JLL
Global Mutual Buys Triangle Office Park for $81M
BBVA Compass Bank provided the buyer of the nearly 430,000-square-foot Class A research campus with a five-year, $61.6 million acquisition loan.
Dallas-Area Storage Development Receives Financing
Central Southwest Texas Development received the $6.2 million loan for the construction of a 906-unit self storage facility in Sachse, Texas.
Federal Realty Tops Out New Maryland Corporate HQ
The 200,000-square-foot 909 Rose will feature office space along with ground-floor retail, located in the Pike & Rose transit-oriented neighborhood of North Bethesda.
Historic Charlotte Office Asset Trades for $35M
Spaulding & Slye Investments acquired the 172,382-square-foot Class B office tower. Pacific Coast Capital Partners provided nearly $34 million in financing.
Compass Datacenters to Invest $3B in Multi-State Expansion
The company will develop campuses across the U.S. in a growth plan bolstered by additional commitments from current investors and capital from a new partner.
Airport-Area Office Project Kicks Off in Dallas
Staubach Capital provided equity, while First United Bank originated debt financing for the two-building development, which is slated for completion in 2020.
Appraisal District’s New Austin Office to Undergo Reno
TCAD acquired the building for nearly $9 million. Improvement work at 850 E. Anderson Lane is expected to commence later in November, with completion slated for May 2020.
Boston Mixed-Use Lands $315M Construction Loan
Madison Realty Capital will provide the financing, while Cain International will contribute most of the equity for the $400 million Raffles Hotels & Resorts tower in the Back Bay neighborhood.
Upstate NY Mall Changes Hands for $30M
Douglas Development Corp. purchased the 961,800-square-foot shopping center in a suburb of Buffalo, with plans to revitalize and rebrand the struggling asset. The deal included an adjacent Wegmans grocery store.
Harsch Investment Begins Vegas Industrial Project
Plans for the development call for nearly 170,000 square feet of Class A space within the firm’s Speedway Commerce Center.