Sound Point foreclosure against Stanton Road sinks $20M office deal
The real estate lender led by Stephen Ketchum is suing the landlord after extending its debt maturity until later this year.
Bergen office building sells for 19% increase despite soft suburban demand
common areas and building systems made this an attractive opportunity for the buyer,” CBRE Vice Chairman Jeff Bunne said in a ...
The Real Deal6d
Hamilton lands tenant as pressure mounts for suburban office debt
Hamilton Partners scored a tenant at its Esplanade IV office building in Downers Grove, a win for the landlord as it scrambles to stabilize its troubled suburban office complex it co-owns with ...
Owner of Downtown's 55 Allen Plaza surrenders 14-story office building
The owner of a 14-story Downtown tower that’s long been anchored by accounting firm EY has handed over the keys to the ...
Daily Record28d
Parsippany office building, part of a 'dying breed,' sells for $10.2 million
“Class B and C are older suburban office buildings which are of the lowest quality and often not in very good condition,” he said. Stern called Class B properties like the Cherry Hill Road ...