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...
Charlotte Business Journal Investicore Holdings USA has paid $64 million, or $11252/sf, for ThExchange, a 568,811-square-foot office park in Charlotte, NC The local real estate investment firm bought the 14-building property from Ares Management...
Triangle Business Journal Walde Enterprises has paid $3145 million, or $116,481/unit, for the 270-unit Collins Crossing apartment community in Carrboro, NC The Bethesda, Md, company acquired the property from Laramar Group of Chicago, which had paid...
Commercial Real Estate Direct Staff Report The 759,608-square-foot Bank of America Plaza office property in downtown St Louis has sold for $96 million, resulting in a $391 million loss to the CMBS trust that held its $428 million mortgage The...
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.
