In a two-year period, Imperial Promenade went from 30-percent vacancy to 100 percent occupied thanks to a variety of leases. The property is owned by a partnership between DeBeikes Investment Company and Warmington Properties....More
Chambers Street Properties, based in Princeton, N.J., has signed a long-term lease renewal with Vital Records Control of South Carolina at its North Rhett III warehouse/distribution property in Charleston, S.C....More
There has been $30.3 billion in new CMBS issuance to date in 2013, according to Commercial Mortgage Alert. That puts the industry on pace to smash last year’s volume of $48.4 billion and will make 2013 the busiest year for CMBS issuance since 2007. Where do you think total CMBS issuance volume will end up in 2013?