Former GM Facility in Shreveport, La., Reaches Full Occupancy
SLB first established its presence at the property in 2023, with a 1 million-square-foot lease that was subsequently expanded to 2.5 million square feet of Shreveport industrial space. The latest expansion takes the remaining balance of space at the campus, bringing occupancy to 100%.
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Joint Venture Locks Down Nearly $1 Billion in Refinancing for Northern Virginia Data Center
A joint venture between Corscale Data Centers and Affinius Capital has secured a $975 million refinancing package for Project Helios, a newly constructed data center that’s part of the Gainesville Crossing Data Center Campus in northern Virginia. Functioning as a refinancing of the facility’s original construction loan, the transaction stands as one of the largest financing agreements recorded to date for a commercial real estate space in Gainesville, Va.
Letter of Intent for a Commercial Lease: A Tenant’s Guide
Before you sign a commercial lease, you sign something shorter and far more important than most tenants realize. A letter of intent for a commercial lease is the…
$138 Million Refinancing & Recapitalization Locked in for 370 Lexington Ave.
A $138 million refinancing and recapitalization has been finalized for 370 Lexington Ave., a recently modernized, 317,000-square-foot Manhattan, N.Y., office space within the city’s Grand Central submarket. The transaction was announced by the New York City-based real estate investment and development firm Broad Street Development (BSD) and real estate investment, development and operating firm KSR Capital.
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