South Florida Business Journal WPH Properties LLC has paid $4375 million, or about $231,481/room, for the Washington Park Hotel in Miami Beach, Fla The company, which owns Westime, a Beverly Hills, Calif, luxury watch store, bought the 189-room...
Commercial Real Estate Direct Staff Report Lodging Fund REIT III, a non-traded REIT sponsored by Legendary Capital, has paid $279 million, or nearly $198,000/room, for the recently opened Courtyard by Marriott Denver-Aurora hotel in Aurora, Colo The...
Real Estate NJ Landmark Cos has sold the 109-unit Imperial House Apartments in Elizabeth, NJ, for $213 million, or $195,413/unit Gebroe-Hammer Associates brokered the deal The seller was not disclosed The 13-story building, at 750 North Broad St,...
Commercial Real Estate Direct Staff Report Pimco acquired a stake in the 245-room Courtyard San Diego Downtown hotel in a deal that valued the property at $645 million, or $263,265/room The Los Angeles investment manager bought the stake from...
Commercial Property Executive Vantage Data Centers Management Co has paid $40 million, or $35211/sf, for the 113,600-square-foot office and flex industrial property at 2590 Walsh Ave in Santa Clara, Calif The local company acquired the property from...
Next Wave Investors has paid $281 million, or nearly $130,000/unit, for Spanish Oaks, a 216-unit apartment property in Las Vegas The San Clemente, Calif, investor, formed two years ago through the spin-off of Alpha Wave Investors’ apartment...
JLL Income Property Trust has paid $466 million, or $31655/sf, for 170 Park Ave, a 147,215-square-foot office/laboratory building in Florham Park, NJ The property, which is fully leased to biotech company Celularity Inc under a 15-year agreement,...
Minneapolis/St Paul Business Journal An affiliate of Larson Capital Management has paid $162 million, or $135/sf, for the 120,000-square-foot Crest Ridge Capital Center office building in Minnetonka, Minn The Chesterfield, Mo, investor acquired the...
Dallas Business Journal A venture of Pillar Commercial and Hall Capital has bought One Bethany East, a 120,170-square-foot office building in the Dallas suburb of Allen, Texas Kaizen Development Partners sold the property, at 900 West Bethany Drive,...
Dallas Business Journal Piedmont Office Realty Trust is building Las Colinas Corporate Center III, a 210,000-square-foot office building in the Dallas suburb of Irving, Texas The eight-story property is being planned for a parking lot site at 6333...
