South Florida Business Journal Related Group has lined up $167 million of financing for Gallery at Lummus Parc, a 257-unit apartment project that’s under construction just west of downtown Miami The financing includes an $80 million...
South Florida Business Journal Publix Super Markets has paid $8325 million, or $40661/sf, for Airpark Plaza, a 204,740-square-foot shopping center in Miami The Lakeland, Fla, grocery chain acquired the retail property from an affiliate of First...
Washington Business Journal Stockbridge Capital Group has paid $566 million, or $27882/sf, for a 203,000-square-foot industrial property at 8511 Pepco Place in Upper Marlboro, Md, about 12 miles southeast of Washington, DC The San Francisco real...
JLL Income Property Trust has paid $9025 million, or nearly $228/sf, for the 396,375-square-foot Worcester Distribution Center in the Boston suburb of Boylston, Mass The Chicago REIT, whose shares do not trade on any exchange, bought the four-year...
Morgan Stanley Real Estate Investing has paid $841 million, or $44384/sf, for 601 McCarthy, a 189,481-square-foot research and development property in the Silicon Valley city of Milpitas, Calif The New York investment manager acquired the property,...
Denver Business Journal Pauls Corp has paid $5725 million, or $17043/sf, for Regency Plaza, a 335,908-square-foot office property in Denver The local investor, which had previously owned the property in the 1990s, acquired it from Granite...
Philadelphia Business Journal American Healthcare REIT has paid $4258 million, or $506,905/unit, for the 84-unit Residence at Bala Cynwyd seniors-housing property in the Philadelphia suburb of Bala Cynwyd, Pa The Irvine, Calif, REIT purchased the...
Commercial Real Estate Direct Staff Report BAM Capital has paid $5778 million, or $172,994/unit, for the 334-unit Marling at Town Creek apartment complex in the Wilmington, NC, suburb of Leland, NC The Indianapolis investment manager, an affiliate...
Crain’s Chicago Business Nuveen has paid $91 million, or $473,958/unit, for the 192-unit apartment complex at 255 North Addison Ave in the Chicago suburb of Elmhurst, Ill The New York investment manager acquired the property from its...
Charlotte Business Journal ESJ Capital Partners has paid $295 million, or $204,861/unit, for the 144-unit Bridges of Cabarrus apartment property in the Charlotte, NC, suburb of Kannapolis, NC The Miami real estate investor acquired the community...
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.
