Commercial Real Estate Direct Staff Report Apollo Global Management has agreed to invest $1 billion in a newly created venture with Realty Income Corp that will own roughly 500 of the REIT’s retail properties The transaction marks another step...
Commercial Observer Two Trees Management has paid $37 million, or $31258/sf, for the 118,367-square-foot warehouse and adjoining lot at 69 Ninth St in the Gowanus section of Brooklyn, NY The local developer acquired the property, which sits on a...
Chicago Business Journal Octave Holdings and Investments has paid $29 million, or $16860/sf, for Randal Square, a 172,000-square-foot retail center in Geneva, Ill, a western suburb of Chicago The Alpharetta, Ga, company acquired the property from...
Sound Point Capital, which originated $650 million of commercial mortgages last year, is expected to increase that to $1 billion this year...
North Palisade Partners has paid $393 million for two neighboring self-storage properties with 199,300 square feet in the Northern Liberties section of Philadelphia The Newport Beach, Calif, investment manager pursues acquisition and development...
Commercial Property Executive Ares Management has paid $349 million, or $8474/sf, for the 411,840-square-foot industrial property at 2520 West Haven Ave in Joliet, Ill, about 42 miles south of Chicago The Los Angeles investment manager acquired the...
Milwaukee Business Journal An affiliate of Eaton Vance has paid $714 million, or $22958/sf, for the 311,000-square-foot cold-storage facility at 13001 Baxter Court in Franksville, Wis, a southern suburb of Milwaukee The Boston investment manager...
Commercial Observer Yoshida & Co has paid $335 million, or $5,403/sf, for the 6,200-square-foot retail building at 103 North Fourth St in the Williamsburg section of Brooklyn, NY The Japanese maker of bags and accessories acquired the one-story...
Dallas Business Journal Younger Partners Investments has lined up $1137 million of financing for its purchase of the 375,000-square-foot Presidio Junction retail portfolio in Fort Worth, Texas An unidentified life insurance company provided the...
PPM America Inc has provided $125 million of financing against eight industrial properties with 39 million square feet around Indianapolis International Airport JLL Capital Markets arranged the debt on behalf of the properties’ owner, OVB...
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