Opus Group and Clarion Partners have broken ground on Point 70 Logistics Park, a 11 million-square-foot industrial property in Greenfield, Ind The property is being built on an 88-acre site at the intersection of North 700 W and West 300 N, which is...
Universe Holdings, a multifamily specialist that has focused on the Southern California market since its founding in 1994, is expanding its presence to the eastern United States It made its first non-West Coast purchase last month, paying $60...
Boston Business Journal Alexandria Real Estate Equities is buying the 405,000-square-foot Charles Park office complex in Cambridge, Mass, for $815 million, or about $2,012/sf The Pasadena, Calif, REIT is acquiring the property from a venture of...
Commercial Observer A venture of Cammeby’s International Group and Harbor Group International has agreed to pay $1 billion for a portfolio of 41 apartment properties with about 5,300 units in New Jersey It is buying the portfolio from a...
A venture of AMS Hospitality and Black Salmon has paid $255 million, or $262,887/unit, for the 97-room Circa 39 hotel in Miami Beach, Fla The venture bought the property from a local investor group that had owned it since 2008 Calmwater Capital...
Sares Regis Group has paid $691 million, or $287,916/unit, for Level at Sixteenth, a 240-unit apartment property in Phoenix The Newport Beach, Calif, investment manager acquired the property from an affiliate of Abacus Capital Group of New York,...
Commercial Property Executive A venture led by Hines has broken ground on Whiteland 65 Logistics Center, a 11 million-square-foot industrial property in Whiteland, Ind The Houston company is investing $288 million in the property, which it is...
Commercial Real Estate Direct Staff Report Pebblebrook Hotel Trust has agreed to pay $270 million, or $731,707/room, for the 369-room Margaritaville Hollywood Beach Resort in Hollywood, Fla The Bethesda, Md, REIT is buying the property from KSL...
Commercial Observer Naftali Group has paid $71 million, or about $554,688/unit, for the 128-unit Eagle Court apartment property at 215 West 84th St in Manhattan JLL brokered the deal and arranged $46 million of acquisition financing from an...
Crain’s Chicago Business Amazoncom Inc is planning to build a 140,000-square-foot distribution center in Chicago The industrial project will be built on a 26-acre development site at the northwest corner of Kostner Avenue and Division Street,...
