investors' purchase and repositioning of three office buildings within the Coliseum Centre office complex in Charlotte, N.C. As reported, the Minnetonka, Minn., investor purchased the three buildings—Three, Five,...
A San Francisco investor group comprised of Prado Group and Presidio Bay Ventures, which had come close to sewing up a deal to buy the beleaguered San Francisco Centre shopping mall, will not be buying the 1.45 million-square-foot property,...
The weighted average capitalization rate for net-leased properties edged higher in the second quarter, reversing the previous period's first decline in 15 consecutive quarters, according to the Boulder Group.
Nashville Business Journal Shorenstein Investment Advisors has paid $146.5 million, or $634.20/sf, for the Moore Building, a 231,000-square-foot office building in Nashville, Tenn. The San Francisco investor purchased the 15-story property from a venture of Portman Holdings of Atlanta...
Jacksonville Business Journal G3 Enterprises has paid $37.39 million, or $103/sf, for a 363,000-square-foot warehouse at 12751 Gran Bay Parkway in Jacksonville, Fla. The Modesto, Calif., company acquired the industrial building from Redfearn Capital of Delray Beach, Fla., which...
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