Puget Sound Business Journal Mesirow has paid $157 million, or $668,085/unit, for the 235-unit Island Square Apartments in Mercer Island, Wash, about five miles east of Seattle The Chicago investment manager acquired the property, at 2758 78th Ave...
A total of 208,072 apartment units were absorbed during the first half of the year, while 167,734 units were delivered If demand continues to outpace supply this year, it would be the first time in five years that that's...
Minneapolis/St Paul Business Journal Faegre Drinker Biddle & Reath has agreed to renew its 175,000-square-foot lease at Wells Fargo Center, a 12 million-sf office property in Minneapolis The law firm leases floors 20 through 27 in the 57-story...
Multi-Housing News Tishau Holdings Properties has paid $87 million, or $217,500/unit, for the 400-unit Mirasol Apartments in Las Vegas The Menlo Park, Calif, company acquired the property, at 2180 East Warm Springs Road, from Waterton of Chicago,...
Charlotte Business Journal Asana Partners has paid $60 million, or $91917/sf, for Specialty Shops SouthPark, a 65,276-square-foot retail property in Charlotte, NC The local company bought the open-air shopping center from a venture of Hill Partners,...
South Florida Business Journal Kamson Corp has paid $905 million, or $189,331/unit, for Ponte Verde at Palm Beach Lakes, a 478-unit residential condominium community in West Palm Beach, Fla The Englewood Cliffs, NJ, apartment owner purchased the...
Conditions in the national office market continue to stabilize, with certain gateway areas in full recovery mode New York is one of them SL Green Realty Corp, for instance, reported leasing spreads at replacement leases of 18% during the latest...
South Florida Business Journal InSite Property Group has paid $3272 million, or $26520/sf, for a 123,379-square-foot self-storage facility at 650 NW 30th St in Miami’s Allapattah neighborhood The Redondo Beach, Calif, company purchased the...
Tampa Bay Business Journal EQT Real Estate has purchased the 605,412-square-foot CenterState Logistics Center industrial property in Lakeland, Fla, for $615 million, or $10158/sf Griffin Capital Essential Asset REIT Inc sold the warehouse, which it...
Multi-Housing News Pacific Urban Investors has paid $112 million, or $289,406/unit, for the 387-unit A’Capella Apartments in Lynnwood, Wash, a northern suburb of Seattle The Palo Alto, Calif, investor acquired the property, at 15001 35th Ave...
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