Dallas Business Journal Provident Realty Advisors Inc has paid $115 million for an industrial portfolio with more than 267 million square feet in the Memphis, Tenn, area The Dallas company purchased the 13-building portfolio from Blackstone Real...
The Real Deal Bimbo Bakeries USA is vacating its North American operations in suburban Philadelphia for the nine-story MacArthur Plaza office building near Dallas The affiliate of Grupo Bimbo of Mexico City is leaving its current operations, a...
AZ Big Media A venture of IndiCap and VAC Development has broken ground on Chandler Bay, a 110,481-square-foot industrial property in Chandler, Ariz IndiCap and Vac, both of Las Vegas, are building the property at 1820 East Germann Road, about 25...
The J Paul Getty Trust has paid $382 million for a 116-acre development site at 10918-10926 Le Conte Ave in Westwood, Calif The art institution acquired the site, which is currently home to a 9,647-square-foot office, from Beitler Commercial Realty...
The Wall Street Journal Citadel Enterprises America might not move forward with its planned 185 million-square-foot office project at 350 Park Ave in Midtown Manhattan The move would be in response to the city and state’s proposal to impose a...
Commercial Real Estate Direct Staff Report A record 252 million young adults were living with family last year, up by almost 1 million from the previous year That topped the 25 million young people—those between 18 and 34 years old—who lived...
AZ Big Media Creation Equity has paid $1805 million for a 38-acre development site at the northeast corner of Corporate Drive and 117th Avenue in Avondale, Ariz The Phoenix developer is planning to build a 699,700-square-foot industrial property on...
South Florida Business Journal A venture of Driftwood Capital and Merrimac Ventures has bought the 174‑room Courtyard by Marriott Fort Lauderdale Weston hotel for $2275 million, or $130,747/room A venture of Ashford Hospitality Trust and Artemis...
South Florida Business Journal Related Group and BH Group have lined up $360 million of financing for the construction of the Icon Beach Waterfront Residences in Hollywood, Fla Tyko Capital of New York provided the loan Groundbreaking is scheduled...
South Florida Business Journal A venture of Bain Capital Real Estate and Alliance HP has paid $52 million, or $15476/sf, for Bridge Point Pompano Beach Commerce Park, a 336,000‑square‑foot industrial complex in Pompano Beach, Fla Bain, a Boston...
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