KBS Sells Nashville-Area Office Building
Boyle Investment Co. has closed on the purchase of this suburban asset.
The post KBS Sells Nashville-Area Office Building appeared first on Commercial Property Executive.
Boyle Investment Co. has closed on the purchase of this suburban asset.
The post KBS Sells Nashville-Area Office Building appeared first on Commercial Property Executive.
JLL arranged the deal and secured $65 million in acquisition financing.
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This asset previously traded in 2021 for $30.9 million.
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Tony Edwards reflects on his 30-year-plus career at Nareit.
A skincare and beauty brand will occupy the space for 11 years.
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The owner purchased the asset in a $879 million portfolio transaction.
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The onetime site of a suburban shopping mall will be turned into a mixed-use development.
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Additionally, the company secured nearly $600 million in co-invest agreements.
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Ascend Elements’ project will be the first facility of its kind in North America.
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A biopharma company will relocate its headquarters to the property.
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The landlord is planning substantial improvements for both Class A properties.
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Northmarq's Josh Darby on the upsides of prohibitive borrowing costs.
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Accounting for weak operations can buoy arguments to reduce taxable value, writes Baker Jarrell of Popp Hutcheson PLLC.
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Most loans coming due this year are not headed for default, observes Brian Good of iBorrow.
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Though their reasons may vary, most stakeholders have an urge or a need to start transacting again, observes Dekel Capital's Shlomi Ronen.
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Amkor Technology will develop the project following a final vote by the city council.
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Transwestern and OPEN Impact Real Estate represented the organization in the deal.
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Hans Nordby of Lionstone Investments on a few property types that offer buying opportunities this year.
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The two-building office complex is undergoing a $75 million redevelopment.
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This 10-year investment is part of the state’s push to become a global semiconductor hub.
The post $12B Chip Plant Expansion Planned in NY appeared first on Commercial Property Executive.