Commercial Real Estate Direct Staff Report American International Group Inc has provided $1077 million of financing against 55 Broadway, a 347,023-square-foot office building in Manhattan Meridian Capital Group arranged the loan, which allowed the...
Commercial Observer A venture of Elion Partners and Buchanan Partners has secured $65 million of financing against 12 industrial properties with 600,000 square feet in Chantilly, Va, about 25 miles west of Washington, DC TD Bank provided the loan,...
Commercial Observer JPMorgan Chase Bank has provided $105 million of construction financing for the 258,500-square-foot office development at 322 40th St NE in Washington, DC JLL arranged the loan A venture of Cedar Realty Trust, Asland Capital...
Orlando Business Journal Costco Wholesale Corp has paid $16 million, or about $22857/sf, for a 70,000-square-foot office building in Orlando, Fla The Seattle retailer bought the property, at 8301 Southpark Circle, from Pacer Partners of Cohasset,...
Commercial Real Estate Direct Staff Report RPT Realty has agreed to pay $104 million, or $16104/sf, for the 645,785-square-foot Northborough Crossing shopping center in Northborough, Mass The New York REIT is buying the property from a venture of...
Decron Properties has paid $962 million, or $346,043/unit, for Broadstone Rio Salado, a 278-unit apartment property in Tempe, Ariz The Los Angeles investor purchased the complex from Alliance Residential Co of New York Broadstone Rio Salado, at 2325...
Hartford Business Journal Eagle Rock Properties has paid $315 million, or $169,355/unit, for the 186-unit Westgate Apartments in West Hartford, Conn The Plainview, NY, investment manager bought the property from an undisclosed Denver real estate...
South Florida Business Journal An affiliate of Stiles Corp has sold Gardens Plaza, an 86,542-square-foot office complex in Palm Beach Gardens, Fla, for $3055 million, or about $353/sf The Fort Lauderdale, Fla, investor sold the property, which sits...
Charlotte Business Journal Bell Partners has paid $51 million, or about $196,154/unit, for Century Plantation Pointe, a 260-unit apartment property in the Charlotte, NC, suburb of Mooresville, NC The seller was not disclosed The Greensboro, NC,...
Commercial Property Executive BH Properties has paid $21 million, or $16372/sf, for Freeway Corporate Park, a 128,266-square-foot office property in Santa Ana, Calif, about 37 miles southeast of Los Angeles The Los Angeles investor purchased the...
