Nicholas Ziegler
Troubled Retail Component of Downtown Chicago Project Gets $145M Loan
Canyon‐Johnson Urban Funds and McCaffery Interests, the owners of the Roosevelt Collection in Chicago’s South Loop, have closed on a senior loan reported to be $145 million.
HFF arranges $21.75 million acquisition financing for student housing community in Greenville, North Carolina
HFF announced today that it has arranged $21.75 million in acquisition financing for Pirate’s Cove, a 264-unit, 1,056-bed student housing community near East Carolina University (ECU) in Greenville, North Carolina.
Passco Arranges $25.8m To Refinance Silver City Plaza Shopping Center In Las Vegas
PASSCO Companies LLC has negotiated a $25.8 million loan to refinance Silver City Plaza, a 41,583-square-foot neighborhood shopping center in Las Vegas.
Exclusive: JLL Launches Real-Time PortfolioCommand Offering
Jones Lang LaSalle Inc. now has a new weapon in its arsenal: its new PortfolioCommand offering, to be launched today.
Dees Stribling’s Economy Watch Weekly
So-so growth for the economy, with housing still a drag on its forward motion. CPE‘s economic analyst, Dees Stribling, gives his podcast for the week ending April 27, 2012.
Liberty Property Trust Signs 316 KSF Industrial Lease Outside Chicago
With industrial leasing activity continuing at a brisk pace in metropolitan Chicago, Liberty Property Trust was recently able to fill up a 316,200-square-foot space at a Liberty Business Center building in Aurora, in one fell swoop.
In $100M Transaction, Kane Realty Sells N.C. Multi-Family Complex, Refis Retail Portion
In an intricate, multi-faceted transaction valued at $100 million, Kane Realty has sold a segment of its Park & Market mixed-use residential property in the North Hills district of Raleigh, N.C., and recapitalized another.
Bell Partners Spends $66M on Tampa Apartment Complex
In a solid rental market that’s dropped below 5 percent vacancy, Bell Partners has made a significant buy. The firm has just purchased the 422-unit Seaport Channelside apartments in Tampa for $66 million, bringing its total portfolio in the city to four properties.
Random House Renews 361 KSF Office Lease in Manhattan
Hot on the heels of its 1.6 million-square-foot lease signing of Viacom to 1515 Broadway in Manhattan’s Midtown submarket, SL Green has inked a lease renewal for Random House Inc. to continue occupying 361,044 square feet at 1745 Broadway.
Vision Group Ventures Plans 1.9 MSF Distribution Center in Pennsylvania
Vision Group’s plan for the sprawling industrial center in Lebanon County, Penn., entails three Class A facilities totaling nearly 1.9 million square feet and Panattoni has purchased a 129-acre tract for a 1.5 MSF development.