Washington Business Journal Finmarc Management Inc has paid $336 million, or $168/sf, for the 200,000-square-foot Park East Corporate Center in Chantilly, Va The seller was not disclosed The three-building office property, at 14150, 14048 and 13990...
Many hotels have either yet to reopen or are just reopening Yet capital, be it equity or debt, to buy or recapitalize properties is plentiful Loan spreads have tightened by 150 basis points or more over the past 30-45...
REBusiness Online Woodside Health has paid $182 million, or $18372/sf, for Arrowhead Executive Center, a 99,062-square-foot office complex in Glendale, Ariz The Cleveland management firm purchased the property from Holualoa Cos of Tucson, Ariz,...
South Florida Business Journal Brookfield Asset Management has paid $263 million, or about $18105/sf, for the 145,260-square-foot Bristol Logistics Center in Doral, Fla The Toronto commercial real estate company bought the distribution warehouse, at...
South Florida Business Journal An affiliate of Liberty Base Investments has paid $15 million, or about $141,509/unit, for the Blue Lake Village Apartments in Miami Shores, Fla A company managed by Fidel Yero sold the 106-unit complex, which sits on...
The Real Deal Colonnade Management has paid $192 million for the land beneath 909 Third Ave, a 134 million-square-foot office building in Manhattan The New York company bought the land, or fee interest, from 601W Cos, which had acquired it in 2004...
Minneapolis/ St Paul Business Journal Peak Capital Partners has paid $447 million, or $259,883/unit, for the 172-unit Hello Apartments in Golden Valley, Minn The Provo, Utah, real estate investment firm purchased the complex from Continental...
Equus Capital Partners has paid $5325 million, or $166,406/unit, for Parkway on Westlake, a 320-unit apartment property in Humble, Texas The Philadelphia investment manager bought the complex on behalf of its Equus Investment Partnership XI LP...
Commercial Real Estate Direct Staff Report The vacancy rate for the nation’s professionally managed apartment units increased last year to 53 percent – its highest level since 2011 – from 47 percent in 2019, according to...
Vacancies rose and rental rates dropped in cities like New York, Chicago and Los Angeles Meanwhile, occupancies and rents were on the rise in southern US cities, like Atlanta and Tampa,...
