Specific details around what the development will include remain unknown.
The loan will refinance 12 distribution centers owned by Preylock, a landlord with one of the biggest industrial portfolios leased to the e-commerce giant.
Fridays might not be remote work days anymore at some of the largest financial institutions in the world.
A source tells Bisnow that Greenstone is simultaneously marketing the office space for lease as well.
The biggest leases, sales and financing deals this week in New York City.
The office landlord negotiated to extend the loan's maturity date to July 2025 with a six-month extension option.
The CEO and founder of VC firm Nectar is all about finding opportunities in untapped markets and serving those areas.
Chicago's Class-A office availability rate dropped 20 basis points quarter-over-quarter, the first decline in that stat since before the onset of the pandemic.
$500M of the financing for the 3eleven project is being sold as a single-asset CMBS loan.
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