Quantum Pacific Pays More Than $100Mln for Manhattan’s 101 Greenwich St.

Commercial Observer Quantum Pacific Group is said to be paying more than $100 million, or nearly $250/sf, for the 400,294-square-foot office property at 101 Greenwich St. in downtown Manhattan. The shipping giant, led by Idan Ofer, is buying the 27-story [...]

By |2025-02-11T21:40:29+00:00February 11, 2025|Blogs|0 Comments

32,879-SF Office in Brooklyn, N.Y., Sells for $17Mln

Commercial Observer A venture of Aperture Holdings and Greenmont Group has paid $17 million, or $517.05/sf, for the 32,879-square-foot office building at 58 Kent St. in the Greenpoint section of Brooklyn, N.Y. The property was sold by Kickstarter, a crowdfunding [...]

By |2025-02-11T21:40:29+00:00February 11, 2025|Blogs|0 Comments

Logistics Company Leases 976,954 SF of Industrial Space in Joliet, Ill.

Commercial Property Executive RJW Logistics Group has agreed to fully lease a 976,954-square-foot industrial property within CenterPoint Intermodal Center in Joliet, Ill. The logistics company is taking the space from CenterPoint Properties, which was represented by NAI Hiffman. The property [...]

By |2025-02-11T21:40:29+00:00February 11, 2025|Blogs|0 Comments

Venture Pays $75.8Mln for Chicago-Area Apartments

Commercial Real Estate Direct Staff Report A venture of Eastham Capital and Bender Cos. has paid $75.8 million, or $137,818/unit, for the 550-unit Haven Hoffman Estates apartment property in the Chicago suburb of Hoffman Estates, Ill. Eastham, of Boca Raton, [...]

By |2025-02-11T21:40:29+00:00February 11, 2025|Blogs|0 Comments

GSK to Vacate Life-Sciences Property in Rockville, Md.

Washington Business Journal GSK PLC will vacate the 635,058-square-foot life-sciences building at 14200 Shady Grove Road in Rockville, Md., when its lease matures next year. The drug giant assumed the lease in 2012 through its acquisition of Human Genome Sciences. [...]

By |2025-02-11T21:40:29+00:00February 11, 2025|Blogs|0 Comments

FS Credit Lends $58.2Mln for Purchase of Chula Vista, Calif., Shopping Center

Commercial Real Estate Direct Staff Report FS Credit Real Estate Income Trust Inc. has provided $58.2 million of financing to facilitate Primestor Development’s $86.1 million, or $175.71/sf, purchase of the 490,000-square-foot Chula Vista Center retail property in the San Diego [...]

By |2025-02-11T21:40:28+00:00February 11, 2025|Blogs|0 Comments

Large Loan Against Shopping Mall in Orlando, Fla., Area Defaults at Maturity

The $137.79 million CMBS loan against the Altamonte Mall near Orlando, Fla., matured two weeks ago and has transferred to special servicing. The loan, securitized through a single-borrower CMBS deal, is now classified as nonperforming matured, as it didn't receive [...]

By |2025-02-11T21:40:28+00:00February 11, 2025|Blogs|0 Comments

Apartments Near Vail, Colo., Sell for $28Mln, Get $18.7Mln Freddie Mac Loan

Commercial Real Estate Direct Staff Report Brikwell has paid $28 million, or $363,636/unit, for the 77-unit Red Table Apartments in Gypsum, Colo., roughly 38 miles west of Vail, Colo. The Denver investment manager bought the 16-year-old property, at 765 Red [...]

By |2025-02-11T18:41:09+00:00February 11, 2025|Blogs|0 Comments

230-Unit Apartment Property in Tacoma, Wash., Sells for $40.75Mln

Puget Sound Business Journal Oro Capital Advisors has paid $40.75 million, or $177,173/unit, for Altitude 104, a 230-unit apartment complex in Tacoma, Wash. The Incline Village, Nev., company purchased the property from Goodman Real Estate of Seattle, which had acquired [...]

By |2025-02-11T18:41:08+00:00February 11, 2025|Blogs|0 Comments
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