Brixmor Property Group has paid $857 million, or $47116/unit, for Brea Gateway Center, a 181,891-square-foot retail center in Brea, Calif The New York REIT purchased the property from a limited partnership led by PNC Bank that was represented by JLL...
Property sales volume in last year's fourth quarter totaled a whopping $3256 billion - 97 percent more than the same period a year earlier - bringing full-year volume to $80871 billion, according to Real Capital Analytics The full-year volume was up...
South Florida Business Journal RFR Holding has bought 100 Biscayne, a 446,137-square-foot office building in downtown Miami, for $811 million, or about $18178/sf The New York real estate investment firm purchased the 30-story property, at 100 and...
Atlanta Business Chronicle Granite Properties has bought the 33-story office and condominium building at 3630 Peachtree Road in Atlanta for an undisclosed price The Atlanta company purchased the 438,910-square-foot property from Heitman, which had...
Charlotte Business Journal Inland Real Estate Group has sold Vanguard Northlake, a 204-unit apartment property in Charlotte, NC, for $4425 million, or about $216,912/unit The Oak Brook, Ill, company sold the complex to Covenant Capital Group of...
Commercial Property Executive A venture of Staley Point Capital and Bain Capital Real Estate has paid $35 million, or $21880/sf, for the 159,964-square-foot industrial property at 12065 Pike St in Santa Fe Springs, Calif, about 15 miles southeast of...
Commercial Real Estate Direct Staff Report Arden Group has paid $10629 million, or $333/sf, for 136 Center, a two-building office property with 318,832 square feet in Draper, Utah The Philadelphia investment manager bought the property through its...
Crain’s Chicago Business JVM Realty has paid $99 million, or $333,333/unit, for Residences at Hamilton Lakes, a 297-unit apartment property in Itasca, Ill, about 25 miles west of Chicago The Oak Brook, Ill, investment and management company...
Commercial Real Estate Direct Staff Report Prices for commercial properties last year ballooned by 2293 percent, according to Real Capital Analytics That’s the largest annual increase ever recorded by the New York research company, whose...
Washington Business Journal Petroleum Marketing Group Inc has paid $735 million, or $31277/sf, for Leesburg Plaza, a 235,000-square-foot retail center in Leesburg, Va The Falls Church, Va, company purchased the property from an affiliate of Federal...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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