The Real Deal Lamar Cos has paid $637 million, or $14883/sf, for Geneva Commons, a 438,000-square-foot retail center in Geneva, Ill The Fairfield, NJ, company purchased the property from LaSalle Investment Management, which had acquired it in 2013...
Tampa Bay Business Journal American Landmark Apartments has paid $134 million, or about $301,802/unit, for the Pointe on Westshore, a 444-unit apartment property in Tampa, Fla The local company purchased the property from its developer, Index...
Commercial Real Estate Direct Staff Report Ferrado Properties Inc has paid $391 million, or $1,503/sf, for the 26,834-square-foot office property at 801 Boylston St in the Back Bay section of Boston The Newport Beach, Calif, investor bought the...
REBusiness Online A venture of Zar Property NY and HPNY has paid $151 million, or $26491/sf, for the 57,000-square-foot office property at 26-30 West 61st St in the Lincoln Square section of Manhattan The venture bought the property from the Brodsky...
South Florida Business Journal An affiliate of Blackstone Group has bought the 346-room W Fort Lauderdale hotel in Fort Lauderdale, Fla, for $9765 million, or about $282,225/room The New York company purchased the property from the Related Cos, also...
Commercial Real Estate Direct Staff Report Pier Property Group has sold the Flats at Dorsett Ridge, a 214-unit apartment property in Maryland Heights, Mo, for $541 million, or $252,803/unit The St Louis developer sold the property to an East Coast...
Commercial Real Estate Direct Staff Report The Wasatch Group has sold the 240-unit Crossroads Apartments in West Valley City, Utah The sales price could not be learned immediately But the property was appraised last year at a value of $4582 million,...
Multi-Housing News Rise48 Equity has bought the 288-unit Mosaic Apartments in Haltom City, Texas, for an undisclosed price The Scottsdale, Ariz, company purchased the property from Knightvest Capital, which had bought it in 2015 from Hall Financial...
Commercial Real Estate Direct Staff Report KRL Legacy LLC has paid $2665 million, or $24676/sf, for Pike Distribution Center, a 108,000-square-foot industrial property in Auburn, Wash The company, an affiliate of Ace Relocation System Inc, purchased...
Commercial Real Estate Direct Staff Report Benchmark Real Estate has paid $43 million, or $704,918/unit, for the 61-unit apartment property at 194 East 2nd St in the East Village section of Manhattan The New York investment manager bought the...
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