Office
$127M in Financing Closes for 37-Property CRE Portfolio
It has a little bit of this and a little bit of that, and now it has $127.5 million in financing. A 2.3 million-square-foot portfolio encompassing 37 industrial, office and retail properties in metropolitan Philadelphia and Melbourne, Fla., has landed a three-year loan provided by Natixis Real Estate Capital.…
Boston Investor Acquires Gateway Center in Downtown Providence for $13.2M
In a $13.2 million deal, Albany Road Real Estate Partners of Boston has purchased the four-story 117,000-square-foot Gateway Center in downtown Providence. According to the Providence Journal, the transaction closed on May 23. Bank Rhode Island financed the acquisition with a $10-million, 10-year loan.…
1.2 MSF Office Complex Sold In Metairie
One of Louisiana’s biggest office complexes has just sold. The three-tower Lakeway Center, in Metairie, suburban New Orleans was purchased by New York-based The Feil Organization for an undisclosed amount.…
1.2 MSF Office Complex Sold In Metairie
One of Louisiana’s biggest office complexes has just sold. The three-tower Lakeway Center, in Metairie, suburban New Orleans was purchased by New York-based The Feil Organization for an undisclosed amount.…
Potential Development Site Trades Hands in Bellevue’s CBD for $31M
Bellevue’s Central Business District is running out of room for development as one of the last spots in the area that could support a large commercial building was recently snapped up in a $31 million deal. Kidder Matthews representatives Andy Miller, Jason Rosauer, Dave Speers and Rob Anderson handled the…
CIM, Kushner Buy 466 KSF Office Building in Lower Manhattan from Savanna
CIM Group and Kushner Cos. have purchased the 26-story office building at 2 Rector St. in Manhattan’s Financial District from Savanna.…
City of Cincinnati Approves Plans for Multimillion-Dollar Developments
Cincinnati City Council approved last Wednesday plans for a 30-story apartment tower at the northwest corner of 4th Street and Race Street in the city’s downtown. The project is expected to cost about $80 million.…
$160M FAA Regional HQs to Break Ground in Fort Worth
Trammell Crow Company along with its joint venture partner, USAA Real Estate Co., plans to break ground on a $160 million build-to-suit office project in Fort Worth’s Alliance Park.…
Major Renovations Planned for 7900 Westpark Drive in Tysons Corner
Washington Real Estate Investment Trust has recently announced a major renovation plan for 7900 Westpark Drive, a Class A office complex in the hub of Tysons Corner, Virginia. It has also selected Jones Lang LaSalle to market the property.…
Sourwine Real Estate to Deliver City’s First Speculative Office Project Since 2008
Sourwine Real Estate Services, a locally based three-generation real estate owner, developer and property management company, is about to complete the first speculative office building in the Indianapolis area since 2008.…
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