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Sunday, 02 June 2002

West Regional Digest (6/3/02): Software Firm Axes Lease, Files Lawsuit

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June 3, 2002

Software firm axes lease, files lawsuit
The Business Journal of Phoenix

TEMPE, Ariz. – Local software firm Integrated Information Systems Inc. and MCW Holdings, creators of the Brickyard on Mill, are embroiled in lawsuits after IIS terminated a lease, citing MCW's inability to complete the structure on time. IIS was to be the main business tenant, occupying 72,000 square feet in the newly constructed Brickyard at Seventh Street and Mill Avenue. The 330,000-sf facility also includes retail shops and 83 condominiums. IIS terminated its lease and filed suit in January against MCW for failure to deliver in a timely manner. IIS had expected to move in last fall and is hoping to recover costs. MCW subsequently filed a counterclaim for lost expenses including rent.


Opus seals deal, aims to shake things up in Livermore, Calif.
East Bay Business Times

LIVERMORE, Calif. – Kaye-Smith will lease 65,000 sf in the Greenville Business Center off Interstate 580. Given the slow market, the deal is one of the largest industrial/flex space leases in the East Bay this year. Opus West put up the 267,400-sf building at the corner of Las Positas and North Greenville roads almost two years ago and has been mostly vacant since then. Telcobuy, a telecommunications company, occupies 89,000 sf, leaving 114,000 sf available.


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“The Weekly”

“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:

  • Breaking mortgage, CMBS, and REIT news

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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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