Commercial Real Estate Direct Staff Report Ferrado Properties Inc. has paid $39.1 million, or $1,503/sf, for the 26,834-square-foot office property at 801 Boylston St. in the Back Bay section of Boston. The Newport Beach, Calif., investor bought the property from ...
The Real Deal A venture of Intercontinental Real Estate and Harvest Properties is offering for sale the Kohl Building, an 85,600-square-foot office property in San Francisco. Intercontinental, of Boston, and Harvest, of Oakland, Calif., has hired JLL to market the ...
Commercial Observer Merchants Capital Corp. has provided $29.6 million of Fannie Mae financing against the 109-unit seniors-housing property at 80 Rutgers Slip in Manhattan's Lower East Side. The property is owned by Two Bridges Neighborhood Council, a New York nonprofit ...
Commercial Real Estate Direct Staff Report The Wasatch Group has sold the 240-unit Crossroads Apartments in West Valley City, Utah. The sales price could not be learned immediately. But the property was appraised last year at a value of $45.82 ...
Commercial Real Estate Direct Staff Report KRL Legacy LLC has paid $26.65 million, or $246.76/sf, for Pike Distribution Center, a 108,000-square-foot industrial property in Auburn, Wash. The company, an affiliate of Ace Relocation System Inc., purchased the property from CenterPoint ...
Commercial Real Estate Direct Staff Report Benchmark Real Estate has paid $43 million, or $704,918/unit, for the 61-unit apartment property at 194 East 2nd St. in the East Village section of Manhattan. The New York investment manager bought the property, ...
San Antonio Business Journal WayMaker Ventures has bought the Jones & Rio, a 191-unit apartment complex in downtown San Antonio. The Austin, Texas, real estate company purchased the six-story property from a venture of Benefit Street Partners and Strategic Properties ...
Commercial Real Estate Direct Staff Report The appraised value of the 127-unit apartment property at 1209 DeKalb Ave. in Brooklyn, N.Y., has been slashed to $37.2 million, well less than the $46 million mortgage against it. The loan is securitized ...
The Canadian Imperial Bank of Commerce, or CIBC, has provided $28.5 million of financing for the development of a 167,281-square-foot industrial property in South Plainfield, N.J. The project, at 1 Cragwood Road South, is being developed by Bridge Industrial LLC ...
A venture of Bungalow Projects and Bain Capital Real Estate has paid $34 million for a development site at 145 Wolcott St. in the Red Hook section of Brooklyn, N.Y., with plans to construct a 225,000-square-foot movie production facility. The ...
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