Commercial Observer A venture of Sovereign Partners and HudsonPoint Capital has agreed to pay about $385 million, or $70772/sf, for the 544,000-square-foot office building at 575 Fifth Ave in Midtown Manhattan It is buying the 40-story building from...
Dallas Business Journal Sterling Organization has bought Village at Allen, a 106 million-square-foot retail complex in suburban Dallas The West Palm Beach, Fla, private equity firm purchased the property through its $600 million Sterling Value Add...
State Farm Mutual Automobile Insurance Co has provided $52 million of financing against three industrial properties with 420,086 square feet in Ontario and Rancho Dominguez, Calif Northmarq arranged the loan on behalf of the owner, Carson Cos of...
Commercial Observer An investor group led by John Choi has paid $3355 million, or $203,636/unit, for four apartment buildings with a total of 165 units near Central Park in Manhattan The group, operating as Bando Geny 4 LLC of Los Angeles, bought...
Commercial Real Estate Direct Staff Report Ben-Josef Group Holdings has paid $38 million, or $883,721/unit, for the 43-unit apartment property at 525 Union Ave in the Williamsburg section of Brooklyn, NY The New York investor acquired the property...
Atlanta Business Chronicle Local investor Zalik Investment Group has bought the One and Two Midtown Plaza office buildings with a combined 506,108 square feet in Atlanta’s Midtown area The buzz is that Zalik bought the two for more than $60...
South Florida Business Journal An affiliate of Lincoln Property Co has paid $7755 million, or $31387/sf, for a 247,079-square-foot industrial complex in Deerfield Beach, Fla The Dallas company purchased the four-building property from an affiliate...
Commercial Real Estate Direct Staff Report Interra Capital Group has acquired the 45 million-square-foot Greenway Plaza office complex in Houston, subject to the assumption of its $4162 million mortgage The Houston investment manager, led by Jack...
Commercial Real Estate Direct Staff Report Delshah Capital has paid $7603 million, or $535,422/unit, for the 142-unit apartment property at 34 Berry St in the Williamsburg section of Brooklyn, NY The New York investment manager acquired the property...
Commercial Real Estate Direct Staff Report High Street Residential has sold the 139-unit Corner 63 Apartments in Seattle for $591 million, or $425,179/unit The buyer was a group of Washington state investors operating as Corner 63 Owner and EPC...
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