Commercial Property Executive CapRock Partners has paid $375 million, or $15316/sf, for Summit at Surprise, a 244,847-square-foot industrial property in Surprise, Ariz, about 21 miles northwest of Phoenix The Newport Beach, Calif, private equity...
Commercial Property Executive Stack Infrastructure, Blue Owl Capital’s data-center development arm, has paid $664 million for a 71-acre development site at 15140 Keyser Road in Culpeper, Va The Denver company acquired the property from RACM,...
South Florida Business Journal A venture of SG Holdings and New Urban Development has secured $63 million of construction financing for the 153-unit Serenity Gardens affordable seniors housing project in Miami Gardens, Fla The financing package...
Commercial Property Executive SouthState Bank has provided $434 million of financing against the 121,990-square-foot office and retail property at 200 and 250 Columbine St in Denver JLL Capital Markets arranged the five-year loan on behalf of the...
Puget Sound Business Journal An affiliate of BentallGreenOak, or BGO, has paid $152 million, or $638,655/unit, for Ballard Independent, a 238-unit apartment complex in Seattle The New York investment manager acquired the seven-story property from...
Multi-Housing News CONAM Group has paid $58 million, or $250,000/unit, for the 232-unit Alicante Apartments in Las Vegas The San Diego investment firm bought the property, at 4370 South Grand Canyon Drive, from Sares Regis Group, which acquired it...
Multi-Housing News American Healthcare REIT has paid $1028 million, or $514,000/unit, for Avella at Almaden, a 200-unit seniors housing property in San Jose, Calif The Irvine, Calif, REIT acquired the property, at 4610 Almaden Expressway, from its...
Commercial Real Estate Direct Staff Report The former Lloyd Center mall in Portland, Ore, the largest open-air shopping center in the country when it was built in 1960, is being torn down at the end of the week Its demolition marks the latest step...
Commercial Property Executive Breakthrough Properties and Tishman Speyer have provided $90 million of financing against Aperture Del Mar, a 538,000-square-foot life-sciences property in San Diego The new debt allows the owner of the property,...
Phoenix Independent GO Industrial has broken ground a 11 million square foot industrial property at 9797 West Buckeye Road in Tolleson, Ariz, about 14 miles west of Phoenix The property will have 40-foot clear heights and office space Cushman &...
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