Herrick Co has paid $150 million, or $35589/sf, for Huntington Tower, a 421,481-square-foot office property in Detroit The Cedar Knoll, NJ, investment firm purchased the property from an affiliate of Sterling Group, according to a report from The...
Charlotte Business Journal InvenTrust Properties has paid $224 million, or about $24664/sf, for the Shoppes at Davis Lake, a 90,820-square-foot shopping center in Charlotte, NC The Downers Grove, Ill, company bought the retail property from...
CrossFirst Bank has provided $23 million of financing for the construction of KV Casa Grande, a 314,453-square-foot industrial property in Casa Grande, Ariz The financing from the Leawood, Kan, bank was arranged by JLL Capital Markets on behalf of...
Cedar and Sage Homes has sold Tides at Willow Pointe, a 126-unit apartment property in Richland, Wash, for $2973 million, or $235,952/unit The Atlanta developer was represented by Kidder Mathews The buyer could not be identified immediately The...
San Antonio Business Journal Dogwood Commercial Real Estate has purchased the 355,000-square-foot retail property at 8800 Broadway in San Antonio for an undisclosed price The Dallas investment firm bought the property from a company calling itself...
North Palisade Partners has paid $445 million for a 17-acre development site at 1101 California St in Redlands, Calif, about 70 miles east of Los Angeles Lee & Associates brokered the deal between the Los Angeles development and investment firm...
Aries Capital has arranged $50 million of short-term financing to facilitate the purchase of the 290,195-square-foot industrial property at 2875 Pomona Blvd in Pomona, Calif The financing has a three-year term Hawkeye Holdings LLC of Pomona...
Commercial Real Estate Direct Staff Report Vornado Realty Trust has sold a development site at 93-30 93rd St in the Rego Park neighborhood of Queens, NY, for $7106 million The New York REIT sold the site to a group affiliated with United...
A New Jersey investor group has purchased Carson Square, a 292-unit apartment property in Hampton, Va, for $31 million, or $106,164/unit The group bought the property, at 1587 Briarfield Road, from Seminole Trail Properties of Charlottesville, Va,...
Commercial Real Estate Direct Staff Report The Norfolk, Va, City Council has made an offer to buy the MacArthur Center Mall and has requested the appropriation of $18 million from various city-overseen accounts to cover the property’s purchase...
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