Crain’s Chicago Business Honore Properties has paid $92 million, or $6498/sf, for the 141,593-square-foot office property at 70 East Lake St in Chicago, with plans to convert it into 170 apartment units The local developer acquired the...
An affiliate of Principal Real Estate Investors has paid $385 million, or $276,978/unit for the 139-unit Arbor Terrace Citrus Park Independent Living seniors-housing property in Tampa The investment manager bought the eight-year-old property, on a...
MacNaughton paid $1425 million, or $491,379/unit, for the 290-unit Residences Kierland in Scottsdale, Ariz The Honolulu real estate investor bought the property from Quarterra Multifamily in a deal brokered by CBRE The transaction previously was...
A venture led by Argyle Real Estate Capital has paid $587 million, or $188,141/unit, for the 312-unit Exchange at Westgate apartment property in the Wilmington, NC, suburb of Leland, NC The Tampa real estate investor partnered with Battery Global...
Commercial Real Estate Direct Staff Report Millburn & Co has paid $9525 million, or $280,973/unit, for the 339-unit Longbow apartments in Mesa, Ariz The Salt Lake City investment manager acquired the property, at 2950 North Recker Road, from its...
MDH Partners has paid $677 million, or $12152/sf, for three buildings totaling 557,100 square feet in Lakeland Commerce Center in Lakeland, Fla, about 36 miles east of Tampa International Airport The Atlanta investment manager acquired buildings...
Minneapolis/St Paul Business Journal Phillips Edison & Co has paid $38 million, or $24359/sf, for Chaska Commons, a 156,000-square-foot retail center in Chaska, Minn, a southwestern suburb of Minneapolis The Cincinnati REIT acquired the...
Bascom Group has paid $5313 million, or $290,301/unit, for the 183-unit Castlewood Park Apartments in the Los Angeles suburb of Buena Park, Calif The 63-year-old property, at 6968 Campus Drive, was acquired in a deal arranged by Marcus &...
Intercontinental Real Estate Corp has paid $695 million, or $555/sf, for the 125,233-square-foot Lakeland Town Center retail property in the Seattle suburb of Auburn, Wash The Boston investment manager bought the fully leased property, on a 126-acre...
Multi-Housing News Garibaldi Co has paid $653 million, or $199,085/unit, for Waterfield Square, a 328-unit apartment property in Stockton, Calif The local company bought the property, at 8035 Mariners Drive, from LivCor, a subsidiary of Blackstone,...
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