Commercial Observer InterVest Capital Partners is paying $65 million, or $129,224/unit, for a portfolio of seven apartment properties with 503 units in the Bronx, NY The investment manager, formerly Wafra Capital Partners, is buying the portfolio...
Denver Business Journal Vail Resorts is offering for sublease 76,000 square feet of office space at Interlocken Business Park, a 241,516-sf property in Broomfield, Colo The resort operator hired Cushman & Wakefield to market the space Vail...
Griffin Living has sold Griffin Plaza, comprised of an 85,022-square-foot retail center and the 102-unit Varentia of Simi Valley seniors-housing property, in Simi Valley, Calif, for $221 million The Westlake Village, Calif, development firm sold the...
Crain’s Chicago Business JVM Realty has acquired the 149-unit Courthouse Square Apartments in Wheaton, Ill, about 28 miles west of Chicago The purchase price could not yet be learned The Oak Brook, Ill, investment manager purchased the...
Minneapolis/St Paul Business Journal An affiliate of SR Realty Trust Inc has paid $25 million, or $6944/sf, for the 360,000-square-foot industrial property at 905 Yankee Doodle Road in Eagan, Minn The Minneapolis REIT purchased the property from...
The Real Deal Stonehenge NYC has paid $115 million, or $586,735/unit, for the 196-unit RiverEast apartment building on Manhattan’s Upper East Side The New York investor bought the 32-story property, at 408 East 92nd St, from UBS Realty...
DevelopGoodyearAZcom ViaWest Group has broken ground on a 599,351-square-foot industrial property at the southwest corner of Camelback Road and Cotton Lane in Goodyear, Ariz, about 24 miles west of Phoenix The Phoenix developer is building the...
Torose Equities, a recently formed real estate investor, has completed its second investment, paying $31 million, or $92/sf, for the 336,772-square-foot 6302 Corporate Center office property in Tampa, Fla The company pursues a contrarian investment...
Commercial Property Executive Thompson Thrift has broken ground on Germann Commerce Center, a 1 million-square-foot industrial property in Queen Creek, Ariz The Indianapolis developer is building the property at the southwest corner of Meridian and...
Commercial Property Executive Copper State Bolt & Nut has agreed to fully lease the 94,186-square-foot industrial property at 1002 South 54th Ave in Phoenix The manufacturer and distributor of fasteners was represented by CBRE, while the owner...
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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