Denver Business Journal Avanti Residential has paid $31 million, or $352,273/unit, for Park Cheesman, an 88-unit apartment property in Denver The local investor acquired the property, at 1177 Race St, from a limited liability company, which bought...
Northmarq has arranged $24 million of financing for the construction of a 49-unit student housing property at 2372 Ellsworth St in Berkeley, Calif The loan, which was provided by an unnamed bank, was secured on behalf of the developer, Bright Street...
Commercial Real Estate Direct Staff Report Average monthly rents for apartment units across the country increased in the third quarter by 23% from a year ago, to $1,950, according to Cushman & Wakefield The increase was the largest...
AZ Big Media Plaza Cos and Fayth Hospitality plan to break ground on the 257-room Hotel Six Four, Mayo Blvd in Phoenix Plaza, of Peoria, Ariz, and Fayth, of Dallas, will build the property at the southeast corner of 64th Street and Mayo Boulevard,...
Just more than 10 million square feet of office space was leased in Manhattan during the third quarter, bringing the total for the year through September to 3286 million sf, according to Colliers...
Puget Sound Business Journal Bell Partners has paid $95 million, or $363,984/unit, for Leva on Market, a 261-unit apartment property in Seattle’s Ballard neighborhood The Greensboro, NC, company acquired the property from its developer an...
Atlanta Business Chronicle Alston & Bird has renewed its lease for about 295,000 square feet of office space at One Atlantic Center in Atlanta The local law firm is reducing its footprint from about 340,000 sf at the 11 million-sf building,...
Crain’s Chicago Business Simpson Thacher & Bartlett has agreed to lease about 94,000 square feet of space at the 638,794-sf office building at 167 North Green St in Chicago’s Fulton Market neighborhood The New York law firm will...
Commercial Property Executive Benderson Development has paid $603 million, or $464/sf, for the 130,000-square-foot retail center at 421 Alakawa St in Honolulu The University Park, Fla, company acquired the property from Alexander & Baldwin,...
Multi-Housing News Post Investment Group has paid $60 million, or $198,675/unit, for Violet on Virgil, a 302-unit apartment property in Los Angeles The Beverly Hills, Calif, company acquired the property from Blackstone’s LivCor unit, which...
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