InvenTrust Properties has paid $34 million, or $20118/sf, for New Garden Crossing, a 169,000-square-foot retail property in Greensboro, NC The Downers Grove, Ill, REIT purchased the shopping center from Hackney Real Estate Partners of Richmond, Va,...
Orlando Business Journal Hedrick Brothers Development has lined up $565 million of construction financing for The Hedrick at Lake Toho Apartments, a 366-unit project in the Orlando, Fla, suburb of Kissimmee, Fla The Winter Park, Fla, developer...
South Florida Business Journal A venture of Intalex, Itero Investments, and Greenwall has bought The Ponce, a 365,000-square-foot office complex in the Miami suburb of Coral Gables, Fla, for $978 million, or $26795/sf An affiliate of PGIM Real...
South Florida Business Journal Longpoint Partners has paid $388 million, or $31913/sf, for a two-building industrial property totaling 121,579 square feet in Medley, Fla The Boston investor purchased the property from Martha and Ruben Artiles Axiom...
Crain’s Chicago Business Local developer R2 has paid $176 million, or $8195/sf, for the 214,768-square-foot office property at 600 West Fulton St in Chicago The seller was a venture led by real estate investor Randy Rissman, which bought it in...
New York Times The 38-story office property at 235 East 42nd St in Midtown Manhattan that is undergoing a residential conversion has been evacuated as construction workers noticed cracks, as well as structural support beams beginning to buckle on...
Commercial Property Executive MCA Realty has paid $206 million, or $14896/sf, for a three-building industrial property totaling 138,296 square feet in Kent, Wash, a city that’s 14 miles south of Seattle The Santa Ana, Calif, investment firm...
AZ Big Media Okland Construction has agreed to lease an 85,241-square-foot industrial building at 2525 West Corporate Center Drive within the 17 North Corporate Center development in Phoenix The construction manager was represented by DAUM...
The Southern region of the country saw 53,000 apartment-unit starts in the first quarter of this year, accounting for more than half of the 103,000 units that broke ground nationally, according to the US Census...
Rentvcom Titanium Plus Auto Parts has agreed to lease a 522,300-square-foot industrial property within the Chino South Industrial Center in Chino, Calif The auto parts distribution company is taking the space from the property’s owner,...
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