The Real Deal Dermody Properties has acquired Metro Corporate Center, a 395,300-square-foot office property in Milpitas, Calif The Reno, Nev, investor purchased the property from Amazoncom Inc, which had acquired it in 2021 for $123 million KBC...
The Real Deal Harrison Street Real Estate Capital has paid $508 million, or $540,425/unit, for Oakmont of Silver Creek, a 94-unit seniors-housing property in San Jose, Calif The Chicago investment and management firm purchased the property from an...
Commercial Observer The 55,000-square-foot building at 16 West 39th St in midtown Manhattan has been placed on the sales market for $325 million, or $590,909/sf The 12-story property is next to 424 Fifth Ave, which Amazoncom Inc had purchased last...
Crain’s Chicago Business John Buck Co has paid $53 million for a parking lot site at 655 West Madison St in Chicago, where it plans to develop a two-building office property totaling 15 million square feet A venture of MR Properties and Park...
REBusiness Online Arden Group has begun construction on a 20-story mixed-use project at 4650 Broadway in Manhattan’s Inwood section Plans call for 222 apartment units, 120,000 square feet of commercial space, 80,000 sf of which will be set...
Commercial Observer InterVest Capital Partners is paying $65 million, or $129,224/unit, for a portfolio of seven apartment properties with 503 units in the Bronx, NY The investment manager, formerly Wafra Capital Partners, is buying the portfolio...
REBusiness Online PRC Group has lined up an $884 million loan against its Campus Town at TCNJ, a 612-bed student-housing property in Ewing, NJ Walker & Dunlop arranged the financing for PRC, of Red Bank, NJ The lender wasn’t disclosed The...
Griffin Living has sold Griffin Plaza, comprised of an 85,022-square-foot retail center and the 102-unit Varentia of Simi Valley seniors-housing property, in Simi Valley, Calif, for $221 million The Westlake Village, Calif, development firm sold the...
Crain’s Chicago Business JVM Realty has acquired the 149-unit Courthouse Square Apartments in Wheaton, Ill, about 28 miles west of Chicago The purchase price could not yet be learned The Oak Brook, Ill, investment manager purchased the...
Minneapolis/St Paul Business Journal An affiliate of SR Realty Trust Inc has paid $25 million, or $6944/sf, for the 360,000-square-foot industrial property at 905 Yankee Doodle Road in Eagan, Minn The Minneapolis REIT purchased the property from...
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