Triangle Business Journal Momentum Real Estate Partners has paid $871 million, or $323,792/unit, for the University Hill Apartments, a 269‑unit complex in Durham, NC The Miami company purchased the four‑story building from Hawthorne Residential...
South Florida Business Journal An affiliate of D&F Development Group has bought the Prestige at Palm‑Aire, a 39‑unit townhome rental community in Pompano Beach, Fla, for $259 million, or $664,103/unit The Singer Island, Fla, company acquired...
South Florida Business Journal LeFrak Organization has bought Harbour at New River, a 337‑unit apartment building in downtown Fort Lauderdale, Fla, for $180 million, or $534,125/unit The New York company purchased the 36-story property from its...
Apartment rents in San Francisco averaged $2,737/unit in the first quarter, up 3% from the same time last year, according to Kidder Mathews The vacancy rate throughout the city has declined year over year to 47% from 53%...
Rentvcom Columbia Container Lines has agreed to lease 156,100 square feet of industrial space at 691-701 Burning Tree Road in Fullerton, Calif, about 23 miles south of Los Angeles The freight forwarding and logistics company was represented by...
Chicago Business Journal TradeLane Properties has paid $301 million, or $5154/sf, for the 584,000-square-foot industrial property at 2001 Baseline Road in Montgomery, Ill, about 47 miles west of Chicago The Oakbrook Terrace, Ill, industrial investor...
ConnectCRE The City of Irving, Texas, has bought MacArthur Ridge II, a 260,796-square-foot office building in that suburban Dallas city Grupo Haddad sold the six-story property in a deal brokered by Bradford Commercial Real Estate Services Grupo...
Mission Shore Management has sold 105,869-square-foot Fairmont Preston Plaza in the Houston suburb of Pasadena, Texas JLL Capital Markets brokered the deal on behalf of the seller, while HighStreet Net Lease Group represented the buyer, a company...
The city's office market continued to struggle last quarter, with absorption remaining in the red A bright spot was the city's Energy Corridor, which has benefited from the country's sharp increase in oil production The submarket has some of the...
Crain’s Chicago Business McKinsey has agreed to sublease 72,000 square feet of office space at Chicago’s Salesforce Tower The consulting firm is subleasing the space from the 12 million-square-foot building’s namesake tenant,...
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