Commercial Real Estate Direct Staff Report Waterton has paid $635 million, or $516,260/unit, for 128 on State, a 123-unit apartment property in Kirkland, Wash The Chicago investment manager purchased the property from an affiliate of Prometheus Real...
A venture of Axton Group and Bascom Group has sold two nearby apartment properties with a combined 486 units in Colorado Springs, Colo, for $741 million, or $152,469/unit The buyer was an investor group registered in Wilmington, Del, according to El...
Multi-Housing News Clarion Partners Real Estate Income Fund has purchased the 176-unit Retreat at Weaverville apartment property in Asheville, NC, for $528 million, or $300,000/unit Graycliff Capital sold the property, at 61 Garrison Branch Road,...
The Real Deal The Kislak Organization has sold Kislak Office Plaza, a 77,000-square-foot office property in Miami Lakes, Fla, for $21 million, or about $273/sf The Ward Law Group bought the two-building property, at 7900 NW 154th St, which was built...
Charlotte Business Journal The Charlotte, NC, City Council last night unanimously approved Related Group’s plan to redevelop the Trianon Condominiums in the city’s South Park area into a mixed-use project The Miami developer’s...
South Florida Business Journal Ground has broken on the third phase of the Captiva Cove affordable-housing complex in Pompano Beach, Fla Cornerstone Group of Hollywood, Fla, recently lined up $347 million of financing for the phase, which is being...
Commercial Real Estate Direct Staff Report The affiliate of Brookfield Asset Management that owns the Park Place Mall in Tucson, Ariz, likely will turn the property over in a deed-in-lieu of foreclosure or other similar arrangement to its lender,...
Rentvcom Metrie Inc has agreed to fully lease the 130,800-square-foot industrial property at 5810 West Buckeye Road in Phoenix The wood and composite manufacturer was represented by Avison Young, while the property’s owner, CapRock Partners,...
Triangle Business Journal Stream Realty Partners has bought three industrial buildings at Garner Business Park 70 in suburban Raleigh, NC, for $7414 million, or about $15193/sf The Dallas company bought the buildings from Al Neyer, a Cincinnati real...
South Florida Business Journal Related Group has wrapped up work on Icon Marina Village, a 399-unit apartment project in West Palm Beach, Fla The Miami developer built the 24-story property at 4444 North Flagler Drive near the Intracoastal Waterway...
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