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,...
Hines Global Income Trust has paid $70 million for the 183,308-square-foot Wicker Park Commons retail property at 1279 North Milwaukee Ave in Chicago’s The Houston non-traded REIT bought the property, housed on the street-level floor of...
Commercial Real Estate Direct Staff Report A total of 192 loans with a balance of $303 billion backing private-label CMBS deals were defeased, or replaced by government securities during the first half of the year, according to Trepp Inc That...
Wall Street Journal Airbnb Inc is said to have purchased the 42,500-square-foot office building at 281 Park Ave South in Manhattan’s Midtown South submarket for $815 million, or $1,917/sf The historic building, commonly known as the Church...
Commercial Real Estate Direct Staff Report KPR Centers has paid $282 million, or $12469/sf, for Westwood Town Center, a 226,155-square-foot retail center in Rocky River, Ohio, a western suburb of Cleveland The New York investment manager acquired...
Hines Global Income Trust Inc has paid $151 million, or $73371/sf, for the 205,803-square-foot 405 Colorado office building in Austin, Texas The Houston REIT, whose shares do not trade on any exchange, bought the 25-story building, which includes a...
Burton Property Group has paid $76 million, or $195/sf, for the 389,471-square-foot Vestavia Hills City Center retail property in the Birmingham, Ala, suburb of Vestavia Hills, Ala The Mobile, Ala, developer, which started life as Smith’s...
Finmarc Management Inc has sold the 83,300-square-foot Park East III flex-office building and a neighboring 64-acre parcel in the Washington, DC, suburb of Chantilly, Va, to Pulte Homes for $2636 million, or $31645/sf The single-story building is at...
Crain’s Chicago Business Highland Real Estate Partners has paid $119 million, or $399,328/unit, for the 298-unit Exhibit on Superior apartment property in Chicago’s River North neighborhood The Ogden, Utah, investor acquired the...
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