Crain’s Chicago Business Morguard North American Residential REIT has paid $81 million, or $337,500/unit, for the 240-unit Xavier Apartments in Chicago The Canadian REIT purchased the property from its developer, Green Cities Co, which was...
Commercial Real Estate Direct Staff Report The volume of office space available for sublease in Manhattan increased by 105 percent from last year to 224 million square feet, according to Savills That’s the highest volume of sublease...
The Real Deal Nuveen Real Estate has paid $85 million, or $89474/sf, for the 95,000-square-foot production studio at 2160 East 7th St in Los Angeles The investment manager purchased the property from a venture of Related Fund Management and DGMT,...
Pebblebrook Hotel Trust has sold its 157-room Hotel Colonnade Coral Gables, Autograph Collection, in Coral Gables, Fla, for $63 million, or $401,274/room The Bethesda, Md, REIT was represented in the sale, to an undisclosed investor, by JLL’s...
Triangle Business Journal Oxford Properties has bought a 95,500-square-foot biomanufacturing facility in Durham, NC, for $214 million, or about $22408/sf The Toronto investment manager acquired the recently built property, which sits on 146 acres at...
Houston Business Journal Sovereign Partners has bought the San Felipe Plaza, a 959,466-square-foot office building in Houston’s Galleria area, for $828 million, or about $8630/sf The New York company purchased the 46-story building from...
Commercial Real Estate Direct Staff Report Avanath Capital Management LLC has paid $119 million, or $464,843/unit, for Lincoln Park Plaza, a 256-unit apartment property in Chicago The Irvine, Calif, investment manager purchased the property from an...
The sale of the Union Bank Plaza office building in Los Angeles finally has been completed Waterbridge Capital completed its long-anticipated purchase of the 701,888-square-foot building As of March 23, KBS REIT II Inc, which had sold the 40-story...
Terreno Realty Corp has paid $186 million, or just more than $308/sf, for the Morton Commerce Center, a four-building industrial property in Newark, Calif, which is just north of San Jose, Calif The Bellevue, Wash, REIT bought the property from its...
The Registry Olympus Property has paid $1125 million, or $628,491/unit, for Angelene, a 179-unit apartment property in West Hollywood, Calif The Fort Worth, Texas, investor purchased the property from JPMorgan Asset Management in a deal brokered by...
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