Commercial Real Estate Direct Staff Report CJ Park & Associates has lined up a $19.1 million mortgage from Barclays Capital against the 142,957-square-foot Pacific Town Center retail property in Stockton, Calif. The five-year loan amortizes on a 30-year...

Commercial Real Estate Direct Staff Report New York Life Insurance Co. has provided $141.82 million of financing against the 509-unit Wolf Point West apartment property in Chicago. The three-year loan was arranged by JLL Capital Markets. It allowed...

A venture between Harbor Associates and Farallon Capital Management has paid $81 million, or $289.29/sf, for the Yorba Linda Commerce Center, a 280,000-square-foot industrial complex in the Orange County, Calif., city of Yorba Linda. The venture bought the...

Atlanta Business Chronicle TA Realty has paid $55.4 million, or $522.64/sf, for Peachtree Station, a 106,000‑square‑foot retail property in Chamblee, Ga., about 11 miles north of downtown Atlanta. The Boston company purchased the shopping center from Harrison Street...

Dallas Business Journal Hillwood Urban and Vanderbilt Office Properties have increased their ownership interests in Towers at Williams Square, a 1.4 million‑square‑foot office complex in the Dallas suburb of Irving, Texas. Hillwood, of Dallas, and Vanderbilt, of Chicago,...

Commercial Real Estate Direct Staff Report Piatt Cos. has recapitalized the 18-story Tower Two-Sixty mixed-use building in downtown Pittsburgh by splitting it into fee and leasehold interests and securing a mortgage against the resulting fee interest. The company...

Crain's Chicago Business The 691,410-square-foot office building at 2 North LaSalle St. in Chicago has been brought to the sales block by the bondholders that took control of it two years ago. Torchlight Loan Services, the special servicer...

Silicon Valley Business Journal Brookfield has paid $90.25 million, or $752.08/sf, for the 120,000-square-foot Equinix SV4 Sunnyvale Data Center in Sunnyvale, Calif., about 41 miles southwest of San Francisco. The New York investment firm acquired the property, at...

Commercial Real Estate Direct Staff Report Washington Capital Management Inc. has paid $41 million, or $1,901/sf, for the 21,565-square-foot retail portion of 500 North Michigan Ave. in Chicago. The Seattle investment manager bought the space from an investor...

Washington Business Journal KBS REIT III is offering for sale 3001 and 3003 Washington Blvd., a pair of office buildings totaling 305,890 square feet in Arlington, Va. The Newport Beach, Calif., REIT has tapped Newmark to market the...

The venture of Rabina and New Blueprint Partners that's developing the VIC apartment property in Vancouver, Wash., has lined up $75 million of construction financing for the 250-unit project. The loan was arranged by JLL Capital Markets. The apartment...

Commercial Real Estate Direct Staff Report The $135.98 million CMBS loan against the Poughkeepsie Galleria shopping mall in suburban New York has once again transferred to special servicing. It marks the second time the loan has been in...

Crain's Chicago Business R.I.G. Capital has paid $167 million, or $149,775/unit, for the 1,115-unit Pavilion Apartments in Chicago, near O'Hare International Airport. The local investment firm acquired the property, at 5441 North East River Road, from Brookfield Asset...

Baltimore Business Journal Reisterstown Shopping Center in the Baltimore suburb of Reisterstown, Md., has changed hands for $40.6 million, or just more than $266/sf. The 159,522-square-foot property, at 11989 Reisterstown Road, was purchased by a venture of Rappaport...

Boston Business Journal An affiliate of Elliott Management has paid $124 million, or $512,397/room, for The Godfrey Hotel, a 242‑room property in Boston. The West Palm Beach, Fla., investment firm acquired it from Union Investment, a German asset...

Denver Business Journal Ares Management Corp. has paid $64.7 million, or $227.82/sf, for Verve Commerce Center, a two-building industrial property with 284,000 square feet in Broomfield, Colo., a northern suburb of Denver. The Los Angeles investment manager acquired...

Commercial Real Estate Direct Staff Report The Vornado Realty Trust venture that owns the 194,000-square-foot office building at 61 Ninth Ave. in Manhattan's Chelsea neighborhood has lined up a $161 million mortgage from UBS. Vornado owns the eight-year-old...

A venture led by CenterSquare Investment Management has paid $17.15 million, or nearly $161/sf, for the 106,643-square-foot Philips Highway Industrial Park in the Southside area of Jacksonville, Fla. The Conshohocken, Pa., investment manager bought the 10-building property from...

Commercial Real Estate Direct Staff Report The freestanding Lord & Taylor store in the Westchester County, N.Y., town of Scarsdale has been sold for $79.6 million, or nearly $401/sf. The 198,523-square-foot property, on 11 acres at 750 White...

Dwight Capital has originated a $130 million loan under the U.S. Department of Housing and Urban Development's 223(f) program against the 358-unit Gardens Residences in downtown North Miami. The loan allowed the property's developer, Omega Real Estate Management...

Philadelphia Business Journal A venture of Finmarc Management and KPR Centers is offering for sale Providence Town Center, a 760,000‑square‑foot shopping center in Collegeville, Pa. CBRE has the listing for the retail property, which sits on an 82‑acre...

Nashville Business Journal Cushman & Wakefield has been tapped to market for sale the Radius Building, a 265,000‑square‑foot office property in Nashville, Tenn. Rubicon Equities owns the 10-story building at 601 11th Ave. North in the city's Capitol...

Washington Business Journal The NHP Foundation has paid $53.7 million, or $246,330/unit, for Hadley Germantown, a 218‑unit affordable-housing complex in Germantown, Md., about 25 miles northwest of downtown Washington, D.C. The New York nonprofit acquired the apartment property...

Charlotte Business Journal Miramar Capital has paid $55.8 million, or $315,254/unit, for a pair of build‑to‑rent townhome communities with a total of 177 units in Charlotte, N.C. The Los Angeles investment firm purchased the properties from Hopper Communities...

Boston Business Journal Boylston Properties has paid $46 million, or $292.99/sf, for a 157,000‑square‑foot office property at 30‑44 Washington St. in Wellesley, Mass. The Boston company purchased the five‑building complex from the Haynes family, which had owned it...