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%...
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...
Commercial Observer Imperial Sterling has paid $292 million, or $1,663/sf, for the 17,553-square-foot mixed-use property at 1151 Broadway in the NoMad section of Manhattan The Huntington, NY, investor acquired the property from Premier Equities of...
Commercial Real Estate Direct Staff Report An affiliate of MetLife Investment Management has paid $4585 million, or $327,500/unit, for Grandstone at Sunrise, a 140-unit apartment property in Peoria, Ariz, a northern suburb of Phoenix The Los Angeles...
Atlanta Business Chronicle Coro Realty Advisors has paid $1677 million, or $20,036/unit, for the 837-unit Space Shop self-storage facility at 3000 Delk Road in the Atlanta suburb of Marietta, Ga The Atlanta real estate investment and management...
Orlando Business Journal Wideman Co has purchased the stake it didn’t already own in the Truist Plaza mixed-use building in downtown Orlando, Fla, in a deal that valued the 28-story property at $928 million The local company, whose...
The Washington, DC, office market recorded its weakest leasing quarter in two and a half years, with only 13 million square feet leased in the first quarter, according to...
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