An investor group organized by Milan Capital Management has paid $2125 million, or just more than $282/sf, for the El Dorado Shopping Center in Long Beach, Calif The Milan group, of Orange, Calif, bought the 57-year-old property as part of a...
The Registry NFI Industries has agreed to renew its lease for an 864,000-square-foot industrial building at the Perris Distribution Center in Perris, Calif The supply chain solutions provider leases the building from Ares Management, which was...
The Real Deal The New York City Housing Development Corp and Wells Fargo Bank have led a $414 million construction financing package for the development of a 611-unit affordable-housing project in Manhattan’s Inwood section The 30-story...
New York YIMBY Work has wrapped up at the Eastlight, a 144-unit residential condominium building in Manhattan’s Kips Bay area The 34-stotry property, at 200 East 34th St, was developed by a group led by China Overseas Holdings It has studio,...
Crain’s New York Business MetLife Investment Management has paid $681 million for a pair of apartment buildings with a total of 78 units in the Williamsburg section of Brooklyn, NY The Parsippany, NJ, investment manager bought the buildings,...
Northwind Group has provided $313 million of financing to fund the completion of the 273-unit residential condominium project at 125 Greenwich St in lower Manhattan Exterior construction of the 88-story building, which is being developed by a...
REJournalscom Hyde Development is planning to build Dakota Commerce Center North, a 14 million-square-foot industrial property in Fargo, ND The Minneapolis developer is building the property near the intersection of 40th Avenue and Interstate 29,...
Paramount Realty Services has paid $365 million, or nearly $401/sf, for the 91,069-square-foot View at Marlton retail center in the Philadelphia suburb of Marlton, NJ The Lakewood, NJ, investor bought the property as part of a tax-deferred exchange...
Multi-Housing News A venture of PCCP LLC and Dinerstein Cos is planning to build Atlas Mesa, a 394-unit apartment property in Mesa, Ariz It will be constructed at the northwest corner of East Baseline Road and South Sunview, about 25 miles east of...
REBusiness Online Sherman Associates has opened the Moment, a 222-unit apartment property in downtown Minneapolis The local developer broke ground on the $66 million project, at 650 Portland Ave, in May 2021 The Moment has studio, one- and...
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