IRA Capital has sold Poinsettia Plaza, a 157,322-square-foot retail center in Ventura, Calif, for $66 million, or $41952/sf The buyer of the property could not be identified immediately The Irvine, Calif, investment manager, which was represented by...
Dallas Morning News MCR Hotels has bought the 120-room Courtyard by Marriott Dallas Grand Prairie in suburban Dallas for an undisclosed price Anderson Cos sold the four-story property, at 2850 South State Highway 161 in Grand Prairie, Texas, which...
Dallas Morning News High Street Logistics Properties has acquired a 100,800-square-foot industrial building at 1401 Dunn Drive in Carrollton, Texas, about 17 miles south of Dallas Details about the seller and purchase price were not disclosed Lee...
Dallas Morning News Sol-Ark has bought its 115,200-square-foot headquarters building at 805 South Central Parkway in Allen, Texas The solar-energy company, which late last year agreed to fully lease the two-story office building, purchased it from...
The Real Deal RXR, which last week said it would give some of its properties to its lenders, has clarified that it was in talks over only two properties, in Brooklyn, NY, and lower Manhattan The Uniondale, NY, developer owns 83 properties valued at...
An investor group organized by Milan Capital Management has paid $2125 million, or just more than $282/sf, for the El Dorado Shopping Center in Long Beach, Calif The Milan group, of Orange, Calif, bought the 57-year-old property as part of a...
Crain’s New York Business MetLife Investment Management has paid $681 million for a pair of apartment buildings with a total of 78 units in the Williamsburg section of Brooklyn, NY The Parsippany, NJ, investment manager bought the buildings,...
Paramount Realty Services has paid $365 million, or nearly $401/sf, for the 91,069-square-foot View at Marlton retail center in the Philadelphia suburb of Marlton, NJ The Lakewood, NJ, investor bought the property as part of a tax-deferred exchange...
South Florida Business Journal MCR Hotels has bought the Hilton Miami Airport Blue Lagoon for $11825 million, or about $232,776/room The Dallas company acquired the 508-room property, which sits on 206 acres at 5101 Blue Lagoon Drive, from Park...
Houston Business Journal Woodforest National Bank has bought Town Center I and II, a pair of office buildings totaling about 278,000 square feet in the Houston suburb of The Woodlands, Texas The local bank purchased the six-story buildings, at 1450...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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