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Alexandria, Nuveen Sell Majority Stake in $161M San Diego Asset
Located in the University City neighborhood, the life science facility came online in 2019.
AI Takes Center Stage in CRE
The technology’s ups and downs were all the rage at the BOMA New York Proptech Conference & Expo last week.
Boylston, J.P. Morgan Secure $150M for Boston Life Science Asset
Northwestern Mutual provided the note, which will retire a construction loan.
Lovett Industrial to Build 2.2 MSF Project Near Port of Virginia
Enterprise Logistics Park will be the largest spec development of its kind on this key corridor.
Servicing, Defaults Dominate CREFC Discussion
The rapid increase in interest rates has left the commercial mortgage market to deal with fallout, said panelists at the CRE Finance Council’s Annual Conference in New York City.
Greystar, Frampton Break Ground on 2 MSF Industrial Park
Phase one of the spec project is scheduled for completion in 2024.
Tishman Speyer Lands $750M for Boston Project
Led by Otera Capital, the construction financing is reportedly the largest so far this year.
Google, Lendlease Move Forward With Massive Bay Area Project
Highlights of the master-planned development include 3.1 million square feet of office space.
Canadian Solar to Build $250M Manufacturing Facility
Construction on the suburban Dallas plant is scheduled to begin in late 2023.
Macerich Eyes Makeovers for Former Sears Boxes
After assuming majority ownership, the REIT plans to redevelop stores located primarily on the East and West coasts.