Regions
New Phoenix Storage Facility Lands $22M Refi
The new note replaces an $11.1 million development loan from Metro Phoenix Bank.
MB Real Estate Makes $51M Chicago-Area MOB Purchase
Four properties totaling 156,660 square feet were part of the Salt Creek Medical Campus in Hinsdale, Ill.
Cushman & Wakefield Closes New Jersey Office Sale
The company represented the seller and sourced the buyer of the 168,144-square-foot building in Florham Park.
Office Leasing to Recover by 2025, Cushman & Wakefield Report Predicts
The study expects office sector recovery to be slow, but employment will eventually help spur improvements in absorption, vacancy and rental rates.
119-Key TownePlace Suites Opens in Ohio
Crawford Hoying and Shaner Hotels completed the extended-stay property near Ohio State University in Upper Arlington.
Colony Capital to Sell $2.8B Hospitality Portfolios
Highgate Hotels will take over 197 properties totaling 22,676 keys in one of the sector’s largest deals since the start of the pandemic.
Major NYC Project in Limbo After Rezoning Is Scuttled
Political pressure prompted Industry City’s developers to withdraw the 1 million-square-foot plan, but some local leaders remain hopeful that the Brooklyn waterfront project will eventually move forward.
CPE’s Coronavirus Coverage
Check out our latest news updates, features and expert advice on the coronavirus outbreak and its effects on commercial real estate.
GPR Ventures Purchases Sacramento Warehouse
The seller is a private investor that has owned the two-building facility for more than 30 years.
Graceada Partners Picks Up Sacramento Office Building
The 78,400-square-foot property is the new headquarters of the California Department of Business Oversight.