Next Wave Investors LLC has paid $255 million, or $455,357/unit, for the 56-unit Grove on Glendale townhouse complex that recently was completed in Phoenix The San Clemente, Calif, investor bought the gated property, at 917 West Glendale Ave in the...
Las Vegas Review-Journal Sakioka Farms has paid $5075 million, or $27103/sf, for the 187,249-square-foot Crossroad Commons shopping center in Las Vegas The Costa Mesa, Calif, investment firm acquired the property from Prospect Street of Las Vegas...
Commercial Real Estate Direct Staff Report TerraCap Management has agreed to sell two apartment properties with a combined 692 units in the Atlanta suburb of Marietta, Ga, for $102 million, or $147,399/unit Newmark is brokering the deal, which is...
Real Estate NJ Tryko Partners is planning on converting a 127,000-square-foot office building in Montvale, NJ, into an assisted-living facility The Brick, NJ, company bought the building for $55 million, or $4331/sf Savills brokered the deal The...
RENTVcom CIP Real Estate has paid $33 million, or $23571/sf, for the 140,000-square-foot Cabot Business Park, a flex industrial property in Hayward, Calif The Irvine, Calif, investor acquired the property from Canyon Partners Real Estate, which had...
Houston Business Journal National Storage Affiliates Trust has bought a portfolio of 14 self-storage properties with a total of 8,517 units for an undisclosed price The Denver REIT acquired the portfolio from Jenkins Organization of Houston Six of...
Dallas Business Journal Jim Lake Cos has acquired the 15-story Oak Cliff Tower, with more than 200,000 square feet of office space in Dallas The seller and purchase price were not disclosed The building, at 400 South Zang Blvd, was built in 1965 and...
Dallas Business Journal Driftwood Capital has bought the Hilton Southlake Town Square hotel in suburban Dallas The Coral Gables, Fla, company purchased the 248-room property, at 1400 Plaza Drive in Southlake, Texas, from Hobbs & Curry Family LP...
Commercial Real Estate Direct Staff Report TerraCap Management has paid $52 million, or $151,163/unit, for the 344-unit Bridgewater Apartments in Orlando, Fla The Naples, Fla, investment manager bought the property from InvestRes, a Tampa, Fla,...
RENTVcom Advanex Americas Inc has sold the 58,300-square-foot warehouse at 5780 Cerritos Ave in Cypress, Calif, to a family trust for $1224 million, or $20995/sf Advanex, a manufacturer of springs, wire-form and plastic-injection moldings, was...
