Crain’s Chicago Business RIG Capital has paid $167 million, or $149,775/unit, for the 1,115-unit Pavilion Apartments in Chicago, near O’Hare International Airport The local investment firm acquired the property, at 5441 North East River...
Baltimore Business Journal Reisterstown Shopping Center in the Baltimore suburb of Reisterstown, Md, has changed hands for $406 million, or just more than $266/sf The 159,522-square-foot property, at 11989 Reisterstown Road, was purchased by a...
Boston Business Journal Advocates has signed a lease for 95,000 square feet of office space at 251 Locke Drive in Marlborough, Mass, about 31 miles west of downtown Boston The human services nonprofit will house its headquarters at the three-story...
Boston Business Journal An affiliate of Elliott Management has paid $124 million, or $512,397/room, for The Godfrey Hotel, a 242‑room property in Boston The West Palm Beach, Fla, investment firm acquired it from Union Investment, a German asset...
San Antonio Business Journal Gresham James Hotels has lined up $165 million of financing for its acquisition of the 128-room Home2 Suites by Hilton San Antonio Riverwalk at 603 Navarro St in San Antonio The lender, seller, and purchase price were...
Atlanta Business Chronicle TriBridge Residential has paid about $30 million, or $162,162/unit, for Collier Trailside, a 185‑unit apartment complex in Atlanta, Ga The Atlanta investor acquired the property, at 1391 Collier Road, from an affiliate...
Denver Business Journal Ares Management Corp has paid $647 million, or $22782/sf, for Verve Commerce Center, a two-building industrial property with 284,000 square feet in Broomfield, Colo, a northern suburb of Denver The Los Angeles investment...
The Real Deal Law firm Baker McKenzie has expanded its footprint at 10 Bryant Park in Midtown Manhattan by 16,000 square feet to 122,000 sf, giving it just more than 14% of the 865,000-square-foot office building’s total space The law firm was...
New York Daily News New York State’s Assembly is planning an additional 1% tax on homes purchased for $1 million or more in cash in New York City The surcharge would apply only to homes sold in New York City and is designed to help balance the...
A venture led by CenterSquare Investment Management has paid $1715 million, or nearly $161/sf, for the 106,643-square-foot Philips Highway Industrial Park in the Southside area of Jacksonville, Fla The Conshohocken, Pa, investment manager bought the...
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