Wells Fargo Bank
PNL Cos. Sells Suburban PA Office Building
The company received $15.5 million for Malvern Executive Center, a Class A property in Malvern, Penn., purchased five years ago through foreclosure.
CBRE Lines Up $47M Loan for MN Office Campus
The refinancing features a 10-year term and was secured on behalf of Wildamere Capital Management, the owner of Plymouth Corporate Center.
Crocker Partners Buys $55M Orlando Office Portfolio
Wells Fargo Bank provided financing to facilitate the acquisition of Northpoint Center. The three-building asset encompasses roughly 335,000 square feet in Lake Mary.
Founders Properties Snags Columbus Assets for $21M
The deal was a portfolio transaction and it included Northwoods II and 825 Tech Center Drive. The PNL Cos. was the seller.
Vornado Secures $120M for Manhattan Retail Property
The REIT will use the financing, provided by Wells Fargo Bank, to replace an existing loan on the 206,000-square-foot property at 4 Union Square South.
Silicon Valley Mixed-Use Project Gets $250M
The debt and equity capitalization package supports the development of Ameswell Mountain View, a Class A office and upscale hotel asset that recently broke ground.
Avison Young Lands Atlanta Leasing Assignment
Parmenter Realty, the owner of the nearly 210,000-square-foot office building in the city’s Central Perimeter submarket, is currently updating the property’s amenities.
Sun Life Offloads NC Office Portfolio
The transaction, valued at more than $30 million, includes approximately 223,000 square feet near Raleigh-Durham. The seven buildings in the deal will soon undergo renovation work.
Boston-Area Arsenal Yards Development Receives $109M
The project will bring more than 1 million square feet of mixed-use space to Watertown, Mass. The first phase is currently underway, with completion slated for 2019.
Top 10 Lenders of 2017 in the Denver Office Market
Yardi Matrix’s list of the most active lenders in the past year focuses on the biggest loans originated to finance office assets in the metro area.