Commercial Real Estate Direct Staff Report BXP Inc has sold $11 billion of its properties, putting it nearly 60% of the way to its $19 billion target The Boston REIT, the former Boston Properties Inc, set its disposition plans in motion last year,...
Commercial Real Estate Direct Staff Report MG Properties has paid $91 million, or $505,555/unit, for the 180-unit Dylan Point Loma apartment property in San Diego The San Diego investment manager acquired the property, at 2930 Barnard St, from an...
South Florida Business Journal IMC Equity Group has paid $335 million, or $164,216/unit, for the Pine Grove Apartments, a 204-unit complex in Homestead, Fla The North Miami company purchased the property from Marlin Spring US Realty of Toronto,...
Charlotte Business Journal Passco Cos has purchased the 340-unit Preston Ridge Apartments in Hickory, NC, for $731 million, or $215,000/unit The Irvine, Calif, company bought the property from an affiliate of Lat Purser & Associates of...
Crain’s Chicago Business An affiliate of AmTrust RE has handed over the 900,000-square-foot office property at 33 West Monroe St in Chicago to its lender through a deed-in-lieu of foreclosure The lender, Kohan Retail Investment Group, bought...
Crain’s Chicago Business Ante has paid $21 million, or $375,000/unit, for the 56-unit Harmony Apartments in Chicago The company is the family office of Giannis Antetokounmpo, who is a member of the Milwaukee Bucks professional basketball team...
Orlando Business Journal Chosen Hospitality has paid $2310 million for a pair of neighboring hotels with a combined 193 rooms in Palm Bay, Fla, about six miles southwest of Melbourne, Fla The sellers were not identified The four-story properties are...
Triangle Business Journal Black Mountain has bought the two-building West End Center office complex in Winston-Salem, NC, for $1905 million, or $4095/sf The Fort Worth, Texas, energy company purchased the 465,148-square-foot property from a pair of...
Philadelphia Business Journal L&B Realty Advisors has paid $824 million, or $359,825/unit, for the 229-unit Granary apartment property in the Logan Square section of Philadelphia The Dallas investment manager acquired the property from LaSalle...
Minneapolis/St Paul Business Journal Greystar Worldwide has paid $53 million, or $200,757/unit, for the 264-unit Arbor Glen apartments in Maple Grove, Minn, a northwestern suburb of Minneapolis The Charleston, SC, real estate giant acquired the...
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