BKM JV Pays $120M for Bay Area Portfolio
The collection encompasses three business parks dating back to the 1980s.
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The collection encompasses three business parks dating back to the 1980s.
The post BKM JV Pays $120M for Bay Area Portfolio appeared first on Commercial Property Executive.
The latest update based on U.S. Census Bureau data.
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Data from Trepp's latest report.
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A Phoenix facility backs the financing.
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Peachtree Group originated the financing.
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Bank of America issued the note.
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Five suburban shopping centers have a new owner.
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CBRE’s Mike Watts says new office deliveries in 2025 to be about 25% of 2019 levels.
The company has been investing in the 1.3 million-square-foot property for over a decade.
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As part of this move, Christopher Merrill, co-founder & CEO of Harrison Street, is taking on an expanded role.
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The facility will provide up to 300 megawatts of capacity at full build-out.
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Delivery is expected by the second quarter of 2026.
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Trepp's monthly update. Read the report here.
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Despite lower origination volumes, the overall level of commercial mortgage debt rose in the first quarter of 2025.
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ARCO Design/Build’s Joel Olson on what’s driving growth in this market.
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One industry accounts for most of the activity, according to Yardi Research Data.
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The Class A industrial outdoor storage properties span 43 acres.
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The acquisition marks the company’s 10th industrial property in this market.
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The two properties changed hands for more than double their last sale.
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This transaction expands the company's Nevada footprint to more than 20 million square feet.
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