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SAN DIEGO-When GlobeSt.com caught up with the capital markets experts on where lending sources are focusing their money, we learned that, among other things, construction dollars for office, retail and industrial are available, at least for those best-of-class assets.
SAN JOSE, CA-The project is fully-entitled for up to 2.8 million square feet of development, and GlobeSt.com learns that phase one will cost well over $100 million.
CHICAGO-The additional five properties total approximately 4.28 million square feet. The firm also added two new members to the leasing team to help support the increased inventory.
IRVINE, CA-GlobeSt.com exclusive learns that the multi-investor Low Income Housing Tax Credit fund will finance eight affordable housing properties, totaling 445 units.
SEATTLE-The firm is also in escrow to acquire Skyline Tower, a 417,000-square-foot, 24-story, class A office building in Downtown Bellevue for approximately $186 million.