Commercial Real Estate Direct Staff Report An affiliate of Ashley Furniture has paid $339 million, or $16503/sf, for the 205,413-square-foot Bridge Point Tacoma 210 industrial property in Tacoma, Wash The home furnishing company acquired the...
Sym Investments has paid $131 million, or $392,215/unit, for Edison Lofts, a 334-unit apartment property in the New York suburb of West Orange, NJ The Cedarhurst, NY, investor bought the property, at 33 Ashland Ave, from Prism Capital Partners in a...
Fabrinet, which recently purchased the Stadium Place office and research and development property in Santa Clara, Calif, plans to occupy 57% of the 225,000-square-foot complex The Bangkok company is a service provider for the manufacturing of...
Multi-Housing News JB Matteson has paid $723 million, or $251,042/unit, for the 288-unit Vantage at Loveland apartments in Loveland, Colo, about 15 miles south of Fort Collins, Colo The San Francisco investor acquired the property, at 1430 South...
New York Business Journal Terreno Realty has paid $263 million, or $93929/sf, for a 28,000-square-foot industrial building at 659 Court St in Brooklyn, NY The Bellevue, Wash, REIT purchased the property from a company calling itself 659 Court Street...
Triangle Business Journal Turnbridge Equities has paid $719 million, or $224,688/unit, for the 320-unit SkyHouse Raleigh apartment building in Raleigh, NC The New York real estate investor acquired the 23-story property from World Wide Group, also...
Jacksonville Business Journal Bluecrest Capital Advisors has paid $2815 million, or $12483/sf, for Cypress Point Business Park, a 225,500-square-foot flex/industrial property in Jacksonville, Fla The Nashville, Tenn, company purchased the property...
Charlotte Business Journal Perkins Fund has paid $249 million, or $13521/sf, for the 184,144-square-foot 301 Midtown office building in Charlotte, NC The Raleigh, NC, investor purchased the property from The Fallon Co of Boston, which acquired it...
Charlotte Business Journal Link Logistics has paid $572 million, or $10219/sf, for the 559,750-square-foot Jamesburg @ I-77 industrial building in Huntersville, NC The Blackstone affiliate purchased the property from Prologis, a San Francisco REIT...
San Antonio Business Journal LXMI Capital has lined up a $364 million loan for its purchase of the DoubleTree by Hilton San Antonio Airport hotel in San Antonio Fortress Investment Group provided the financing LXMI, an Austin, Texas, investor...
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