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Home > Property Sales Soar in June, Taking 1H Volume to Among Highest in Decade
Commercial Observer ZD Jasper Realty has paid $47 million for a development site at 45-40 Vernon Blvd in the Long Island City section of Queens, NY The site, where an old factory still stands, was sold by a venture of Quadrum Global, Baron Property...
The Real Deal A venture of Redco Development and GCI General Contractors has paid $28 million, or $23529/sf, for the 119,000-square-foot office building at 300 California St in San Francisco Redco, of San Francisco, and GCI, of Mountain View, Calif,...
Dallas Business Journal Affiliates of Hillwood Development Co have purchased a portfolio of four office buildings totaling about 518,000 square feet in the Dallas suburb of Irving, Texas The Dallas development and investment company purchased the...
Rents at the major apartment-owning REITs averaged $2,377/unit in the fourth quarter, up 391 percent from a year earlier Meanwhile, the year-over-year rent growth that the REITs experienced was substantially more than the 047 percent growth that was...
Multi-Housing News Springer Capital has bought a portfolio of eight apartment properties with a total of 2,164 units in South Carolina for $2402 million, or about $110,998/unit Berkadia brokered the deal for the buyer The seller could not be learned...
Nashville Business Journal Fairfield Residential has bought the Landmark at Wynton Pointe, a 380-unit apartment property in Nashville, Tenn, for $518 million, or about $136,316/unit The San Diego company purchased the three-story property from GVA...
REBusiness Online Chavez Management Group has paid $445 million, or $10621/sf, for Natomas Corporate Center, a 419,000-square-foot office property in Sacramento, Calif The Burlingame, Calif, company purchased the property from Bannon Investments...
The vacancy rate for apartment properties in Phoenix was 95 percent in the first quarter, down from 98 percent in the previous quarter, according to Kidder Mathews Meanwhile, rents last quarter increased to $1,525/unit, from $1,514/unit at the end...
Maryland Daily Record Greenberg Gibbons has paid $345 million, or about $17415/sf, for Cool Springs Pointe, a 198,103-square-foot retail property in Brentwood, Tenn, about 15 miles south of Nashville, Tenn The Baltimore developer purchased the...
Chicago Business Journal CenterPoint Properties has sold a portfolio of three nearby industrial buildings totaling 17 million square feet in Elwood, Ill, for $125 million, or about $7353/sf The Oak Brook, Ill, company sold the properties to...
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© 2023 Commercial Real Estate Direct All rights reserved..
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