South Florida Business Journal JR Realty Corp has paid $2178 million, or about $11056/sf, for three industrial properties totaling 197,005 square feet in Opa-locka, Fla The Hialeah, Fla, company bought the property, at 13200, 13260 and 13290 NW 45th...
The Real Deal Black Spruce Management, a New York multifamily investor, has agreed to sell a roughly 50 percent stake in 60 Manhattan apartment properties in a deal that values the 950-unit portfolio at $400 million, or $421,053/unit Brothers Eli...
Cincinnati Business Courier Faropoint has acquired the 80,000-square-foot industrial property at 10021 Commerce Drive in West Chester, Ohio, about 18 miles north of downtown Cincinnati The Memphis, Tenn, investment firm, which was represented in the...
Sares Regis Group has paid $5615 million, or $344,479/unit, for Elevation Chandler, a 163-unit apartment property in Chandler, Ariz The Newport Beach, Calif, investment manager purchased the property from Olympus Property of Fort Worth, Texas, in...
Charlotte Business Journal A venture of CP Group and Siguler Guff has bought the 370,000-square-foot Harris Corners office park in Charlotte, NC The seller and purchase price were not disclosed The three-building complex, just off Interstate 77 at...
Cantor Fitzgerald Income Trust Inc has paid $6375 million, or $77250/sf, for the two-building De Anza Plaza office complex in Cupertino, Calif The non-traded REIT, formerly known as Rodin Global Property Trust Inc, bought the 82,527-square-foot...
Tampa Bay Business Journal Mishorim Gold Properties has bought the 215,713-square-foot Horizon Park shopping center in Tampa, Fla, for $22 million, or about $10199/sf An affiliate of Forge Capital Partners sold the retail property, at 3904 West...
Atlanta Business Chronicle Equity Residential has bought the Osprey, a 319-unit apartment building in Atlanta’s West Midtown submarket, for $153 million, or about $479,624/unit The Chicago REIT bought the property, at 980 Howell Mill Road,...
Milwaukee Business Journal An affiliate of L2 Partners LLC has paid $225 million, or $8655/sf, for West Allis Center, a 259,962-square-foot retail property in West Allis, Wis The Miami investor purchased the property from GBT Realty Corp of...
A venture of Spirit Investment Partners and Bascom Group has paid $4911 million, or $222,217/unit, for the 221-unit 415 Premier Apartments in the Chicago suburb of Evanston, Ill The venture, which funded its purchase with a mortgage from Rialto...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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