Prospectus Details $300M Loan on Gateway Center Phase II

Deutsche Bank Securities, Inc has filed a prospectus related to COMM 2014-CCRE20, which is comprised of 64 commercial property loans secured by 101 properties with an aggregate principal balance of…

Industrial Property Trust to Acquire CostCo Distribution Center in NJ for $23.5M

A subsidiary of Denver-based Industrial Property Trust Inc. has agreed to acquire a 100 percent fee interest in the 8A Distribution Center, an industrial building at 1 Jebara Way in…

Heidrick & Struggles Extends Lease, Consolidates at Willis Tower

Executive search firm Heidrick & Struggles has amended its lease at the Willis Tower at 233 South Wacker Dr in Chicago and extended its lease term in the building through…

Prospectus Details $49M Loan on 6010 Bay Parkway in Brooklyn

A prospectus filed by Citigroup Global Markets Inc and Goldman, Sachs & Co for Citigroup Commercial Mortgage Trust 2014-GC25 provides details on the pool’s top loans, including a $49 million…

Northstar Originates $144M Loan on RXR-Managed Portfolio

NorthStar Real Estate Income II, Inc. has originated a $144 million senior loan secured by a portfolio of 28 commercial properties located in Woodbury, NY. The borrower is an affiliate…

Autodesk Relocation from Waltham Could Impact Loan on HQ Building

Autodesk‘s potential relocation from 1560 Trapelo Road in Waltham, Mass to a more urban location in either Cambridge or Boston could have an impact on the $18.7 million loan originated…

Hilton Springfield Sees its Appraised Value Slashed

Hilton Springfield, the 245-room, full service hotel in Springfield, VA valued at $49 million in early 2012, has seen its appraised value lowered to $27.7 million due in part to…

Prospectus Details $180M Refi on 17 State St in NYC’s Financial East Submarket

J.P. Morgan Chase Commercial Mortgage Securities Trust has filed a prospectus related to JPMBB 2014-C23, a $1.4 billion CMBS conduit transaction collateralized by 65 fixed rate commercial mortgage loans that…

REIT Agrees to Pay $29.25M for Hilton Garden Inn in Austin, TX

Moody National REIT I, Inc. has agreed to acquire the Hilton Garden Inn Northwest Arboretum, a hotel property in Austin, Texas, for an aggregate purchase price of $29.25 million, excluding…

Industrial Property Trust Agrees to Acquire O’Hare Distribution Center for $27.1M

IPT O’Hare DC LLC, a subsidiary of Denver, CO-based Industrial Property Trust Inc., has entered into an agreement to acquire a 100 percent fee interest in the O’Hare Distribution Center,…