Charlotte Business Journal Edgewater Ventures and Stockbridge Capital Group have paid $135 million, or about $8832/sf, for a 152,852-square-foot industrial building in Charlotte, NC The Boy Scouts of America sold the property, at 2109 Westinghouse...
South Florida Business Journal An affiliate of Rockpoint Group has sold 1221 Brickell, a 656,821-square-foot office building in Miami for $2865 million, or about $43619/sf A company managed by Randall Davis of Palm Beach, Fla, was the buyer The...
Dallas Morning News Albany Road Real Estate has bought The Summit, a two-building office park near downtown Fort Worth, Texas The Boston investor acquired the eight-story property, with more than 240,000 square feet, from Pennybacker Capital of...
Multi-Housing News Lloyd Jones has purchased the 113-unit Hamilton Heights seniors-housing property in West Hartford, Conn Peregrine Senior Living sold the property, on a 10-acre site at 1 Hamilton Heights Drive, for an undisclosed price Lloyd, of...
ROI-NJcom Inspired Healthcare Capital has purchased the 195-unit Homestead at Hamilton seniors-housing property in Hamilton Township, NJ, for $975 million, or $500,000/unit The Scottsdale, Ariz, investment manager bought the property, which sits on...
Dallas Morning News Westmount Realty Capital has sold Highland Bluffs, a 357-unit apartment property in Dallas An unidentified investor acquired the property, at 1615 John West Road, which consists of 28 three-story buildings with a mix of one- and...
Dallas Morning News MC Cos has bought the 238-unit Briarcrest Apartments in the Dallas suburb of Carrollton, Texas The seller and purchase price were not disclosed The Briarcrest, at 1330 MacArthur Drive, was built in 1983 and has two-bedroom units...
Blake Griggs Properties LLC has paid $204 million, or $30361/sf, for Village Shopping Center, a 67,192-square-foot retail center in Danville, Calif The local investment and development company purchased the property from Montair Associates of San...
The Real Deal Innovo Property Group, which late last year had struck a deal to buy the 864,303-square-foot office building at 452 Fifth Ave in midtown Manhattan, hasn’t completed its purchase and lost its $35 million deposit Innovo was to have...
Pebblebrook Hotel Trust has paid $174 million, or $677,043/room, for the 257-room Gurney’s Newport Resort & Marina in Newport, RI The Bethesda, Md, REIT bought the property, constructed in 1969 on 10 acres on Goat Island, from New Jersey...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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