The Real Deal Abraham Trust, led by Jacob Garlick, placed the winning bid of $190 million, or $745/sf, for the iconic Flatiron Building at 175 Fifth Ave in Manhattan The 121-year-old property was auctioned through Mannion Auctions in order to settle...
Commercial Property Executive A venture of BKM Capital Partners and Investcorp has paid $1578 million, or $21324/sf, for a portfolio of four industrial properties with 740,000 square feet in Las Vegas BKM, of Newport Beach, Calif, and Investcorp, of...
Longpoint Realty Partners has paid $227 million, or $34391/sf, for Cardenas Marketplace, a 66,006-square-foot retail center in Montclair, Calif The seller could not be identified immediately CBRE arranged the transaction The Boston investment...
Property values in the United States are expected to decline this year by 10 percent and by another 5 percent next year, according to Oxford Economics The UK research company noted that while the expected 15 percent decline is massive, it would pale...
Commercial Real Estate Direct Staff Report Only $269 billion of commercial properties changed hands in February, according to MSCI Real Assets While that’s nearly 34 percent more than the $2014 billion of volume that traded in January,...
Dallas Morning News Ground is expected to break later this spring on the Carillon Parc mixed-use development in Southlake, Texas The project will be built on 42 acres northeast of the intersection of State Highway 114 East and North White Chapel...
Dallas Morning News Richardson Heights, a North Texas shopping center with more than 200,000 square feet, is on the sales market JLL is marketing the retail property on behalf of its owner, Hartman Income REIT of Houston, which has owned it since...
Dallas Business Journal Matrix Equities is going before the Fort Worth, Texas, Zoning Commission today with a plan to develop 300 rental units in the southwest part of the city The project is being proposed for a nearly 33-acre site at 7350 Granbury...
Commercial Real Estate Direct Staff Report State Farm Life Insurance Co has provided $1606 million of financing to facilitate a Fidelity Investments affiliate’s purchase of Chandler Crossroads I and II, a 216,322-square-foot industrial...
Commercial Real Estate Direct Staff Report Waterton has paid $635 million, or $516,260/unit, for 128 on State, a 123-unit apartment property in Kirkland, Wash The Chicago investment manager purchased the property from an affiliate of Prometheus Real...
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