Philadelphia Business Journal GLP Capital Partners has paid $715 million, or $25265/sf, for the 283,000-square-foot warehouse at 2400 Weccacoe Ave in Philadelphia The Santa Monica, Calif, company bought the industrial property from a venture of...
Commercial Observer Abramson Properties has paid $131 million, or $19857/sf, for the 65,971-square-foot Waterfront I office building in Alexandria, Va The Alexandria developer bought the vacant property, at 801 North Fairfax St, from Finmarc...
Dallas Morning News Square Mile Capital is taking control of Dallas’ Renaissance Tower The New York lender four years ago had provided a $118 million against the 173 million-square-foot office building, at 1201 Elm St, to a venture of Moinan...
Commercial Real Estate Direct Staff Report Berkadia has acquired Moran & Co, broadening the reach of its investment-sales business into the institutional investor market and expanding its geographic footprint Moran, of Seattle, was founded in...
Commercial Real Estate Direct Staff Report Younan Properties has paid $181 million, or $4020/sf, for the 450,154-square-foot Two Westlake Park office property in Houston The purchase by Younan, of Woodland Hills, Calif, was first reported by the...
Philadelphia Business Journal Velocity Venture Partners has paid $195 million, or $4311/sf, for the 452,323-square-foot industrial building at 1180 Church Road in Lansdale, Pa, a Philadelphia suburb The Philadelphia investment firm bought the...
Commercial Observer Akelius has paid $103 million, or $293,447/unit, for the 351-unit Edition apartment property in Hyattsville, Md, about eight miles northeast of Washington, DC The Swedish investor bought the property from a venture of PCCP and...
Commercial Real Estate Direct Staff Report The Destiny USA mall in Syracuse, NY, has been appraised at a value of only $203 million, down from the $710 million pegged to it in 2014, when $430 million of CMBS debt was provided against it The property...
Washington Business Journal WeWork has settled its lawsuit against Property Group Partners, which owns the 414,000-square-foot Capitol Crossing office building in Washington, DC The coworking company in November filed its suit in Washington, DC,...
