Commercial

The office property at 9501 E. Shea Blvd. came online in 1977. Image courtesy of CommercialEdge In the latest of a string of dispositions, Net Lease Office Properties has sold a 354,000-square-foot office building in metro Phoenix to an unspecified buyer…

Jason Dannatt, founder of Commercial Resource Capital, which has merged with the Houston office of Lee & Associates. Commercial real estate services firm Lee & Associates – Houston has acquired Commercial Resource Capital. The mortgage banking and real estate investment…

Perimeter Town Center comprises three medical office buildings. Image courtesy of JLL Harrison Street and Ackerman & Co. have refinanced Perimeter Town Center, a 274,284-square-foot medical office building portfolio in Sandy Springs, Ga. Mesa West Capital provided the three-year, $51.3…

One of CRC’s founders, Richard Glass, joined Lee & Associates as Principal last year in July. Image courtesy of Lee & Associates The commercial real estate services firm Lee & Associates – Houston has acquired Commercial Resources Capital. The mortgage…

Penn Mar Shopping Center has a diverse mix of tenants including Burlington, Ross Dress for Less, Dollar Tree, Petco and Foot Locker. Image courtesy of Meadow Partners DLC and Meadow Partners have acquired Penn Mar Shopping Center, a 378,205-square-foot, grocery-anchored…

Stating it has confidence in San Francisco’s long-term recovery, Related California is proposing more than doubling the size of a mixed-use building in the city’s Financial District and including more than 300,000 square feet of office space in its reimagined…

Chula Vista Medical Arts I came online in 1973 and underwent cosmetic renovation in 2013. Image courtesy of CommercialEdge Turner Impact Capital’s Healthcare Facilities Fund has received $29.1 million in financing for Chula Vista Medical Arts I, a 64,231-square-foot medical…

Shlomi Ronen of Dekel Capital Commercial mortgage-backed securities are having a banner year in terms of originations. Through the first half of the year, lenders securitized $42.29 billion of loans surpassing the total securitization volume of 2023, according to Trepp.…

520 Fifth Ave., a 70-story mixed-use tower underway in New York City. Photo by Therese Fitzgerald Between high interest rates, rising construction costs and tighter loan requirements, completing commercial development projects within a budget that meets profitability expectations is harder…