Bisnow WC Smith has paid $698 million, or $298,290/unit, for the 234-unit Albemarle apartment property in Washington, DC The local investor acquired the property from AvalonBay Communities of Arlington, Va, which had owned it since 2013 The most...
Crain’s Chicago Business Braemar Hotels & Resorts is offering for sale Sofitel Chicago Magnificent Mile, a 415-unit hotel in the city’s Gold Coast neighborhood The Dallas REIT, formerly known as Ashford Hospitality Prime Inc, hired...
Crain’s Chicago Business Ante has paid $21 million, or $355,932/unit, for the 59-unit Portrait Apartments in the Uptown neighborhood of Chicago The family office of Giannis Antetokounmpo, who is a member of the Milwaukee Bucks professional...
Commercial Real Estate Direct Staff Report Capital Group has agreed to pay $210 million, or $150/sf, for Los Angeles’ Bank of America Plaza, a 14 million-square-foot office property in the city’s downtown The financial services company,...
Commercial Real Estate Direct Staff Report White Lodging has paid $2775 million, or $78,612/room, for the 353-room Sheraton Raleigh Hotel in the city’s downtown area The Merrillville, Ind, hotel management company purchased the property from...
REJournalscom Founders Properties has paid $264 million, or $15561/sf, for Gateway I & II, a 169,656-square-foot industrial property in the Minneapolis suburb of Eagan, Minn The Eden Prairie, Minn, investment manager acquired the property, at...
Jacksonville Business Journal An affiliate of US Realty Advisors has paid $669 million, or $43687/sf, for the 153,136-square-foot industrial building at 4125 West Cisco Drive in Jacksonville, Fla The New York company purchased the property from its...
Tampa Bay Business Journal Internet personality Ben Mallah has sold the Four Points Westshore by Sheraton Suites hotel in Tampa, Fla, for $26 million, or $98,859/room Mallah sold the eight-story property to a South Florida-based company calling...
The Real Deal Seagis Property Group has bought the 200,000-square-foot industrial property at 9500 NW 108th Ave in Medley, Fla, for $488 million, or $244/sf The Conshohocken, Pa, company purchased the warehouse from local clothing supplier...
REBusiness Online A venture of SparrowHawk and Almanac Realty Investors has paid $285 million, or $7768/sf, for Premier 370 DC II, a 366,900-square-foot industrial property in St Peters, Mo, a northwestern suburb of St Louis SparrowHawk, of Houston,...
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