South Florida Business Journal Sagard Real Estate has purchased the 186,731-square-foot industrial building at 11102 NW South River Drive in Medley, Fla, for $51 million, or $27312/sf The Denver company bought the property from an affiliate of...
Nashville Business Journal An affiliate of a fund managed by Covenant Capital Group has bought the 170-unit 500 Fifth apartment building in downtown Nashville, Tenn, for $23 million, or $135,294/unit The Nashville company purchased the 10-story...
Woodmont Industrial Properties has sold the recently constructed 51 New Brunswick Ave industrial property in the central New Jersey township of Woodbridge to investment manager Sagard Real Estate for $211 million, or nearly $390/sf The sale of the...
Crain’s Chicago Business Kohan Retail Investment Group is in talks to buy the 15 million-square-foot Citadel Center office property in Chicago The Great Neck, NY, investor would be buying the property, at 131 South Dearborn St, from a venture of...
Zeta Charter Schools has paid $255 million for the development site at 261 Walton Ave in the Bronx, NY The operator of charter schools, which has 11 schools in the Bronx, Queens and upper Manhattan, bought the site from a venture of New York City...
Charlotte Business Journal Alta Peak Capital has bought the 73,343-square-foot Salt + Vinegar office and retail property in Charlotte, NC, for $24 million, or $32723/sf The local company purchased the building from White Point Partners, also of...
South Florida Business Journal Dermot Co has bought the 340-unit Quaye Apartments in Palm Beach Gardens, Fla, for $1318 million, or $387,647/unit The New York company purchased the property from an affiliate of PGIM Real Estate of Newark, NJ, which...
Atlanta Business Chronicle UBS Realty Investors has bought SkyHouse Buckhead, a 362-unit apartment building in Atlanta for $834 million, or $230,387/unit The Hartford, Conn, company purchased the 26-story property from Novare Group, an Atlanta...
Commercial Real Estate Direct Staff Report Bridge Investment Group has paid $778 million, or $232,238/unit, for the Ridge and the Shores, two adjacent apartment properties with 335 units in the Seattle suburb of Federal Way, Wash The Salt Lake City...
Commercial Real Estate Direct Staff Report Hamilton Zanze has paid $75 million, or $234,375/unit, for the 320-unit Fairways on Green Valley apartment property in the Las Vegas suburb of Henderson, Nev The San Francisco investment manager acquired...
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.
