Commercial Real Estate Direct Staff Report Riot Games has paid $150 million, or $52817/sf, for its headquarters building, the 284,037-square-foot Element LA office property in Los Angeles The video game developer bought the building, at 12333 West...
The volume of CMBS loans in the hands of special servicers declined for the second straight month in December, to $6386 billion That's 1071% of the $59649 billion universe tracked by Trepp...
A venture of Elliott Investment Management LP and Morning Calm Management has acquired City Office REIT Inc, a Vancouver, British Columbia, REIT with a portfolio of 49 office buildings totaling 54 million square feet in eight major markets The...
Rentvcom Tishman Speyer has paid $9295 million, or $36681/sf, for the 253,400-square-foot Christy Street Industrial Center in Fremont, Calif, a city that’s 40 miles south of San Francisco The New York investment manager acquired the property, at...
Commercial Real Estate Direct Staff Report Westcore has paid $907 million, or $27280/sf, for Westcore Innovation Park, a 332,479-square-foot industrial property in Phoenix The San Diego investment firm acquired the property, at 23869-23975 North...
Orlando Business Journal A group of South Florida-based attorneys has paid $345 million, or $230/sf, for the 150,000-square-foot Griffin Farm at Midtown retail property in Lake Mary, Fla Sagi Shaked, a partner with Shaked Law Personal Injury Lawyers...
Atlanta Business Chronicle PGIM Real Estate has bought Notion Decatur, a 290-unit apartment complex in the Atlanta suburb of Decatur, Ga, for $76 million, or $262,069/unit The Newark, NJ, company purchased the six-story property from Toll Brothers...
Commercial Real Estate Direct Staff Report Rialto Capital Advisors has changed the terms of a modification of the $130 million CMBS loan against the 78,287 square feet of retail space at the base of the 350-room Renaissance by Marriott hotel at 215...
Sym Investments has paid $80 million, or $344,827/unit, for the 232-unit SilverLake Apartments at 155 and 165 Belmont Ave in the northern New Jersey township of Belleville The Cedarhurst, NY, investor acquired the property from Klein Enterprises of...
Dallas Business Journal Fortress Investment Group has paid $2265 million, or $151/sf, for the 15 million-square-foot Sparks LS complex that’s currently being built in Morrisville, NC The Dallas company purchased the life-sciences campus from...
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