A venture of GT Capital and Benaroya Co has paid $483 million, or $8936/sf, for the 540,589-square-foot office property at 901 Fifth Ave in downtown Seattle The sale was first reported by the Puget Sound Business Journal GT Capital, of Seattle, and...
Philadelphia Business Journal Vitrian has paid $70 million, or $23760/sf, for a 294,611-square-foot life-sciences and flex portfolio in the Philadelphia suburb of Malvern, Pa The Bethesda, Md, real estate firm acquired the properties from a venture...
New York Business Journal An affiliate of Palette Hotels has paid $72 million, or $203,966/room, for the 353-room DoubleTree by Hilton New York LaGuardia Airport Hotel in the East Elmhurst neighborhood of Queens, NY The Manhattan hotel management...
South Florida Business Journal An affiliate of Investments Limited has paid $3815 million, or $15273/sf, for a 249,794-square-foot office building at 555 South Federal Highway in Boca Raton, Fla The local real estate firm acquired the property from...
Tampa Bay Business Journal An affiliate of Hines has paid $561 million, or $13495/sf, for a 415,717-square-foot warehouse at 1820 Massaro Blvd in Tampa, Fla The Houston real estate firm purchased the industrial property from an affiliate of Hove...
TruAmerica Multifamily paid $78 million, or $390,000/unit, for the 200-unit Bridges at San Ramon apartment property in the northern California city of San Ramon The Los Angeles investment manager purchased the 39-year-old property, at 309...
The $515 million sale of the commercial space and parking garage at the 1,639-room Palmer House Hotel in Chicago resulted in the near wipe-out of the $5768 million CMBS loan against it The space—54,136 square feet of retail space, 14,400 sf of...
Nuveen Real Estate has paid $5825 million, or $33394/sf, for the 174,428-square-foot Marigold Center retail property in San Luis Obispo, Calif, in the state’s central coast region The New York investment manager acquired the property, at 3900...
Monarch Investment and Management Group has acquired the 315-unit Whisper Hollow Apartments in the St Louis suburb of Maryland Heights, Mo The price the Franktown, Colo, investment manager paid couldn’t be learned immediately But the property...
Puget Sound Business Journal Trinity Property Consultants has paid $72 million, or $196,721/unit, for the Groves, a 366-unit apartment property in the Seattle suburb of Kent, Wash The Irvine, Calif, investor acquired the property, at 10811 SE 239th...
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