Prices for Midwest apartment properties that were sold in last year's third quarter increased by 33% from the previous year, according to Northmarq The median sales price of a unit was $186,400 last year, up from $140,000 in 2024...
South Florida Business Journal Related Ross has paid $365 million, or $17751/sf, for a pair of neighboring office buildings totaling 205,628 square feet in Coral Springs, Fla The West Palm Beach, Fla, company purchased the buildings, at 4000 Coral...
Austin Business Journal An affiliate of SB Energy has bought the 107-acre former 3M campus in Austin, Texas, for an undisclosed price The Redwood City, Calif, company purchased the property from Karlin Real Estate of Los Angeles, which recently...
Commercial Real Estate Direct Staff Report An affiliate of Red Tail Acquisitions has paid $25 million, or $217,391/unit, for the 115-unit Exeter apartment property in Seattle The Irvine, Calif, investor acquired the property from Gibraltar LLC of...
Bisnow WC Smith has paid $698 million, or $298,290/unit, for the 234-unit Albemarle apartment property in Washington, DC The local investor acquired the property from AvalonBay Communities of Arlington, Va, which had owned it since 2013 The most...
Crain’s Chicago Business Ante has paid $21 million, or $355,932/unit, for the 59-unit Portrait Apartments in the Uptown neighborhood of Chicago The family office of Giannis Antetokounmpo, who is a member of the Milwaukee Bucks professional...
Commercial Real Estate Direct Staff Report Capital Group has agreed to pay $210 million, or $150/sf, for Los Angeles’ Bank of America Plaza, a 14 million-square-foot office property in the city’s downtown The financial services company,...
Commercial Real Estate Direct Staff Report White Lodging has paid $2775 million, or $78,612/room, for the 353-room Sheraton Raleigh Hotel in the city’s downtown area The Merrillville, Ind, hotel management company purchased the property from...
REJournalscom Founders Properties has paid $264 million, or $15561/sf, for Gateway I & II, a 169,656-square-foot industrial property in the Minneapolis suburb of Eagan, Minn The Eden Prairie, Minn, investment manager acquired the property, at...
Jacksonville Business Journal An affiliate of US Realty Advisors has paid $669 million, or $43687/sf, for the 153,136-square-foot industrial building at 4125 West Cisco Drive in Jacksonville, Fla The New York company purchased the property from its...
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