Charlotte Business Journal Shoreline Capital has paid $181 million, or $11156/sf, for a 162,240-square-foot industrial building in Salisbury, NC The Charlotte, NC, company purchased the structure from an affiliate of Hamilton Property Co The...
Philadelphia Business Journal Broadstone Net Lease has agreed to pay $114 million, or $16765/sf, for the Stine Research Center, a roughly 680,000-square-foot research and development campus in Newark, Del The New York REIT is acquiring the property...
Blackstone has agreed to pay $279 million, or $339,830/room, for the 821-room Hyatt Regency San Francisco Hotel The giant investment manager is buying the property, part of the Embarcadero Center complex in the city’s Financial District, from...
South Florida Business Journal Waterton Residential has paid $8052 million, or $224,916/unit, for the Landings at Pembroke Lakes, a 358-unit apartment property in Pembroke Pines, Fla The Chicago investor bought the property from an affiliate of Bar...
South Florida Business Journal An affiliate of North American Development Group has lined up $1206 million of construction financing for Nuvo Delray Beach, a 476-unit apartment project in Delray Beach, Fla Wells Fargo Bank provided the loan The West...
Washington Business Journal An affiliate of DSF Group has paid $2163 million, or $337,696/unit, for Shenandoah Crossing, a 640-unit apartment complex in Fairfax, Va The Boston investor purchased the garden-style property from AIR Communities of...
Commercial Real Estate Direct Staff Report Ashford Hospitality Trust Inc has sold the 254-room Hilton Garden Inn Austin Downtown hotel for $2685 million, or $105,709/room The Dallas REIT sold the 41-year-old property, at 500 North Interstate 35, to...
Austin Business Journal A venture of Sagard Real Estate and La Caisse has acquired an industrial outdoor storage facility in Austin, Texas, for an undisclosed price Sagard, of Denver, and La Caisse, a Quebec pension fund, purchased the property from...
San Antonio Business Journal An affiliate of DRA Advisors has lined up $168 million of financing for the 320,000-square-foot La Plaza del Norte shopping center in San Antonio Bank of America provided the loan DRA, of New York, recently purchased the...
Houston Business Journal Bridge Logistics Properties has purchased Twinwood Distribution Center III, a 767,520-square-foot industrial property in the Houston suburb of Brookshire, Texas The New York investor purchased the property from Clay...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
