David Brecher, chief executive of FM Home Loans, has paid $235 million, or $192,623/unit, for the 122-unit apartment building at 1000 Ocean Parkway in the Midwood area of Brooklyn, NY Brecher, who founded FM Home Loans in 1999, previously headed...
The 122,167-square-foot Beacon retail property in the San Diego suburb of Carlsbad, Calif, has changed hands for $913 million, or $74734/sf Asana Partners of Charlotte, NC, sold the 44-year-old property to 11North Partners The New York investment...
Commercial Real Estate Direct Staff Report A venture led by Sixth Street Partners has paid $176 million, or $911,017/room, for the 193-room Park Hyatt Beaver Creek Resort & Spa in Colorado’s Beaver Creek Village The San Francisco...
Atlanta Business Chronicle UAC Investments II LLC has paid $156 million, or $100,000/unit, for Avondale Reserve Apartment Homes, a 156‑unit complex in Avondale Estates, Ga, about nine miles east of Atlanta The Charlotte, NC, company purchased the...
Memphis Business Journal An affiliate of SpaceX has paid $185 million, or $23567/sf, for a 785,000‑square‑foot data center at 3231 Paul R Lowry Road in Memphis, Tenn Phoenix Investors of Milwaukee sold the property, which it purchased for $35...
Washington Business Journal The Silverman Group has bought a 110,000‑square‑foot industrial property at 3300 Marlo Lane in Forestville, Md The Basking Ridge, NJ, company purchased the building from Oliver Street Capital of Boston in a deal...
Washington Business Journal CCLC, the former Chevy Chase Land Co, has sold the 190,866-square-foot medical-office building at 8401 Connecticut Ave in the Washington, DC, suburb of Chevy Chase, Md, for $401 million, or $21010/sf The buyer was not...
Commercial Real Estate Direct Staff Report Tanger Inc has purchased the 309,532-square-foot Town Center at Levis Commons in Perrysburg, Ohio, a suburb of Toledo, Ohio It’s the fourth lifestyle retail property for the Greensboro, NC, REIT,...
Crain’s Chicago Business Lendlease is offering for sale Cooper at Southbank, a 452-unit apartment property in Chicago’s South Loop neighborhood The Australian developer hired CBRE to market the 29-story property at 720 South Wells St...
Crain’s Chicago Business Basis Technologies has listed 70,017 square feet of office space for sublease at Sullivan Center, a 943,944-sf office property in Chicago The digital advertising software company’s lease runs through October 2030...
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