ST LOUIS-The five-year fixed rate loan pays off a $40-million five-year note on the 1 million-sf mixed-use development here, enabling some of the partners to recapture the equity they previously invested while still leaving excess for future capital improvements, the loan origination officer tells GlobeSt.com.
BELLEVUE, WA-The commitment by the newly independent retailer represents about 40% of the available office space in the tower, allowing Kemper Development to make an efficient transition to the final phase of its 1.4 million-sf Downtown project.
BELLEVUE, WA-The commitment by the newly independent retailer represents about 40% of the available office space in the tower, allowing Kemper Development to make an efficient transition to the final phase of its 1.4-million-sf Downtown project.
SAN FRANCISCO-The parcel used to hold an Esprit clothing warehouse and offers unobstructed views of San Francisco Bay. The Mission Bay submarket is a 303-acre mixed-use redevelopment that will include thousands of housing units, several million square feet of office, R&D and lab space, a large hotel, retail space and parks.
SAN FRANCISCO-The parcel used to hold an Esprit clothing warehouse and offers unobstructed views of San Francisco Bay. The Mission Bay submarket is a 303-acre mixed-use redevelopment that will include thousands of housing units, several million square feet of office, R&D and lab space, a large hotel, retail space and parks.
CINCINNATI-The Indianapolis-based REIT sells the three-building complex to TIC Properties LLC of Greenville, SC for $30.4 million. General Electric occupies two of the buildings. The property is 94.5% leased.
CINCINNATI-The Indianapolis-based REIT sells the three-building complex to TIC Properties LLC of Greenville, SC for $30.4 million. General Electric occupies two of the buildings. The property is 94.5% leased.
VANCOUVER, WA-The Vancouver Housing Authority, which doubles as the city's general development authority, hopes to arrange a public-private joint venture to acquire the property, which is home to an existing 89,000-sf building and can hold up to 335,000 sf of new buildings.
VANCOUVER, WA-The Vancouver Housing Authority, which doubles as the city's general development authority, hopes to arrange a public-private joint venture to acquire the property, which is home to an existing 89,000-sf building and can hold up to 335,000 sf of new buildings.
SAN FRANCISCO-The new owner is publicly traded Glenborough Realty Trust of San Mateo, CA. The purchase price for the 20-story 241,800-sf Financial District office tower equates to $310 per sf. The property is 92% leased to 31 tenants, none of which lease more than 10% of the net rentable area.