Crain's Chicago Business RPM Living has paid $125 million, or $385,802/unit, for SoNo East, a 324-unit apartment property in Chicago's Goose Island neighborhood. The Austin, Texas, investor acquired the property, at 840 West Blackhawk St., from PGIM Real...

Commercial Real Estate Direct Staff Report Plymouth Corporate Center, a 628,436-square-foot office property in the Minneapolis suburb of Plymouth, Minn., has been reappraised at a value of $45.3 million. The latest appraisal, which was highlighted this morning in...

InvenTrust Properties has paid $34 million, or $201.18/sf, for New Garden Crossing, a 169,000-square-foot retail property in Greensboro, N.C. The Downers Grove, Ill., REIT purchased the shopping center from Hackney Real Estate Partners of Richmond, Va., which had bought...

South Florida Business Journal A venture of Intalex, Itero Investments, and Greenwall has bought The Ponce, a 365,000-square-foot office complex in the Miami suburb of Coral Gables, Fla., for $97.8 million, or $267.95/sf. An affiliate of PGIM Real...

Commercial Real Estate Direct Staff Report The $37.5 million loan against the 58,850-square-foot Ditson Building in Lower Manhattan has been transferred to special servicing due to imminent default. The loan, securitized through BANK, 2018-BN13, pays a fixed rate...

The Real Deal A venture of Bandera Ventures, HPI Real Estate, and Second City Real Estate is offering for sale Ross Tower, a 1.1 million-square-foot office building in Dallas. Cushman & Wakefield has been tapped to market the...

South Florida Business Journal Waste Connections has paid $51 million for an 11.9-acre industrial outdoor storage facility at 17707 NW Miami Court in Miami Gardens, Fla. The Woodlands, Texas, waste management company purchased the site through its Waterway...

Commercial Real Estate Direct Staff Report Nitya Capital has paid $41 million, or $149,635/unit, for Tides on McDowell, a 274-unit apartment property in Phoenix. The Houston investment firm acquired the property from Tides Equities, which bought it in 2021...

Boston Business Journal A venture of Lincoln Property Co. and investors advised by JPMorgan Asset Management has bought The Edge, a 962,000-square-foot office complex in Wakefield, Mass., for $61 million, or $63.41/sf. Hobbs Brook Real Estate of Waltham,...

It appears the Valley West Mall in West Des Moines, Iowa, is once again under contract to be sold. The 856,428-square-foot shopping center had been expected to sell for $13.1 million to the city of West Des Moines, which...

Commercial Observer Delshah Capital has paid $127.8 million for a portfolio of three mixed-use properties in the Williamsburg section of Brooklyn, N.Y., in separate deals. The New York real estate developer paid $45.8 million for 227 Grand St.,...

Atlanta Business Chronicle Trinity Property Consultants has paid more than $53 million, or $176,667/unit, for The Eva, a 300-unit apartment complex in Atlanta's Sandy Springs area. The Irvine, Calif., multifamily property owner purchased the property from an affiliate...

Boston Business Journal Driscoll Foods has paid $43 million, or $128.98/sf, for a 333,386-square-foot industrial facility at 1 Van Bergen Lane in West Coxsackie, N.Y. The Wayne, N.J., family-owned food distributor purchased the property from Winstanley Enterprises of...

Boston Business Journal Northeastern University has paid $169 million, or $241,429/bed, for the East Village student-housing property in Boston. The university acquired the building from Phoenix Property Co. and Lincoln Property Co., both of Dallas. East Village, at...

Commercial Real Estate Direct Staff Report Target Corp. has signed a 15-year lease for 135,000 square feet at the Rego Park Shopping Center in Queens, N.Y. The Minneapolis retailer leased the space from Alexander's Inc. of Paramus, N.J.,...

PCCP has provided $61.3 million of financing against Parc Riverside East, a 287-unit apartment property in Washington, D.C. The loan allows the owner of the property, Kennedy Wilson of Beverly Hills, Calif., to retire existing debt that was...

Brixmor Property Group has paid $46.5 million, or $301.77/sf, for the shopping center space at the Jones Crossing mixed-use complex in College Station, Texas. The New York REIT purchased the 154,092-square-foot retail property from Stratus Properties. The Austin,...

Commercial Observer Stockbridge has paid $46.1 million, or $2,634/sf, for the nearly 17,500-square-foot retail building at 1511 Third Ave. in Manhattan's Upper East Side. The San Francisco investor acquired the property from a venture of Union Investment and...

Commercial Real Estate Direct Staff Report The value of the 614,000-square-foot former headquarters of Spectra Energy in Houston's Uptown/Galleria submarket has been slashed by 75.5% to $20.7 million. The reappraisal comes on the heels of the departure of...

Digital Realty has agreed to pay $3.5 billion to increase its ownership stake in three data centers with 288 megawatts of power capacity that are being constructed in Northern Virginia. The data-center REIT, which is developing the properties...

ASG Equities has paid $39.11 million, or $197.67/sf, for the 197,860-square-foot office property at 7954-7974 UW Health Court in Middleton, Wis., a suburb of Madison, Wis. The family office of the Gindi family acquired it, while executing a 1031 exchange,...

Multi-Housing News Goldman Sachs & Co. has paid $81.4 million, or $315,503/unit, for Broadstone Seventh Street, a 258-unit apartment property in Phoenix. The banking giant acquired the property in an all-cash deal from its developer, Alliance Residential Co....

OakNorth Bank has provided $24.2 million of financing to facilitate the purchase of Bethesda Towers, a 568,642-square-foot office complex in downtown Bethesda, Md. A venture of Roadside Development of Washington, D.C., and Hudson Bay Capital of Stamford, Conn., purchased...

Multi-Housing News Camden Property Trust has paid $43.5 million, or $221,939/unit, for the 196-unit Grove at Shadow apartment complex in the Nashville, Tenn., suburb of Franklin, Tenn. The Houston REIT purchased the 15-building property from Eaton Vance Corp....

American Landmark Apartments has paid $51.5 million, or $214,583/unit, for Woodland Pointe Residences, a 240-unit apartment property in Nashville, Tenn. The purchase price was first reported by the Nashville Business Journal. The Tampa, Fla., multifamily investor purchased the...