Federal Realty Investment Trust has paid $536 million, or $25047/sf, for Scottsdale Forum, a 214,000-square-foot office building in Scottsdale, Ariz The Bethesda, Md, REIT purchased the property from CapRidge Partners, which had acquired it in 2018...
The Real Deal The New York Housing Development Corp has leased 109,000 square feet at 120 Broadway, a 191 million-square-foot office building in lower Manhattan The state agency is moving from 110 William St, also in lower Manhattan A venture of...
Dallas Morning News Jacobson Co has bought the Atlantica, a 217-unit apartment property in Burleson, Texas, about 18 miles south of Fort Worth, Texas The Los Angeles investor acquired the five-building complex from its developer, Sovereign...
Commercial Real Estate Direct Staff Report An affiliate of Harbor Group International has paid $180 million, or $517,241/unit, for three apartment properties with 348 units in Long Beach, Calif The Norfolk, Va, investment manager purchased the...
Crain’s New York Business Community Access has started work on Baez Place, a 154-unit affordable-housing project in the Bronx, NY The Manhattan nonprofit is developing the property at 1861 Carter Ave in the borough’s Claremont...
363,000-SF Retail Center in Chula Vista, Calif, Sells for $478Mln Commercial Real Estate Direct Staff Report Gershman Properties has paid $478 million, or $13168/sf, for the Shops at Eastlake Terraces, a 363,300-square-foot retail center in Chula...
Interstate Equities Corp has paid $93 million, or $567,073/unit, for the Vines at Riverpark, a 164-unit apartment property in Oxnard, Calif The Los Altos, Calif, investment firm purchased the property from Champion Real Estate Co of Los Angeles,...
South Florida Business Journal Clarion Partners has bought the 67,872-square-foot USA Self Storage facility at 1217 SW First Ave in Fort Lauderdale, Fla, for $2291 million, or about $33755/unit The New York investment manager purchased the property...
Kaufman & Jacobs LLC has paid $45 million, or $23214/unit, for Tel-Twelve Place, a 193,850-square-foot retail center in Southfield, Mich, which is 20 miles northwest of downtown Detroit The Chicago investment firm purchased the property from RPT...
Langdon Park Capital has paid $486 million, or $352,174/unit, for the 138-unit apartment property at 1829 East Workman Ave in the Los Angeles suburb of West Covina, Calif The Los Angeles investor, founded last year by Malcolm Johnson, a former...
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