Chicago-headquartered LaSalle Investment Management has acquired Tempe Commerce Park, a five-building industrial complex totaling 536,122 square feet in Tempe, Arizona. The 36.79-acre property features 24-foot clear heights, dock-high and grade-level doors, and ample...
The Mortgage Bankers Association (MBA) promoted Jamie Woodwell to senior vice president of commercial/multifamily policy and strategic industry engagement. Woodwell joined MBA in 2004, and most recently served as vice president and head of commercial real estate...
The commercial real estate services and investment company CBRE Group Inc. (NYSE: CBRE) and the hedge fund Citadel LLC have signed significant office leases in historic Manhattan properties. CBRE announced it will establish a global financial headquarters at Lever...
A&G Real Estate Partners, the real estate advisor to Party City Holdco Inc., announced plans to auction 695 Party City store leases as the celebrations retailer begins to wind down its operations. Party City announced last month that it was going out of business,...
Rhino Investments Group, a Las Vegas-based commercial real estate firm, has acquired Lancaster Marketplace, a retail center in Salem, Oregon. Spanning a location at the busy intersection of Lancaster Drive and Highway 22, Lancaster Marketplace is anchored by WinCo...
The commercial mortgage-backed securities (CMBS) delinquency rate spiked by 17 basis points in December to 6.57%, according to new data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 206 basis points. The percentage of loans that are seriously...
