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BALTIMORE, MD-Refinancing to the tune of $91 million gets put in place for eight local apartment communities, courtesy of Uniondale, NY-based Arbor Commercial Mortgage LLC.
HENRY COUNTY, VA-Mexico's loss becomes the US's gain as yarn manufacturer Globaltex Inc. decides to relocate its manufacturing facility, and more than 150 jobs, to Virginia. Globaltex will buy a 77,000-sf building.
CHICAGO-The law firm representing the mortgage banking industry signs a 49,760-sf lease for space at 1 N. Dearborn St., moving from 18 S. Michigan Ave.
ORLANDO-The local office of Atlanta-based Primary Capital, headed by Todd F. Cohen, arranged $8.9 million in financing for two properties that sold for a total $11.4 million in St. Augustine and Largo, both in Florida.
MIAMI-As director, Tom David is focusing on development, investment and brokerage services in the South Dade market. In addition, he will handle government relations for the commercial real estate development and brokerage services firm.
RICHMOND, VA-Coughing up $175 million, the Lightstone Group acquires a 52-property apartment portfolio in Richmond and Roanoke, as well as a single property that sits in North Carolina. The apartments account for 6,5000 residential units.
PRINCETON, NJ-The company will now occupy a total of 56,000 sf at Boston Properties' 506 Carnegie Center after a transaction arranged by Newmark of NJ.
HOUSTON-The 15-year-old residential mortgage service firm is experiencing growth in all departments, adding 21,507 sf for a new total of 147,987 sf at Loop Central Three. The two-year tenant signs for the long term.
ATLANTA-The 28-story building, within the CNN Center complex, is a partnership of Omni Hotels, Turner Broadcasting System and the local design firm of Culpepper, McAuliffe and Meaders Inc. The 600-room addition to the existing 467 room hotel opens Nov. 10.