Tag: 40M
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Investcorp Sells Orlando Industrial Park for $40M
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Harbert Management Corp. has acquired Cypress Park in Orlando, Fla. Image courtesy of JLL Harbert Management Corp. has acquired a five-building industrial park in Orlando, Fla., for $40.5 million. Cypress Park totals 256,838 square feet. According to CommercialEdge data, the seller was Investcorp. The company acquired the industrial park in 2021 for $28 million. The…
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CenterSquare JV Buys 621 KSF Portfolio, Lands $40M Loan
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The new owner plans to implement deferred maintenance programs throughout the entire portfolio. Image courtesy of CenterSquare Investment Management and Pagewood Real Estate The new owner plans to implement deferred maintenance programs throughout the entire portfolio. Image courtesy of CenterSquare Investment Management and Pagewood Real Estate The new owner plans to implement deferred maintenance programs…
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Madison Capital, Taconic Provide $40M for San Francisco Acquisition
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The State Bar of California will continue to occupy much of the office building at 180 Howard St. in San Francisco’s South Financial District. Image courtesy of the State Bar of California Madison Capital and Taconic Capital Advisors LP have provided $40 million in financing for the acquisition of 180 Howard St. in San Francisco’s…
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Tampa Cold Storage Project Gets $40M
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Tampa Cold Logistics site. Image courtesy of JLL Sansone Group has received $26.6 million in construction financing for Tampa Cold Logistics, a cold storage development in the Ybor City area of Tampa, Fla. JLL Capital Markets worked on behalf of the company in closing on the financing, in the form of a three-year, floating-rate construction…
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Tampa Office Asset Commands $40M
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Bridgeport Center. Image courtesy of NAI/Merin Hunter Codman MHCommercial Real Estate Fund II, in a joint venture with Siguler Guff, has purchased Bridgeport Center, a Class A 180,247-square-foot office property in Tampa, Fla., for $40 million, or $222 per square foot. M & T Bank provided acquisition financing. Cushman & Wakefield worked on behalf of…
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The Jaffe Cos. Lands $40M Refi for Chicago Retail Asset – Commercial Property Executive
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Edens Collection. Image courtesy of JLL Capital Markets The Jaffe Cos. has obtained a $40 million five-year, floating-rate loan for the refinancing of Edens Collection, a 142,740-square-foot, grocery-anchored retail center in Chicago. JLL Capital Markets arranged the financing on behalf of the borrower through Pacific Life Insurance Co. Anchored by a Target supermarket, the urban…
