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BELLEVUE, WA-The 10-year, fixed-rate loan from the New York State Teachers Retirement System will be used to pay off this November the construction loan funded in December by a syndicate of banks led by Bank of America and US Bank. In addition, Cigna Investments recently made a $33-million equity commitment in the eventual 1.4-million-sf project.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!