Commercial Real Estate Direct Staff Report Braven Office Commons, a 749,694-square-foot property in Bellevue, Wash, has been placed on the sales block by its receiver as its foreclosure process begins Eastdil Secured has been tapped to market the...
South Florida Business Journal An affiliate of Breevast has paid $1099 million, or $413,158/unit, for Avida Aventura, a 266‑unit apartment property in Miami The Amsterdam company bought the eight‑story property from an affiliate of Fifield Cos...
Half of all data-center operators reported that their properties had experienced power outages within the past three years, according to data compiled by the Uptime Institute That was down from 53% in...
Commercial Real Estate Direct Staff Report The appraised value of the 781,426-square-foot office property at 10 South LaSalle St in Chicago has been reduced once again, this time to $272 million Last September, the property had its value slashed by...
AZ Big Media US Merchants has paid $6388 million, or $14072/sf, for a 453,960-square-foot building within West Summit at Surprise, a two-building industrial property with 704,472 sf in Surprise, Ariz, a northwestern suburb of Phoenix The Beverly...
Atlanta Business Chronicle Dominium has paid $278 million, or $168,485/unit, for Sweetwater Terraces, a 165‑unit apartment complex in the Atlanta suburb of Duluth, Ga The Plymouth, Minn, affordable-housing developer purchased the active-adult...
Atlanta Business Chronicle Portman Holdings has acquired the Westin Peachtree Plaza, a 1,073‑room hotel in downtown Atlanta The local company purchased the 73-story property through its Portman Hospitality Fund I investment vehicle Marriott...
Bisnow Lightstone Group has paid $165 million, or $9429/sf, for 3 Burlington Woods, a 175,000-square-foot life-sciences building in the Boston suburb of Burlington, Mass The New York company purchased the four-story property from GI Partners, a...
Houston Business Journal Sade Real Estate has lined up $1285 million of financing for its purchase of The Arno, a 168‑unit apartment building in Houston Hudson Bay Capital of New York provided the loan, which was arranged by Walker & Dunlop...
AvalonBay Communities and Equity Residential have agreed to merge, creating the nation's largest publicly traded apartment REIT with an enterprise value of $69...
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