Charlotte Business Journal Asana Partners has bought the Grinnell Water Works building in Charlotte, NC, for $1915 million, or about $36863/sf The local real estate investor purchased the 51,949-square-foot office property from Northridge Capital of...
Triangle Business Journal Anantaa Inc has paid $103 million, or $100,000/room, for the 103-room Cambria Hotel Raleigh-Durham Airport in Morrisville, NC The Goldsboro, NC, company purchased the property, which sits on 23 acres at 300 Airgate Drive,...
ConnectCRE Work is underway on a 323,750-square-foot warehouse at 50 Robert Milligan Parkway in Merrimack, NH Trammell Crow Co and Diamond Realty Investments are building the industrial property on a 43-acre parcel, with completion expected in the...
Houston Business Journal Dhanani Private Equity Group has bought Kingwood Commons, a 165,000-square-foot retail property in Kingwood, Texas, about 23 miles northeast of Houston The Stafford, Texas, company bought the property from Kite Realty Group,...
Real Estate Weekly Bristol Group is nearing completion of the 178,124-square-foot warehouse it’s building in the Long Island, NY, town of Commack, NY The industrial project, at 49 Mall Drive, is expected to be completed in June It will have...
Commercial Observer Lalezarian Properties has paid $335 million, or $34045/sf, for 650 First Ave, a seven-story office building at the corner of 37th Street in Manhattan’s Murray Hill neighborhood, with plans to convert it into apartments The...
Commercial Real Estate Direct Staff Report Freddie Mac has provided $40 million of financing to facilitate MG Properties’ purchase of the Artesia, a 192-unit apartment property in Everett, Wash The San Diego investment manager purchased the...
The Real Deal The RXR Realty venture that owns the 786,985-sf office building at 61 Broadway in lower Manhattan has defaulted on its $325 million of financing Lenders led by Aareal Bank, which hold the loan, are slated to offer it for sale in the...
Commercial real estate brokers in New York have become even more pessimistic than they had been, according to a survey by the Real Estate Board of New York, or REBNY The trade group, which represents brokers, building owners, managers and developers...
REBusiness Online The redevelopment of a portion of the Mildred C Hailey Apartments in Boston’s Jackson Square area has gotten underway The Community Builders of Boston and the Boston Housing Authority will result in the replacement of 253...
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