Sack Capital Partners has paid $367 million, or $265,942/unit, for the 138-unit Terramonte at Foothill Apartments in Pomona, Calif, some 30 miles east of Los Angeles The San Francisco investment manager acquired the property from Positive...
Camden Property Trust has sold its 11 California apartment properties with 3,609 units for $163 billion, marking the company's exit from the state after 28 years...
Philadelphia Business Journal Fernmoor has lined up $85 million of financing for Mi-Place at Downingtown, a 318-unit residential community in Downingtown, Pa, about 36 miles west of Philadelphia Barings provided the loan, which was arranged by CBRE...
Marquee Capital has paid $51 million, or $21820/sf, for the 233,727-square-foot Merchants Square retail property in the Indianapolis suburb of Carmel, Ind The Milwaukee investment manager, founded in 2008 as the real estate arm of Marcus...
BKM Capital Partners has paid $856 million, or $21340/sf, for three shallow-bay industrial properties with 401,132 square feet in the Seattle area The Newport Beach, Calif, investment manager bought the properties through its BKM Industrial Value...
South Florida Business Journal Kimco Realty Corp has bought a pair of grocery-anchored shopping centers in South Florida for $108 million The Jericho, NY, REIT paid $56 million, or $22788/sf, for the 245,744-square-foot Sunshine Plaza in Tamarac,...
Philadelphia Business Journal Speed Bay Warehouse Solutions has purchased an eight-building industrial portfolio totaling 488,936 square feet in the Philadelphia area for more than $84 million, or $17180/sf The Denver investor, which focuses on...
Washington Business Journal The buzz is that an affiliate of Douglas Development Corp is buying the 254,000-square-foot 1330 Connecticut Ave NW office building in Washington, DC The affiliate, Jemal Equities, would be buying the 12-story property...
Austin Business Journal Canyon Creek Real Estate has paid $208 million, or $41322/sf, for the 503,344-square-foot One Eleven Congress office building in downtown Austin, Texas The Fort Worth, Fla, investor purchased the 30-story structure...
Orlando Business Journal APC US Pineda Commons LP has paid $4134 million, or $55416/sf, for Pineda Commons, a year-old retail property in Melbourne, Fla The Toronto investor acquired the shopping center, along with three of its outparcels, from an...
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