Sky Capital Group has paid $226 million, or $10463/sf, for Town Square Plaza, a 216,000-square-foot retail property in Pottstown, Pa The Houston real estate firm acquired the shopping center from Bluejay Management of Long Island, NY, which had paid...
Boston Business Journal Bulfinch Cos has paid $151 million, or $23231/sf, for the 65,000-square-foot office building at 210 Broadway in Cambridge, Mass The Boston-area real estate firm acquired the property from BioMed Realty of San Diego, which had...
New York Business Journal Northwind Group has provided $231 million of construction financing for the conversion of 675 Third Ave, a 337,000-square-foot office building in Manhattan, into as many as 450 apartments A venture of Metro Loft Management...
Philadelphia Business Journal Lightstone Group has bought the 261,000-square-foot industrial property at 1800 Ogletown Road in Newark, Del, for $321 million, or $12299/sf The Lakewood, NJ, real estate firm acquired the property from Maguire Hayden...
Commercial Real Estate Direct Staff Report Average monthly rents for apartment units across the country increased in the third quarter by 23% from a year ago, to $1,950, according to Cushman & Wakefield The increase was the largest...
Philadelphia Business Journal Standard Communities has paid $293 million, or $157,527/unit, for The Helston, a 186-unit apartment property in Philadelphia’s Wynnefield Heights neighborhood The Los Angeles affordable-housing company acquired...
Philadelphia Business Journal TPG Real Estate Credit has provided $153 million of floating-rate construction financing for the first phase of Airport Logistics Center, a 105 million-square-foot industrial project in Tinicum Township, Pa, next to...
The Real Deal David Werner is said to be buying the 49% stake in the 103 million-square-foot 605 Third Ave office building in Midtown Manhattan from JPMorgan Asset Management, which offered the stake through Newmark The remaining stake in the...
Philadelphia Business Journal A venture of Wilder and investors advised by JPMorgan Asset Management has acquired Marketplace at Huntingdon Valley, a 257,000-square-foot grocery-anchored shopping center in Huntingdon Valley, Pa, a suburb of...
Washington Business Journal Akelius has sold three apartment properties totaling 917 units in Northern Virginia for $23595 million in separate transactions In its most recent deal, the Swedish real estate company sold the 318-unit Dominion Plaza...
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