Wells Fargo
JOSS Buys Suburban Philly Office Assets
The firm paid $12.1 million for two premier office assets in Jenkintown, Pa., shifting its investment focus to core suburban markets.
KBS REIT Snares $1B Financing Commitment
BofA, Wells Fargo and U.S. Bank were the joint lead arrangers of the three-year facility, which marks the largest single financing transaction in the company’s history.
Kidder Mathews Adds New San Diego VP
Veteran broker Peter Quinn has joined Kidder Mathews’ San Diego office. In his new role, he will be responsible for the company’s investment properties.
C&W Secures $11M Loan for FL Business Park
The long-term, fixed-rate mortgage came with pre-payment flexibility and an interest-only period. The borrower, KEI Properties, purchased the asset for $14.5 million in 2016.
Miami’s 10 Tallest Office Buildings
Downtown Miami has grown into one of the largest financial districts in the U.S. According to Yardi Matrix data, the top 10 tallest office buildings are in Miami’s Brickell neighborhood.
Celebrating 30: Blackstone, Wells Fargo Make $23B Buy
We’re celebrating our 30th anniversary by highlighting some of the most significant events in commercial real estate’s history. This week: Blackstone and Wells Fargo’s mega-deal with GE Capital. Stay tuned for our weekly posts and follow along with us using the hashtag #CPETurns30.
Faros Lands $128M for 2 Pittsburgh Office Assets
HFF secured a five-year, floating-rate loan through Wells Fargo. The financing will be used for Nova Place, a 1.3 million-square-foot development, and 106 Isabella, a nearby vacant building.
HFF Closes Sale, Secures Financing for Austin Office Asset
The 251,143-square-foot building is situated along the Loop 360 corridor, within walking distance from San Clemente at Davenport and Davenport Village shopping centers.
Avison Young to Lease 250 E Ponce in Atlanta
The eight-story office tower is currently 84 percent leased to a diverse roster of tenants including Wells Fargo and Utility Associates.
Vornado Completes $500M NYC Refi
The 40-story office building is located in Midtown Manhattan at 330 Madison Ave. It’s the fourth Manhattan asset the REIT or an affiliate has refinanced in the last eight months.