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Landlord mulls conversion for downtown office building with overdue loan

A loan backed by the property matured in February with a balance of almost $25 million and has been placed into special servicing, according to financial records viewed by the Business Journal......»»

Category: topSource: bizjournalsApr 26th, 2024

ACRES antes up $33M for CT apartment project

ACRES Capital Corp. has originated an approximately $33 million loan to fund the conversion of One Atlantic, a historic, nearly 94,000 s/f mixed-use office and retail property, into a 77-unit multifamily building with ground-floor .....»»

Category: realestateSource: realestateweeklyDec 24th, 2019

Affordable housing conversion of Journal Sentinel office endorsed

A $26 million conversion of a downtown Journal Sentinel office building into affordable apartments and new retail spaces gained a city approval Thursday. The building renovation, which would start in 2021 at the earliest, is one component of Milwaukee.....»»

Category: topSource: bizjournalsDec 5th, 2019

Get a sneak peek at the latest downtown Cincinnati apartments

Another downtown Cincinnati office building is being converted to apartments. Rookwood Properties is well underway on the conversion of the former Hamilton County Board of Elections building at 824 Broadway St. into Crane Factory Flats. The project .....»»

Category: topSource: bizjournalsMay 31st, 2018

Square Mile funds $161M One Broadway loan

Square Mile Capital Management has originated a $161 million loan secured by One Broadway, a 12-story office building adjacent to Battery Park in Downtown Man.....»»

Category: realestateSource: realestateweeklyDec 5th, 2018

Downtown tower"s incoming landlord strikes big deal with city hospital system

A partnership between GFP Real Estate and Northwind Group has completed a large lease with NYC Health and Hospitals at the downtown office building 7 Hanover Square and has big plans for the rest of... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 8th, 2019

Downtown tower’s incoming landlord strikes big deal with city hospital system

A partnership between GFP Real Estate and Northwind Group has completed a large lease with NYC Health + Hospitals at the downtown office building 7 Hanover Sq. and has big plans for the rest of the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 8th, 2019

Honolulu office building conversion to apartments unlikely to have immediate impact on the market

Commercial real estate experts have been saying that the removal of the 462,072-square-foot building from the Class A inventory downtown would push the vacancy rate below 10 percent, from around 16 percent......»»

Category: topSource: bizjournalsFeb 13th, 2019

National landlord Easterly buys office building leased to ICE

A major owner of government-leased properties is making another big play in the Dallas area. Read on for details about the deal......»»

Category: topSource: bizjournalsApr 22nd, 2024

Prominent Georgetown office building lands four new leases

It's a glimmer of good news for the landlord still facing a tough market......»»

Category: topSource: bizjournalsApr 17th, 2024

Urban Catalyst picks up another piece of the site for its $600M two-tower downtown San Jose project

The real estate investor and developer now owns two of the four parcels in needs to build its planned 26-story apartment building and a 20-story office tower......»»

Category: topSource: bizjournalsMay 6th, 2021

Thoma Bravo signs lease for big office in Miami"s Brickell

Thoma Bravo, which invests primarily in software and technology companies, will occupy the two top floors of this downtown building......»»

Category: topSource: bizjournalsApr 27th, 2021

Picotte Cos. sells large office building in downtown Albany

The 53,000-square-foot building is near the Capitol and state offices......»»

Category: topSource: bizjournalsMar 19th, 2021

San Jose"s Park Avenue revamp should start to take shape in 2023

Construction is well underway on downtown's first new speculative office building in more than a decade. Meanwhile, we now know when an adjacent nature-themed mixed-use tower is slated for completion......»»

Category: topSource: bizjournalsMar 15th, 2021

Midwood pitches Downtown Crossing office tower despite drop in demand

“We are confident in the future of Boston and downtown,” Midwood Investment and Development’s Mark Rollins said at a public meeting pitching a 345-foot-tall office building at Bromfield and Washington streets in Boston’s Downtown Crossing......»»

Category: topSource: bizjournalsFeb 11th, 2021

Sources: Dollar Bank still considering other HQ possibilities downtown

Sources indicate that Dollar Bank continues to consider offers for another downtown office building.....»»

Category: topSource: bizjournalsMay 8th, 2020

Historic landmark designation for CityView building would add new wrinkle for Jay Paul megaproject

If the building is designated as a historical San Jose landmark, the developer of an approximately 3.8-million-square-foot office campus project in the city's core may have to alter its current layout or purchase more property in downtown......»»

Category: topSource: bizjournalsMay 7th, 2020

VyStar forced to rethink office space while building downtown HQ

VyStar is mid-construction but is rethinking its office layouts to comply with social distancing guidelines......»»

Category: topSource: bizjournalsMay 4th, 2020

Developers launch renovation of downtown Covington office building, adding rooftop bar, restaurant

A local development team is starting on a complete renovation of a historical building in downtown Covington......»»

Category: topSource: bizjournalsApr 28th, 2020

High-profile downtown Phoenix office discounting some rents during pandemic

The building owners are temporarily lowering the offering price for move-in-ready speculative suites with short- or long-term leases......»»

Category: topSource: bizjournalsApr 14th, 2020

Downtown office tower hits the market for sale

The Ewing brothers have opted to sell one of downtown's early 20th century office towers, listing the Law and Finance building. SVN Three Rivers Commercial Advisors announced they were listing the property for sale in an email blast late last week. Bu.....»»

Category: topSource: bizjournalsApr 13th, 2020