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Thursday, 06 June 2002

West Regional Digest (6/7/02): AMB Buys Industrial Portfolio in Wash. for $46.2Mln

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June 7, 2002

AMB buys industrial portfolio in Wash. for $46.2Mln
Seattle Times

RENTON, Wash. – AMB Property has purchase seven buildings, including two Boeing buildings and the site of an Ikea store, for $46.2 million. The so-called Renton Industrial Portfolio, which covers 1.2 million square feet of warehouse, distribution, manufacturing and retail space in the Kent Valley, had been owned since 1984 by the Pacific Northwest Group A, which is linked to the California State Teachers' Retirement System pension fund.


Wal-Mart in Denver causing controversy
Denver Post

DENVER – Asian small business owners who revived a dying strip mall in west Denver are now fighting an ambitious city-backed plan that would replace their stores with a Wal-Mart. To customers, Alameda Square, at 2200 W. Alameda Ave., is more than a collection of 25 businesses ranging from large Asian supermarkets, liquor stores, beauty shops, restaurants and furniture rental. It is a retail hub for the burgeoning Asian community in metro Denver. But construction of a $33 million Wal-Mart could displace it beginning this fall. The business owners have already been told they face eviction.


Condo project planned near U of Denver
Denver Post

DENVER – The Gray Group plans to turn an empty lot near the University of Denver into a $27 million condo project. The property will be called University Park Place Residences and sit at the northeast corner of South Josephine Street and East Asbury Avenue. The 77 units in the three-story development will range from 800 to 1,800 square feet and cost between $200,000 and $400,000.


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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

  • Quarterly league tables with rankings of B-piece buyers, book runners, and lenders

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Additional Info

  • Syndicate to Realpoint: No
  • Subject: Property Acquisitions (ACQ), 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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