Los Angeles Business Journal Douglas Emmett Inc has paid $330 million, or $275 million/unit, for the 120-unit apartment property at 1221 Ocean Ave in Santa Monica, Calif The local REIT purchased the property from Irvine Co of Newport Beach, Calif...
Commercial Observer Harrison Street has paid $156 million, or $1,457/sf, for two medical office properties with a combined 107,000 square feet in Beverly Hills, Calif, and Santa Monica, Calif The Chicago investment management firm purchased the...
Orlando Business Journal Trammell Crow Co has proposed building a 710,073-square-foot warehouse property in Apopka, Fla, about 25 miles northwest of Orlando, Fla The Dallas developer has filed plans to build the three-building industrial project,...
Multi-Housing News Southern Land Co has started work on a 254-unit apartment building at 1620 Sansom St in downtown Philadelphia The Nashville, Tenn, developer expects to complete the 27-story property by winter of 2023 It bought the development...
REJournalscom Keystone Senior Living has broken ground on Keystone Place at Magnolia Commons, a 142-unit age-restricted apartment property in Glen Carbon, Ill The Indianapolis company is building the property at 245 Magnolia Ave, about 22 miles from...
Commercial Observer May Riegler Properties plans to develop the two-building Highland Logistics Center on a 283-acre site in Frederick, Md The Washington, DC, developer recently bought the development site from Envision Capital of Frederick, which...
San Antonio Business Journal Koontz Corp has broken ground on the 374,000-square-foot industrial property at 483 South Callaghan Road in San Antonio The local developer is building the property in multiple phases, with its first, which will consist...
Dallas Morning News The Related Cos has acquired a development site in Dallas’ North Oak Cliff neighborhood, where the New York developer plans to build an apartment project with more than 400 units The project’s development site is at...
REJournalscom A venture of PCCP LLC and United Properties has broken ground on InverPoint 2, a 96,000-square-foot industrial property in Inver Grove Heights, Minn The property is being built on a speculative basis at 8450 Courthouse Blvd, about 20...
Rentvcom Becton, Dickinson and Co has agreed to lease 240,000 square feet at Park Point, a 472,000-sf office and research and development property in Milpitas, Calif JLL brokered the lease on behalf of the medical technology company, while Newmark...
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.
Subscribe to our Weekly Newsletter!
