Washington Business Journal A venture of Garfield Investments and Broad Creek Capital has agreed to pay $262 million, or $13497/sf, for the 194,115-square-foot office property at 1667 K St NW in Washington, DC James Campbell Co of Kapolei, Hawaii,...
Washington Business Journal Trinity Property Consultants has paid $845 million, or $239,376/unit, for The Rowan, a 353-unit apartment complex in Washington, DC The Irvine, Calif, multifamily owner acquired the 10-story property from its developer,...
Philadelphia Business Journal Welltower has acquired Arbor Terrace Exton, an 88-unit seniors housing community in Exton, Pa, for $355 million, or $403,409/unit The Toledo, Ohio, REIT bought the property from a venture of Bain Capital and Capitol...
A total of 208,072 apartment units were absorbed during the first half of the year, while 167,734 units were delivered If demand continues to outpace supply this year, it would be the first time in five years that that's...
Minneapolis/St Paul Business Journal Faegre Drinker Biddle & Reath has agreed to renew its 175,000-square-foot lease at Wells Fargo Center, a 12 million-sf office property in Minneapolis The law firm leases floors 20 through 27 in the 57-story...
Conditions in the national office market continue to stabilize, with certain gateway areas in full recovery mode New York is one of them SL Green Realty Corp, for instance, reported leasing spreads at replacement leases of 18% during the latest...
Cincinnati Business Courier Silverman & Co has broken ground on Riverstone Place, a 269-unit apartment property in Covington, Ky The Blue Ash, Ohio, developer is building the property at West 4th Street and Madison Avenue, across the Ohio River...
Washington Business Journal FPA Multifamily is paying $250 million, or $204,583/unit, for the massive Riverside Apartments, a 1,222-unit complex in Alexandria, Va The San Francisco company is buying the three-building property from Elme Communities...
Commercial Property Executive Merus has broken ground on Dixon Commerce Center, a 190,960-square-foot industrial property in Obetz, Ohio The Cincinnati developer is building the property at 4390 Hubner Way, about seven miles south of Columbus, Ohio...
Commercial Observer David Yurman, a retailer of designer jewelry, has leased the nearly 24,000 square feet of retail space at the base of the Mandarin Oriental Residences at 685 Fifth Ave in Midtown Manhattan The retail space takes up the four...
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