CBL Sells SoCal Mall
The deal helps the company pay down debt.
The post CBL Sells SoCal Mall appeared first on Commercial Property Executive.
The deal helps the company pay down debt.
The post CBL Sells SoCal Mall appeared first on Commercial Property Executive.
West Harbor represents a $500 million investment in this waterfront community.
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JLL arranged the three-year financing through Forbright Bank.
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The property near Albany came online in 2010.
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This is the market's largest office deal in a decade.
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The century-old property stood almost fully vacant for half its life.
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Loan originations will focus on first mortgages secured by high-quality properties across the U.S. and Western Europe.
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With the clock ticking on many provisions, executives are locked in.
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With lightning speed, President Trump rolled back Federal action on key environmental issues. Therese Fitzgerald and USGBC's Ben Evans assess the implications.
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Crow Holdings developed the property that came online last year.
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The warehouse came online on the site of a former office campus.
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Lowe's sold the property in a deal arranged by JLL.
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The acquisition also includes the mixed-use asset's office and residential components.
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This asset previously traded for $93.5 million in 2018.
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The firm will partner with the building owner for tenant improvements.
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The office building was 97 percent leased at the time of sale.
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JLL Capital Markets represented the sellers.
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Here’s how the Emerald City is performing, according to the latest CommercialEdge data.
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The fully leased buildings are in the Dallas-Fort Worth area.
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Here's a look at the market's performance, based on data from CommercialEdge.
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