The property was fully leased at the time of closing.
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Three of the property's four buildings are fully leased.
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Amit Rustgi will drive the company’s participation in high-yield loans secured by institutional real estate.
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The founder and former chairman intends to lead a separate entity focused on South Florida.
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The facility will come online next year.
The post VanTrust to Build Sephora’s New Midwest Distribution Center appeared first on Commercial Property Executive.
Find out how the metro performed in the first five months of 2024, according to CommercialEdge.
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EDENS and JPMorgan Chase & Co. sold the 95 percent leased asset.
The post Finmarc Pays $30M for Baltimore-Area Shopping Center appeared first on Commercial Property Executive.
The firm has been a tenant at the property for nearly four decades.
The post CBRE Extends Manhattan Lease, Takes On Triple Duty at Trophy Tower appeared first on Commercial Property Executive.
CEO Eric Mendelsohn highlighted how high interest rates and the aging population are benefitting the senior housing sector.
John Worth shares key themes from Nareit’s 2024 mid-year report.
Dothan Warehouse will sell the asset.
The post Vertical Cold Storage to Buy 109 KSF Alabama Facility appeared first on Commercial Property Executive.
JLL Capital Markets arranged a $21 million acquisition loan.
The post Adler Pays $38M for Denver Light Industrial Facility appeared first on Commercial Property Executive.
The 190,000-square-foot property came online in 2001.
The post CMC Group Lands $70M Refi for Miami Office Building appeared first on Commercial Property Executive.
John Park has been with the company for nearly 37 years.
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Several notable developments and lease deals took shape in the first half of the year.
The post Philadelphia’s Office Market Maintains Stable Course appeared first on Commercial Property Executive.
This acquisition brings the firm’s regional portfolio to 23 properties.
The post Alterra IOS Buys 3 Metro Atlanta Assets appeared first on Commercial Property Executive.
Automation increases stickiness to manufacturing and logistics facilities, one expert observes.
The post FANUC America Opens $110M Robotics Facility appeared first on Commercial Property Executive.
With a focus on mission-critical facilities, the partnership has acquired a property in metro Knoxville, Tenn.
The post Brennan, Arch Street Seed $300M Industrial JV appeared first on Commercial Property Executive.
MidFirst Bank and seven other financial institutions provided the funds for a new outpatient facility.
The post Oklahoma Health Center Lands $167M for Campus Expansion appeared first on Commercial Property Executive.
