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Portland’s Historic Bank Block Obtains $51M Refi
With the assistance of CBRE, an entity owned by Westport Capital Partners has refinanced the creative office property in the heart of the city’s tech hub.
Velocity Financial Lands $375M in New Funding
The financing consists of a $175 million term loan and a $200 million warehouse facility.
ULI Europe Debate: The Future of Office
Top executives debate the sector’s competitiveness and resilience at the 2021 ULI Virtual Europe Conference.
PepsiCo Site Trades for $55M in Miami
The sale by Terra and Terranova Corp. comes just three years after the companies acquired the asset in a $40 million sale-leaseback deal.
Walton Street Capital Acquires Houston-Area Logistics Property
JLL Capital Markets did double duty, representing the seller of the new Amazon sort center as well as arranging acquisition financing.
Rexford Industrial Seals Deals Worth $73M
The REIT’s flair for sourcing off-market transactions produced a flurry of acquisitions in Southern California.
STAG Industrial Boosts Credit Facility Capacity by $250M
The REIT, which specializes in single-tenant industrial properties, also refinanced a $300 million unsecured term loan.
Commercial Construction Planning Proceeds: Dodge
The Dodge construction momentum index rose to its highest level since the pandemic began.
Alex. Brown, Biynah Sell 1.3 MSF Midwest Portfolio
The partners have relinquished their years-long hold of the assets amid booming investor interest in the heartland’s logistics sector.
Brookfield Properties Plans Inland Empire Industrial Project
The company has acquired 16 properties in Southern California over the past 12 months.