Orlando Business Journal A venture of Cross Ocean Partners and CP Group has paid $96 million, or $13288/sf, for a portfolio of five office properties totaling 722,456 square feet in the Orlando, Fla, area City Office REIT sold the portfolio in a...
Triangle Business Journal Blue Ridge Capital Fund has bought the 188,510-square-foot office building at 3200 Beechleaf Court in Raleigh, NC, for $205 million, or $10875/sf The Cary, NC, company purchased it from Truist Bank The 10-story property...
Triangle Business Journal Stag Industrial has paid $83 million, or $24397/sf, for Building Three in the Triangle 55 business park in Durham, NC The Boston company purchased the 340,200-square-foot building from its developer, Scannell Properties of...
Commercial Real Estate Direct Staff Report An affiliate of Benedict Canyon Equities has sold the 206-unit Element Apartments in Reno, Nev, for $41 million, or $199,029/unit The seller could not yet be identified Benedict Canyon, of Los Angeles, had...
Commercial Real Estate Direct Staff Report Safehold Inc has acquired the ground-lease interest in the 207-unit apartment property that’s being developed at 6033-6039 De Soto Ave in Woodland Hills, Calif, a suburb of Los Angeles Safehold is a...
Bisnow Pacific Retail Capital Partners has taken control of the 402,929-square-foot Resurgens Plaza office building in Atlanta in a deed-in-lieu of foreclosure The Los Angeles company took the 27-story building from Zeller Realty Group of Chicago,...
South Florida Business Journal Griffis Residential has paid $41 million, or $284,722/unit, for Saba Pompano Beach, a 144-unit apartment complex in Pompano Beach, Fla The Greenwood Village, Colo, multifamily investor purchased the eight-story...
South Florida Business Journal Mele Management Co has sold the 106-unit Boca Villas Apartments in Boca Raton, Fla, for $30 million, or $283,019/unit The locally based firm sold the property to a limited liability company led by Matthew Paul of...
Commercial Real Estate Direct Staff Report An affiliate of Bascom Group has paid $534 million, or $175,657/unit, for Retreat at Speedway, a 304-unit apartment property in Tucson, Ariz The Irvine, Calif, investment manager acquired the property, at...
Commercial Observer Maheshchand Ratanji has paid $265 million, or $149,717/room, for the 177-room Holiday Inn Express Manhattan Midtown West Hotel in Manhattan The North Bergen, NJ, hotelier acquired the 11-story building from Roufail Real Estate...
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