Crain’s Chicago Business Spear Street Capital has agreed to pay about $40 million, or $27432/sf, for the 145,816-square-foot office property at 1201 West Lake St in Chicago’s Fulton Market neighborhood The San Francisco investment firm...
The Real Deal Cousins Properties Inc is selling One Eleven Congress, a 503,344-square-foot office building in downtown Austin, Texas The Atlanta REIT said the sale is expected to close in the third quarter The pending buyer and sales price were not...
Triangle Business Journal Momentum Real Estate Partners has paid $871 million, or $323,792/unit, for the University Hill Apartments, a 269‑unit complex in Durham, NC The Miami company purchased the four‑story building from Hawthorne Residential...
South Florida Business Journal An affiliate of D&F Development Group has bought the Prestige at Palm‑Aire, a 39‑unit townhome rental community in Pompano Beach, Fla, for $259 million, or $664,103/unit The Singer Island, Fla, company acquired...
South Florida Business Journal LeFrak Organization has bought Harbour at New River, a 337‑unit apartment building in downtown Fort Lauderdale, Fla, for $180 million, or $534,125/unit The New York company purchased the 36-story property from its...
Chicago Business Journal TradeLane Properties has paid $301 million, or $5154/sf, for the 584,000-square-foot industrial property at 2001 Baseline Road in Montgomery, Ill, about 47 miles west of Chicago The Oakbrook Terrace, Ill, industrial investor...
ConnectCRE The City of Irving, Texas, has bought MacArthur Ridge II, a 260,796-square-foot office building in that suburban Dallas city Grupo Haddad sold the six-story property in a deal brokered by Bradford Commercial Real Estate Services Grupo...
Mission Shore Management has sold 105,869-square-foot Fairmont Preston Plaza in the Houston suburb of Pasadena, Texas JLL Capital Markets brokered the deal on behalf of the seller, while HighStreet Net Lease Group represented the buyer, a company...
Commercial Observer Imperial Sterling has paid $292 million, or $1,663/sf, for the 17,553-square-foot mixed-use property at 1151 Broadway in the NoMad section of Manhattan The Huntington, NY, investor acquired the property from Premier Equities of...
Commercial Real Estate Direct Staff Report An affiliate of MetLife Investment Management has paid $4585 million, or $327,500/unit, for Grandstone at Sunrise, a 140-unit apartment property in Peoria, Ariz, a northern suburb of Phoenix The Los Angeles...
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