Commercial Real Estate Direct Staff Report Black Diamond Capital Management, which late last year bought the distressed $4185 million CMBS loan against the Palisades Center Mall in Rockland County, NY, has taken over the 23 million-square-foot...
Charlotte Business Journal National Kitchen & Bath Cabinetry Inc has bought a 247,000-square-foot industrial building within the Axial Bonds Farm industrial complex in Concord, NC, for $30 million, or $12146/sf The local cabinet supplier for...
ConnectCRE Equus Capital Partners has paid $469 million, or $13719/sf, for the Falls Lake Commerce Center, a 341,867-square-foot industrial complex in Butner, NC, about 14 miles northeast of Durham, NC The Newtown Square, Pa, company purchased the...
Commercial Observer GDC Properties has paid $241 million, or $803,333/unit, for the 30-unit apartment property at 335 Carroll St in the Carroll Gardens section of Brooklyn, NY The Hawthorne, NY, developer acquired the property from Solon Mack...
The Real Deal The Gutow Co has teamed with Vertical Partners LLC to buy the 246,955-square-foot office building at 12001 North Central Expressway in Dallas The locally based companies purchased the 13-story property from Atlas Coit Central LLC,...
Multi-Housing News New York Life Insurance Co has provided $61 million of financing for the purchase of the 424-unit Capitol at Stonebriar apartment complex in the Dallas suburb of Frisco, Texas Tanglewood Property Group of Houston purchased the...
South Florida Business Journal An affiliate of RK Centers has sold the 31,835-square-foot shopping center at 2178 NE 123rd St in North Miami for $1576 million, or $49505/sf The Sunny Isles Beach, Fla, company sold the retail property to a company...
PCCP LLC has paid $1416 million, or $11652/sf, for the 121 million-square-foot industrial property at 3419 Ritner Highway in the Cumberland County, Pa, town of Newville, about 34 miles southwest of Harrisburg, Pa The Los Angeles investor acquired...
Triad Business Journal Somerset Properties has paid $4675 million, or $13914/sf, for the South Elm Industrial Center, a 336,000-square-foot industrial complex in Greensboro, NC The Fort Washington, Pa, company purchased the 13-building property from...
Commercial Observer Premier Equities has paid $316 million, or $468/sf, for the 67,528-square-foot office building at 1220 Broadway in Manhattan’s Midtown South submarket The New York investor, led by Yaron Jacobi and Uzi Ben Braham, bought...
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