Commercial Observer Pearl Realty Management has paid $28 million, or $21538/sf, for the 130,000-square-foot Paragon Building, part of the Point LIC office complex, in the Long Island City section of Queens, NY The Brooklyn, NY, company purchased the...
Atlanta Business Chronicle Onward Investors has taken title to the 306,000‑square‑foot office property at 800 and 900 North Point Parkway in the Atlanta suburb of Alpharetta, Ga The Minnetonka, Minn, investment services firm had purchased the...
Crain’s Chicago Business RPM Living has paid $102 million, or $346,938/unit, for Orland Ridge, a 294-unit apartment property in Orland Park, Ill, a southern suburb of Chicago The Austin, Texas, multifamily investor bought the property from its...
Commercial Real Estate Direct Staff Report JPMorgan Chase Bank has provided $49 million of mortgage financing to facilitate TKF Burnside Real Estate Partners’ $675 million purchase of the 393,710-square-foot office property at 360 Hamilton Ave...
Terreno Realty Corp has sold the 231,000-square-foot industrial property at 1855 West 139th St in Gardena, Calif, for $44 million, or $19048/sf The buyer could not be learned immediately Terreno, of Bellevue, Wash, bought the property in 2017 for...
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...
An affiliate of Brookfield Asset Management has provided $370 million of mortgage financing against the 517-unit Society Brooklyn apartment complex in the Gowanus section of Brooklyn, NY The loan allowed the property’s developer, a venture of...
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