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PRESS RELEASE: PCCP, LLC Provides $27.1 Million Senior Loan to a Transwestern Partnership to Acquire 299,792-Square-Foot REO Class A Office Park in Suburban Chicago

2013-08-05 17:24:00| National Real Estate Investor

Darcie Giacchetto PCCP, LLC announced today it has provided a $27.1 million senior loan to a joint venture between Transwestern Sponsorship Equity Partners I and Soundview Real Estate Partners to acquire, re-position and lease-up Corridors I & II, a 50.9 percent leased, two-building Class A office park totaling 299,792 square feet. The property is located at 2651 and 2655 Warrenville Rd., in Downers Grove, Illinois within the East/West Corridor submarket of suburban Chicago. read more

Tags: office press class park

 

PRESS RELEASE: Suburban Office Buildings: Solutions for Vacant, Obsolete Office Parks

2013-07-23 21:08:00| National Real Estate Investor

Evelyn Francisco New Jersey's suburban office markets continue to struggle post-recession, and the latter isn't the only - or main cause. read more

Tags: office press release solutions

 
 

PRESS RELEASE: HFF Arranges $21 Million Refinancing For Biotech And Data Center Facility In Suburban Seattle

2013-07-23 18:59:00| National Real Estate Investor

ol HFF arranged a $21 million refinancing for Nexus Canyon Park Research Center, a 152,050-square-foot biotech and data center facility in the Seattle suburb of Bothell, Washington. read more

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Heat wave almost turns suburban lakes into 'bathwater.'

2013-07-22 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Daily Herald: During heat waves like the one now baking the suburbs, hundreds of people flock to local lakes for a bit of cooling refreshment. But can the water get too hot for comfort? The blistering temperatures of the past week have boosted temperatures in suburban lakes, too. In McHenry County, water temperatures in some lakes have pushed well into the 80s, officials said. "It can feel almost like bath water now," said Gail Weber, laboratory coordinator for the McHenry County Health Department. "When...

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PRESS RELEASE: HFF Marketing For Sale Willow Crossing in Suburban Chicago

2013-07-18 22:39:00| National Real Estate Investor

Kristen Murphy HFF has been selected to market the sale of Willow Crossing, a 579-unit, garden-style multi-housing community in Elk Grove Village, Illinois. HFF is marketing the property on behalf of the seller, Golub & Company. read more

Tags: press sale marketing release

 

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