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Wednesday, 13 March 2002

West Regional Digest (3/14/02): Immunex's Seattle Complex Scaled Back

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March 14, 2002

Immunex's Seattle complex scaled back
Seattle Times

SEATTLE – A significant portion of the construction work on Immunex's $750 million research and development center is being halted, and some of the buildings will be torn down. The first phase is to be completed by the end of 2003. Three of the eight buildings under construction will be torn down and many construction workers will be laid off tomorrow. Construction on two administrative office buildings and a warehouse will be stopped, but work will continue on research labs.


Office building planned for Colorado Springs is city's third in 3 years
Denver Post Gazette

COLORADO SPRINGS, Colo. – Developers First Properties and Cooper-Davis Partners plan to build a $6 million, four-story office building on the northwest corner of Pikes Peak Avenue and Corona Street. Construction is expected to begin in August. The 28,500-square-foot building will be called Four Gateway Plaza.


174 units to be built in National City, Calif.
San Diego Union Tribune

NATIONAL CITY, Calif. – The City Council has approved a multimillion-dollar plan to build the city's largest subdivision in 15 years, after a compromise between the developer and neighbors concerned about traffic and preserving open space. The developer will build 174 condominium units, 10 more than proposed, in exchange for building one single-family home instead of the two planned. The project, a gated community with a pool and tot lots, will be built east of Plaza Bonita Shopping Center, on the south side of Sweetwater Road. Construction may begin in early 2003. The two-and three-bedroom, two-story units will range from 1,370 to 1,640 sf. Prices will range from the low to mid-$200,000's.


San Jose resort project OK'd by city council
San Jose Mercury News

SANTA CRUZ, Calif. – Plans to rebuild and expand Santa Cruz's classic but crumbling La Bahia hotel got a green light from the city council Tuesday. The first phase of the project will be restoration of the current 45 La Bahia apartments, which house UC-Santa Cruz students during the school year and workers during the summer. The second phase will involve construction of 110 rooms.


162-room Courtyard hotel opens in heart of Oakland
Oakland Tribune

OAKLAND – Marriott International has opened a 162-room Courtyard by Marriott downtown. The five-story Courtyard is at 988 Broadway, across the street from the 21-story, 484-room Oakland Marriott City Center.


Commercial Real Estate Direct provides links to full stories where available.


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“The Weekly” is Commercial Real Estate Direct’s PDF newsletter, sent to subscribers every Friday morning. With over 100 news stories published on Commercial Real Estate Direct each week, “The Weekly” features the top stories in commercial real estate that industry participants need to know first. “The Weekly” also contains:

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Additional Info

  • Syndicate to Realpoint: No
  • Subject: West Regional Digest (WDIG)
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Data Digest

 

CMBS DELINQUENCY VOLUME

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CMBS SPECIAL SERVICING VOLUME

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Top Bookrunners Domestic, Private-Label CMBS - 2017
Investment Bank #Deals Vol$mln MktShr%
Goldman Sachs 17.59 11,819.34 13.68
JPMorgan Securities 14.52 10,968.11 12.70
Citigroup 12.04 10,012.71 11.59
Wells Fargo Securities 14.02 9,936.06 11.50
Deutsche Bank 12.55 9,879.74 11.44

 

RCA CPPI

 

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CMBS 2.0 Spreads

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Top CMBS Loan Contributors - 2017
Lender #Loans Vol$mln MktShr%
Goldman Sachs 146.89 11,719.34 13.63
JPMorgan Chase Bank 117.68 10,114.14 11.76
Deutsche Bank 198.48 9,689.97 11.27
Morgan Stanley 166.18 8,539.78 9.93
Citigroup 199.05 8,088.24 9.41

 

 

 

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