Boston Business Journal An affiliate of Elliott Management has paid $124 million, or $512,397/room, for The Godfrey Hotel, a 242‑room property in Boston The West Palm Beach, Fla, investment firm acquired it from Union Investment, a German asset...
San Antonio Business Journal Gresham James Hotels has lined up $165 million of financing for its acquisition of the 128-room Home2 Suites by Hilton San Antonio Riverwalk at 603 Navarro St in San Antonio The lender, seller, and purchase price were...
Atlanta Business Chronicle TriBridge Residential has paid about $30 million, or $162,162/unit, for Collier Trailside, a 185‑unit apartment complex in Atlanta, Ga The Atlanta investor acquired the property, at 1391 Collier Road, from an affiliate...
Denver Business Journal Ares Management Corp has paid $647 million, or $22782/sf, for Verve Commerce Center, a two-building industrial property with 284,000 square feet in Broomfield, Colo, a northern suburb of Denver The Los Angeles investment...
A venture led by CenterSquare Investment Management has paid $1715 million, or nearly $161/sf, for the 106,643-square-foot Philips Highway Industrial Park in the Southside area of Jacksonville, Fla The Conshohocken, Pa, investment manager bought the...
Denver Business Journal A venture of Wood Partners and EIG EuroInvestor has broken ground on Alta Longmont, a 252-unit apartment property in Longmont, Colo Wood, of Atlanta, and EIG, of Germany, are developing the apartments at 251 East Rogers Road,...
Silicon Valley Business Journal Peninsula Land & Capital has paid $246 million, or $19871/sf, for Lincoln Court, a 123,800-square-foot office property in Campbell, Calif, about 50 miles south of San Francisco The Palo Alto, Calif, investment...
Commercial Real Estate Direct Staff Report The freestanding Lord & Taylor store in the Westchester County, NY, town of Scarsdale has been sold for $796 million, or nearly $401/sf The 198,523-square-foot property, on 11 acres at 750 White Plains...
Crain’s Chicago Business A group led by investor Prakash Patel has paid $29 million, or $124,463/room, for the 233-room Homewood Suites hotel in downtown Chicago Patel acquired the property, at 40 East Grand Ave, from Brookfield The hotel was...
The Real Deal A lawsuit filed against Bayerische Versorgungskammer, the German pension fund known as BVK, has requested a US federal judge to freeze proceeds from the recent sale of the 703,537-square-foot Transamerica Pyramid office tower in San...
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