Commercial Real Estate Direct Staff Report A venture of DRA Advisors and DLC Management Corp has paid $95 million, or $14836/sf, for the 640,327-square-foot Shadow Lake Towne Center retail property in Papillion, Neb, a southern suburb of Omaha, Neb...
Affinius Capital has provided $89 million of mortgage financing to facilitate the $1357 million, or nearly $360/sf, purchase of the 377,000 square feet of office space within the CitySpire building in Midtown Manhattan The 39-year-old building is at...
South Florida Business Journal TA Realty has paid $476 million, or $26664/sf, for Webster Business Park, a 178,521‑square‑foot industrial complex at 7200 NW 25th St in Miami The Boston company purchased the four‑building warehouse property...
Washington Business Journal In‑Rel Properties has paid $20 million, or $5154/sf, for the leasehold interest in 3 Bethesda Metro Center, a 388,084‑square‑foot office building in Bethesda, Md, about seven miles north of Washington, DC The price...
Oakmont Properties has paid $345 million, or $472,603/unit, for the 73-unit 16 Powerhouse apartment property in Sacramento, Calif The local company purchased the 11-year-old property, at 1606 P St in the city’s Midtown area, from Demmon...
Crain’s Chicago Business Local developer Mike Reschke is said to be paying about $25 million for the 815,074-square-foot office property at 55 West Monroe St in Chicago’s Central Loop neighborhood The price would represent roughly a 90%...
Crain’s Chicago Business Anemone Real Estate has paid $23 million, or $323,943/unit, for the 71-unit 20West apartments in Mount Prospect, Ill, a northern suburb of Chicago The Wheeling, Ill, investor acquired the six-story property, at 20 West...
Commercial Real Estate Direct Staff Report An affiliate of Bascom Group has paid $455 million, or $157,439/unit, for the 289-unit Domain 3201 apartment property in Tucson, Ariz The Irvine, Calif, investment manager acquired the property, at 3201...
Norman Journal Record A venture of Mazaheri Properties and Champion Hotels has paid $8225 million, or $19743/sf, for University Town Center, a 416,766‑square‑foot retail property in Norman, Okla The venture purchased the shopping center from...
Austin Business Journal Brick Row has acquired the 181,000‑square‑foot office building at 823 Congress Ave in downtown Austin, Texas The local investor purchased the 16-story property from an affiliate of DRA Advisors of New York, which had...
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