Commercial Real Estate Direct Staff Report LXP Industrial Trust has paid $103 million, or $17176/sf, for the 599,664-square-foot office complex at 4025, 4035, and 4045 South Riverpoint Parkway in Phoenix The West Palm Beach, Fla, REIT bought the...
Ceifa Capital has paid $525 million, or $298,295/unit, for the 176-unit Flats at Legacy apartment property in the Hampton Roads, Va, city of Poquoson The Highland, Utah, investor bought the two-year-old property from its developer, Franklin Group of...
South Florida Business Journal An affiliate of Reyes Holdings has bought the 440,709-square-foot distribution facility at 441 SW 12th Ave in Deerfield Beach, Fla, for $841 million, or $19083/sf The Rosemont, Ill, company acquired the warehouse from...
Charlotte Business Journal Onward Investors has paid $26 million, or $11523/sf, for the LakePointe 3 and 5 office buildings in Charlotte, NC The Minnetonka, Minn, investor acquired the four-story buildings from Bridge Investment Group of Atlanta,...
Orlando Business Journal Waterstone Properties has paid $785 million, or $19773/sf, for Hammock Landing, a 397,000-square-foot retail center in West Melbourne, Fla, about 30 miles south of Cape Canaveral, Fla The Needham, Mass, company purchased the...
Empire State Realty Trust Inc has completed the $275 million, or $50575/sf, sale of the 543,743-square-foot office building at 250 West 57th St in Midtown Manhattan The New York REIT was said to have sold the 105-year-old building to Namdar Realty...
Bloomberg Spear Street Capital has agreed to pay about $280 million, or $29661/sf, for US Bank Center, a 944,000-square-foot office property in Seattle The San Francisco investor would be acquiring the property from Blackstone, which bought it in...
Several sizable shopping mall loans became delinquent last month, increasing the overall volume of CMBS loans that were classified as being more than 30 days late by 144%, or $646 million, to $4567 billion, according to Trepp...
Crain’s Chicago Business Realty Income has paid $1765 million, or $26032/sf, for two industrial properties totaling 678,000 square feet at 3101 Protection Parkway and 2501 Sanders Road in Glenview, Ill The San Diego REIT acquired the buildings...
Commercial Real Estate Direct Staff Report A venture of Machine Investment Group, Miramar Capital, and Axonic Capital has paid $135 million, or $10385/sf, for the 13 million-square-foot Hub@202 industrial property in Mesa, Ariz The venture purchased...
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