Bisnow Pontegadea Investments SL, the family office of Amancio Ortega, founder of Inditex, which owns Zara and other fashion brands, has paid about $550 million, or nearly $393/sf, for 1 North Wacker Drive, a 15 million-square-foot office property...
Portland Business Journal An affiliate of Trinity Property Consultants has paid $404 million, or $226,966/unit, for the 178-unit 10th @ Hoyt apartment property in Portland, Ore’s Pearl District The Irvine, Calif, multifamily owner-operator...
A venture of Sterling Organization and Cohen & Steers Income Opportunities REIT Inc has paid $325 million, or $20021/sf, for the 162,326-square-foot Manchester Village retail property in the Charlotte, NC, suburb of Rock Hill, SC The venture...
Triad Business Journal Appian Investments has paid $22 million, or $7653/sf, for the 287,464-square-foot Renaissance Plaza office building in downtown Greensboro, NC The Greenville, SC, real estate investment firm purchased the 19-story property...
South Florida Business Journal Empira Group has lined up $81 million of construction financing for The Aurelian, a 160-unit apartment project that’s under construction in Coral Gables, Fla Pearlmark provided the loan, which was arranged by...
PCCP has provided $41 million of senior mortgage financing against the 125-unit Tenney North Park apartment property in the North Park area of San Diego The loan allowed developer Foulger-Pratt to retire construction financing and fund its...
BXP Inc has sold a 106% equity stake in the roughly 930,000-square-foot office building it’s constructing at 343 Madison Ave next to the Grand Central Terminal in Midtown Manhattan to AVRS Partners of New York The Boston REIT hasn’t yet...
A venture of Coastal Ridge Real Estate and Brookfield has paid $20475 million, or about $787,500/unit for the 260-unit Grad San Jose student-housing property next to San Jose State University in San Jose, Calif The venture—Coastal Ridge is a...
Multi-Housing News A group comprised of Kennedy Wilson, Hulic Co, and Fuyo General Lease has paid $176 million, or $564,103/unit, for One South Market, a 312-unit apartment property in downtown San Jose, Calif The group acquired the property, at 1...
KPMG is in talks to lease about 250,000 square feet at the 13 million-sf office building at 300 North LaSalle St in Chicago The accounting firm would relocate from Aon Center, where it occupies about 236,000 sf under a lease that expires in 2029 The...
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