Philadelphia Business Journal An affiliate of Invesco has paid for $663 million, or $312,736/unit, for Spring House at Brandywine, a 212-unit apartment complex in West Chester, Pa The Atlanta investment manager bought the property from Coastal Ridge...
Washington Business Journal RPM Living has purchased the 260-unit Margarite apartment building in Washington, DC, for $110 million, or $423,077/unit The Austin, Texas, multifamily investor bought the property from its developer, Grosvenor of Chicago...
Washington Business Journal ESJ Capital Markets has sold three flex buildings totaling 143,966 square feet in the Washington, DC, suburb of Silver Spring, Md, for $285 million, or $19796/sf Transwestern brokered the deal on behalf of the Miami-based...
Commercial Real Estate Direct Staff Report The former Lloyd Center mall in Portland, Ore, the largest open-air shopping center in the country when it was built in 1960, is being torn down at the end of the week Its demolition marks the latest step...
Philadelphia Business Journal Fernmoor has lined up $85 million of financing for Mi-Place at Downingtown, a 318-unit residential community in Downingtown, Pa, about 36 miles west of Philadelphia Barings provided the loan, which was arranged by CBRE...
Philadelphia Business Journal Speed Bay Warehouse Solutions has purchased an eight-building industrial portfolio totaling 488,936 square feet in the Philadelphia area for more than $84 million, or $17180/sf The Denver investor, which focuses on...
Washington Business Journal The buzz is that an affiliate of Douglas Development Corp is buying the 254,000-square-foot 1330 Connecticut Ave NW office building in Washington, DC The affiliate, Jemal Equities, would be buying the 12-story property...
Phoenix Independent GO Industrial has broken ground a 11 million square foot industrial property at 9797 West Buckeye Road in Tolleson, Ariz, about 14 miles west of Phoenix The property will have 40-foot clear heights and office space Cushman &...
Multi-Housing News Commonwealth Development Partners has started work on an office-to-apartment conversion project at 500 North Michigan Ave in Chicago The Greenwich, Conn, development firm is turning the 400,000-square-foot property into 320 units...
Commercial Real Estate Direct Staff Report Emory Healthcare’s decision earlier this month to expand its footprint at Northlake Mall in the Atlanta suburb of Tucker, Ga, has shined a light on the growing trend of medical and healthcare tenants...
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