Commercial Real Estate Direct Staff Report Golden Bee Properties has paid $395 million, or $197,500/unit, for Mountain View Manor, a 200-unit apartment property in Sylmar, Calif The Los Angeles developer purchased the property from Positive...
LA Apartments has paid $54 million, or $263,414/unit, for Haven Warner Center, a 205-unit apartment property in Canoga Park, Calif The Los Angeles investment manager purchased the property in a deal brokered by Marcus & Millichap’s...
South Florida Business Journal Biscayne Real Estate Holdings LLC has paid $39 million, or about $24929/sf, for the 156,446-square-foot Biscayne Centre office property in North Miami, Fla The Miami Lakes, Fla, company purchased the property, which...
Oak View Apartments, with 237 units in the Central Valley, Calif, city of Visalia, has changed hands for $50 million, or $210,970/unit The transaction, between two Southern California investors, was arranged by the Mogharebi Group of Costa Mesa,...
Multi-Housing News StorageMart has acquired Storage Space, a 774-unit self-storage property in Carmel, Ind The seller and sales price could not yet be learned The 93,086-square-foot property was built between 1971 and 1983 at 147 West Carmel Drive,...
Rentvcom A limited liability company based in Oceanside, Calif, has paid $435 million, or $38191/sf, for a 113,900-square-foot office property within the Irvine Spectrum development in Irvine, Calif The company purchased the property from an Orange,...
A venture of BKM Capital Partners and TerraCore Capital has paid $373 million, or $16323/sf, for Airport Business Center, an 11-building industrial property with 228,518 square feet in Portland, Ore BKM, of Newport Beach, Calif, and TerraCore, of...
Commercial Property Executive Transwestern Investment Group has acquired Rickenbacker Global Logistics Park Rail Site 8, a 582,400-square-foot industrial property in Columbus, Ohio The purchase price could not yet be learned The Dallas investment...
Multi-Housing News Romano Capital has sold Westridge Lofts, a 100-unit apartment property in Camas, Wash, for $31 million, or $310,000/unit The Vancouver, Wash, investment firm was represented by HFO Investment Real Estate in the deal with an...
Dallas Morning News AEW Capital Management has bought Preston of the Park Cities, a 129-unit seniors-housing property in Dallas The Boston investor acquired the building, at 5917 Sherry Lane, from Silverstone Senior Living of Dallas The sales price...
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