MacNaughton paid $1425 million, or $491,379/unit, for the 290-unit Residences Kierland in Scottsdale, Ariz The Honolulu real estate investor bought the property from Quarterra Multifamily in a deal brokered by CBRE The transaction previously was...
A venture led by Argyle Real Estate Capital has paid $587 million, or $188,141/unit, for the 312-unit Exchange at Westgate apartment property in the Wilmington, NC, suburb of Leland, NC The Tampa real estate investor partnered with Battery Global...
Commercial Real Estate Direct Staff Report Millburn & Co has paid $9525 million, or $280,973/unit, for the 339-unit Longbow apartments in Mesa, Ariz The Salt Lake City investment manager acquired the property, at 2950 North Recker Road, from its...
MDH Partners has paid $677 million, or $12152/sf, for three buildings totaling 557,100 square feet in Lakeland Commerce Center in Lakeland, Fla, about 36 miles east of Tampa International Airport The Atlanta investment manager acquired buildings...
Commercial Real Estate Direct Staff Report Philadelphia’s 1818 Market St office building, with 999,828 square feet, has had its appraised value reduced once again, to $158 million The 54-year-old building, which was purchased by Shorenstein...
Puget Sound Business Journal CWCapital Asset Management has hired Colliers to market for sale the 410,000-square-foot Fourth & Blanchard office property at 2101 Fourth Ave in Seattle The building is expected to sell for $29 million CWCapital is...
Commercial Real Estate Direct Staff Report The volume of CMBS loans in special servicing increased last month by 172% to $6676 billion, which amounts to 112% of the $59584 billion universe tracked by Trepp Inc That’s up from 1086% in May But...
Minneapolis/St Paul Business Journal Phillips Edison & Co has paid $38 million, or $24359/sf, for Chaska Commons, a 156,000-square-foot retail center in Chaska, Minn, a southwestern suburb of Minneapolis The Cincinnati REIT acquired the...
Bascom Group has paid $5313 million, or $290,301/unit, for the 183-unit Castlewood Park Apartments in the Los Angeles suburb of Buena Park, Calif The 63-year-old property, at 6968 Campus Drive, was acquired in a deal arranged by Marcus &...
Intercontinental Real Estate Corp has paid $695 million, or $555/sf, for the 125,233-square-foot Lakeland Town Center retail property in the Seattle suburb of Auburn, Wash The Boston investment manager bought the fully leased property, on a 126-acre...
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