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Industrial outdoor storage has suddenly emerged from a niche asset class owned by local players to one with national interest from institutional capital.
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Vista Property Group is confident enough in Fulton Market's future to shell out $32M for a pair of neighborhood buildings, one vacant, and a big chunk of land.
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New York developer DH Property Holdings said it was drawn to the 5-acre site because of its proximity to Boston and Logan Airport.
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Lincoln Property Co. filed plans for a new development that includes life sciences, office, residential and a new headquarters for Mass Bay Credit Union.
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The listing comes as its landlord has defaulted on a loan backing the building.
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Columbia Property Trust, now owned by Pimco, purchased the Market Square complex in 2011 for a record per-square-foot price.
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Bank OZK recognized a charge-off of $16.9M on a loan made to a subsidiary of Sterling Bay during the fourth quarter.
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Thrift store chains Red, White & Blue and Liberty Ministries inked the two biggest retail leases in greater Philadelphia last quarter, according to CBRE.
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William Davis, Capstone's chief development officer, will serve as managing principal.
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Brookfield Asset Management has agreed to acquire a 50.1% stake in Angel Oak Cos., which offers mortgages to borrowers who wouldn't qualify for typical loans.
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