Woodspear Properties has paid $255 million, or nearly $229,730/unit, for the Buttes, a 111-unit apartment property in Loveland, Colo, which is just south of Fort Collins, Colo The San Marcos, Calif, investor bought the 25-year-old property, on seven...
Crain’s Chicago Business Blackstone Group has paid $151 million for a portfolio of seven industrial properties totaling 11 million square feet in and around Chicago The New York company purchased the portfolio from CenterPoint Properties of...
Commercial Observer Amalgamated Insurance has renewed its office lease for 105,000 square feet at 333 Westchester Ave in White Plains, NY Cohen Brothers Realty Corp, which owns the four-building property, noted that the lease is the largest for...
Commercial Observer Northwind Group has provided $56 million of financing against unsold residential condominium units at 145 Central Park North in Manhattan Lantern Real Estate arranged the loan Grid Group developed the 37-unit building, which is...
Tampa Bay Business Journal Birtcher Anderson & Davis has paid $171 million, or about $9483/sf, for Sunstate Business Park, a 180,323-square-foot industrial property in Tampa, Fla Citimark sold the eight-building property and was represented in...
Midwest Real Estate Journal Colliers Mortgage has provided an $182 million Fannie Mae loan to finance Peak Capital Partners’s acquisition of the 98-unit Crossroads at Elm Creek in Maple Grove, Minn The loan has a 10-year term and amortizes on...
Commercial Real Estate Direct Staff Report Camden Property Trust is planning to take advantage of the healthy demand for apartment properties to further reduce the age of its portfolio The Houston REIT plans to sell certain older assets in such...
Terreno Realty Corp has paid $3375 million, or $26633/sf, for the 126,721-square-foot Parmac Industrial Park in Kirkland, Wash The San Francisco company purchased the complex from an investment group that had owned it for 30 years Marcus &...
Investcorp has acquired the 536,051-square-foot Tempe Commerce Park in Tempe, Ariz, for $8535 million, or $15922/sf The New York investment manager bought the property from BKM Capital Partners of Newport Beach, Calif, which had purchased it in...
Crain’s New York Business Equitable Financial Life Insurance Co has signed a lease for 123,000 square feet at 1345 Sixth Ave, a 2 million-sf office building in Manhattan The insurer plans to move into the property by 2023 It currently leases...
