San Diego Business Journal Equity Street Capital has paid $217 million, or $328,787/unit, for Elivia, a 66-unit apartment property in San Diego The Seattle investor purchased the property from ALA Spring Mountain LLC in a deal brokered by Berkadia...
Commercial Observer Burberry has signed a 15-year lease for 43,000 square feet of office space at the Salmon Tower in Manhattan The luxury fashion retailer is relocating from 444 Madison Ave, also in Manhattan, where it has occupied nearly 70,000 sf...
South Florida Business Journal An affiliate of Ryder Systems Inc has signed a lease for 152,573 square feet of industrial space in Medley, Fla The affiliate, Ryder Logistics of Medley, is taking its space at 15501 SW 29th St It currently leases...
Montgomery Street Partners, a Dallas investment manager that two years ago launched a private REIT to pursue investments in the ground beneath properties, has raised another $500 million of equity for the vehicle, the Ground Lease REIT Inc The...
Denver Business Journal Summit Communities has paid $695 million, or $259,328/unit, for the 268-unit Arboreta Apartments in Aurora, Colo The Denver investor purchased the property from Evergreen Devco Inc, which had acquired it in 2020 for $46...
San Francisco Business Times Local developer NX Ventures has proposed building a 242-unit apartment property at 2601 San Pablo Ave in Berkeley, Calif The eight-story property will have 25 units reserved as affordable and amenities that will include...
Commercial Observer Macquarie Group has leased 221,764 square feet on six floors at 660 Fifth Ave in Manhattan, relocating its Americas regional headquarters from 125 West 55th St It’s the first lease Brookfield Properties has signed for the...
Crain’s Chicago Business Ace Hardware has agreed to lease 250,000 square feet of office space at Oak Brook Reserve, a 297,000-sf office property in Oak Brook, Ill The retailer will take its space at 2915 Jorie Blvd, which is 20 miles west of...
Denver Business Journal A venture of Crescent Communities and Oxford Properties has broken ground on Novel Uptown, a 261-unit apartment property in Denver The 10-story property is being built at 1557 North Logan St, about two miles east of the...
REBusiness Online Lotus Co has paid $254 million, or $20402/sf, for Church Ranch Corporate Center, a 124,500-square-foot office property in Westminster, Colo The Salt Lake City company purchased the four-story property from Certus, which was...
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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