Bisnow Terra Universal Inc. has paid about $50.2 million, or roughly $369/sf, for the 136,200-square-foot industrial property at 1500 South Raymond Ave. in Fullerton, Calif. The industrial machinery and cleanroom manufacturer acquired the property from Rexford Industrial Realty,...

Chicago Business Journal Prime Finance has completed its purchase of 225 West Wacker Drive, a 650,812-square-foot office property in Chicago, for $115 million, or $176.70/sf. The San Francisco company teamed with Hines of Houston on its acquisition. The...

W.P. Carey Inc. has paid $26 million for a portfolio of seven Sunoco fuel and convenience retail stores with a total of 15,900 square feet in Arkansas. The New York REIT, which specializes in net-leased industrial, retail, and...

Milwaukee Business Journal An affiliate of Sabra Health Care REIT has paid $50 million, or $367,647/unit, for the Waters of Oak Creek, a 136-unit seniors-housing property in the Milwaukee suburb of Oak Creek, Wis. The Tustin, Calif., REIT...

Commercial Real Estate Direct Staff Report Host Hotels & Resorts has paid $172 million, or $558,442/room, for the 308-room Renaissance Dallas at Plano Legacy West Hotel in the Dallas suburb of Plano, Texas. The Bethesda, Md., REIT purchased...

South Florida Business Journal An affiliate of Welltower has paid $49.09 million, or $409,083/bed, for Glades West Rehab & Nursing Center, a skilled-nursing facility with 120 beds in Miramar, Fla. The Toledo, Ohio, REIT purchased the property from...

Commercial Real Estate Direct Staff Report An affiliate of Lincoln Property Co. has paid $27.5 million, or $90.23/sf, for the 304,772-square-foot Queen City Quarter mixed-use complex in Charlotte, N.C. The Dallas investment manager, whose Charlotte operation is the...

Commercial Property Executive BKM Capital Partners has paid $62 million for Goldenwest Circle Business Park, a 231,000-square-foot industrial property in the Los Angeles suburb of Westminster, Calif. The Newport Beach, Calif., company acquired the property, at 15080 Goldenwest...

Prime Finance has purchased a portfolio of eight performing loans with a balance of $760 million from Blackstone Real Estate Debt Strategies. It's not known how much the investment manager paid. But Seth Fisher, principal and head of...

Continental Realty Corp. has paid $31 million, or $248/sf, for the 125,000-square-foot Quebec Village shopping center in the Denver suburb of Centennial, Colo. The Baltimore investment manager bought the 38-year-old property, at 8223 South Quebec St., from Kensington...

Minneapolis/St. Paul Business Journal JPMorgan Chase has paid $76.15 million, or $94.13/sf, for two industrial properties totaling about 809,000 square feet in Owatonna and Ramsey, Minn. The banking giant acquired the properties in a sale-leaseback from affiliates of...

The proposed sale of the former Franklin Mills Mall in Philadelphia to Dean Adler has fallen apart, and the 1.58 million-square-foot retail property has now been taken off the market. The sale's collapse first was reported by the...

Blackstone Real Estate Debt Strategies has provided $310 million of financing against the Peabody Union mixed-use property in downtown Nashville's South Bank district. The three-year loan, which can be extended by two additional one-year terms, was arranged by...

Commercial Real Estate Direct Staff Report Simon Property Group has lined up a $93 million mortgage from Goldman Sachs and Deutsche Bank against its Colorado Mills shopping center in the Denver suburb of Lakewood, Colo. The 10-year loan,...

Piedmont Realty Trust has agreed to sell its Enclave Place office building, with 300,906 square feet in Houston's Energy Corridor, for $81.8 million, or $271.85/sf. JLL has been marketing the 11-story property on behalf of the Atlanta REIT,...

Commercial Real Estate Direct Staff Report A venture of Lincoln Property Co. and Cross Ocean Partners has acquired the 1.1 million-square-foot Colonnade office complex in the Dallas suburb of Addison, Texas. Lincoln, of Dallas, and Cross Ocean, of...

Dallas Business Journal Franklin Street Properties is offering for sale a portfolio of five office properties with more than 700,000 square feet in the north Dallas suburbs of Plano and Addison, Texas. The Wakefield, Mass., REIT has tapped...

Austin Business Journal Weidner Apartment Homes bought the 341-unit Solaris apartment property in Austin, Texas, that Brandywine Realty Trust sold last month for $136 million, or $398,827/unit. The Kirkland, Wash., multifamily firm financed the acquisition with a loan...

Centennial Bank has provided a $145 million loan for the construction of the Riverside Wharf hotel and entertainment project in downtown Miami. The two-building property will include the 167-room Dream Miami Hotel, a 30,000-square-foot nightclub, 12,000-sf event hall,...

Simon Property Group has struck a deal to buy the 597,635-square-foot University Village open-air retail center in Seattle. The Indianapolis REIT, which hasn't yet disclosed the price it's paying, is buying the 19-building property from an affiliate of...

PGIM has provided $69.3 million of financing against the 185,536-square-foot Offices at the Grove office building in Phoenix. The five-year, fixed-rate loan was arranged by JLL Capital Markets on behalf of the property's owner, RED Development of Phoenix....

Benedict Canyon Equities has paid $29.85 million, or $414,583/unit, for a pair of apartment properties with 72 units in West Hollywood, Calif. The Los Angeles investor was founded in 2004 by James A. Reston, who previously headed CBRE's...

Affinius Capital has provided $226 million of financing against the recently completed House 55, a 295-unit apartment building at 55 Willoughby St. in Brooklyn, N.Y. The loan allowed the property's developer, a venture of Lonicera Partners and Rabina,...

South Florida Business Journal A venture led by Legacy Residential has paid $52.55 million, or $196,082/unit, for Landings at Coconut Creek, a 268-unit apartment property in Coconut Creek, Fla. The Coral Gables, Fla., multifamily firm acquired the community...

Puget Sound Business Journal Eaton Vance has paid $87.3 million, or $243,175/unit, for Assembly118, a 359-unit apartment property in Seattle. The Boston investment firm, which is owned by Morgan Stanley, acquired the community from its developer, Woodbridge Northwest...