Commercial Property Executive Vantage Data Centers Management Co has paid $40 million, or $35211/sf, for the 113,600-square-foot office and flex industrial property at 2590 Walsh Ave in Santa Clara, Calif The local company acquired the property from...
Next Wave Investors has paid $281 million, or nearly $130,000/unit, for Spanish Oaks, a 216-unit apartment property in Las Vegas The San Clemente, Calif, investor, formed two years ago through the spin-off of Alpha Wave Investors’ apartment...
JLL Income Property Trust has paid $466 million, or $31655/sf, for 170 Park Ave, a 147,215-square-foot office/laboratory building in Florham Park, NJ The property, which is fully leased to biotech company Celularity Inc under a 15-year agreement,...
Minneapolis/St Paul Business Journal An affiliate of Larson Capital Management has paid $162 million, or $135/sf, for the 120,000-square-foot Crest Ridge Capital Center office building in Minnetonka, Minn The Chesterfield, Mo, investor acquired the...
Dallas Business Journal A venture of Pillar Commercial and Hall Capital has bought One Bethany East, a 120,170-square-foot office building in the Dallas suburb of Allen, Texas Kaizen Development Partners sold the property, at 900 West Bethany Drive,...
Brookfield Asset Management Inc has paid $3125 million, or $460,235/unit, for the 679-unit Vantage Pointe Apartments in San Diego The sales price makes it the largest multifamily transaction in 2020, according to brokerage Kidder Mathews The New...
Lexin Capital has paid $708 million, or $224,762/unit, for the 315-unit Jamison apartment property in Kissimmee, Fla, an Orlando, Fla, suburb The New York real estate investment firm bought the complex from a venture of DeBartolo Development of...
Morgan Properties has further bolstered the size of its multifamily portfolio through the purchase of 48 properties with 14,414 units in a venture with Olayan America The portfolio was purchased for $175 billion from Star Real Estate Ventures and...
South Florida Business Journal A company managed by Alexander H Griswold of Boca Raton, Fla, has sold the 32,778-square-foot office building at 450 Royal Palm Way in Palm Beach, Fla, for $17 million, or about $51864/sf A company managed by H William...
Commercial Real Estate Direct Staff Report Equity Residential, which owns 304 properties with nearly 78,000 units in urban and high-density suburban markets across the country, is planning to sell some major-market assets and redeploy proceeds into...
