The heated demand for industrial space is having a positive impact on what previously might have been overlooked markets in certain parts of the country A beneficiary is Hazleton, Pa, roughly 45 miles from the heart of the red-hot Lehigh Valley...
Crain’s Chicago Business RT Specialty has agreed to lease 83,228 square feet of office space at 540 West Madison St in Chicago The insurance agency will more than double the size of its previous lease, for 38,000 sf at the nearby 500 West...
South Florida Business Journal The Carlyle Group has sold its stake in the B Ocean Resort Fort Lauderdale hotel in South Florida as part of a recapitalization of the 481-room property Rockpoint Group of Boston bought the stake in a deal that values...
Atlanta Business Chronicle The Related Cos has bought Dunwoody Glen, a 510-unit apartment property in Atlanta for $842 million, or about $165,098/unit The New York company acquired the complex from The Sterling Group of Mishawaka, Ind, in a deal...
Charlotte Business Journal Delray Ventures has paid $13 million, or about $50893/sf, for a 25,544-square-foot mixed-use property at 1406 Winnifred St in Charlotte, NC The local investor bought the building from The Dilweg Cos of Durham, NC Trinity...
Tampa Bay Business Journal Icaria on Pinellas, a 236-unit apartment complex in Tarpon Springs, Fla, has been sold for $6565 million, or about $278,178/unit A venture of Backstreets Capital and Atlantic American Partners sold the property to RSE...
Orlando Business Journal Arbah Capital has teamed with Hampshire Stateside to buy Siemens Quadrangle III, a 226,548-square-foot office building in Orlando Real Capital Solutions sold the four-story property, which sits on 1406 acres at 11842...
South Florida Business Journal Allstate Investments has sold the Palm Gate Plaza, a 57,070-square-foot retail property in West Palm Beach, Fla, for $125 million, or about $21903/sf The West Palm Beach company sold the property, on 487 acres at 3899...
South Florida Business Journal IM Data Centers has paid $158 million, or about $17493/sf, for a 90,320-square-foot data center at 100 NE 80th Terrace in Miami The Sunrise, Fla, company bought the property from an affiliate of Florida East Coast...
Rentvcom Yahee Technologies, an e-commerce company, has agreed to fully lease the 199,500-square-foot industrial property that’s currently under construction at 1532 South Vineyard Ave in Ontario, Calif, about 40 miles east of Los Angeles Duke...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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