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Washington Trust Provides $3.5 Million in Financing for Apartment Complex in Ellington, CT
WESTERLY, R.I. -- Washington Trust's Commercial Real Estate Group recently provided $3.5 million in financing to Taymil Stonebridge Portfolio, LLC, a subsidiary of Taymil Partners, to refinance and complete ...
Updated: New industrial park planned for South Valley
A 24-acre industrial park, with a 108,800-square-foot warehouse as its opening phase, is planned by ...
Green-rated office buildings claim better returns
Green-rated office buildings are worth more and earn a better return than other office blocks according to the Property Council.
Wilcon Depot now offers BPO space
With demand for office space projected to remain strong over the medium term, investors have become more resourceful in identifying and constructing office space in strategic Metro Manila locations to appeal to BPOs. Business process outsourcing (BPO) companies, who have been buoying the office market for the past decade, continue to lease hundreds of thousands of square meters of office space ...
Ten percent of S&P 500 companies avoid paying U.S. taxes
Fueled by a wave of inversions, a record 54 companies in the Standard & Poor’s 500 Index of leading U.S. firms are now at least partially exempt from the corporate income tax. Other companies have declared themselves to be real estate investment trusts, or REITs, which the Internal Revenue Service doesn’t treat as corporations. Just this year, Equinix Inc., a California company that operates ...
Pair of suburban office buildings drops $126M in value since 2007
A slowdown in federal spending hurt. So did a growing desire by tenants to be closer to mass transit and places with a downtown feel.
DGAP-News: DEMIRE Deutsche Mittelstand Real Estate AG secures a further commercial property in Schwerin
'New fiber' at Phipps Bend crucial to industrial recruitment
SURGOINSVILLE — The availability of high speed Internet is expected to make the Phipps Bend Industrial Park more attractive to companies shopping for locations to build a plant.For years the Hawkins County Industrial Development Board has tried to get “fiber” into Phipps Bend, but the providers weren't willing to make the investment. When Sullivan County’s NETWORKS industrial recruiting ...
Heavy snow causes Bethel roof collapse
There was a partial roof collapse Wednesday at 13 Clarke Industrial Park in Bethel. The collapse occurred in the north end of a 95,000-square-foot building that also houses Sky Zone trampoline center.
Fitch Affirms LNR's Special Servicer Rating for Commercial Real Estate Loans
Fitch Ratings has affirmed the commercial loan special servicer rating of LNR Partners, LLC's at 'CSS1-'.