The Real Deal RPM Living has paid $1514 million, or $398,421/unit, for Biscayne Shores, a 380‑unit residential complex in Miami The Austin, Texas, multifamily investor acquired the property from a venture of Integra Investments, Korgeous Group,...
Atlanta Business Chronicle Infor is leasing 82,000 square feet of office space at Campus 244, a nearly 13-acre mixed-use development in the Atlanta suburb of Dunwoody, Ga The software provider, a subsidiary of Koch Inc, is relocating its...
Commercial Real Estate Direct Staff Report Vornado Realty Trust’s plans to redevelop its 585,000-square-foot office building at 350 Park Ave in Midtown Manhattan into a 17 million-sf structure that would house Citadel Enterprises...
Commercial Real Estate Direct Staff Report The commercial real estate sector has become increasingly bifurcated Class-A properties, even offices, are doing quite well Others: not so much That was the meat of the discussion at the Bifurcation and...
Commercial Real Estate Direct Staff Report Lenders of all stripes are bullish They’ve got plenty of capital to lend and property owners have accepted the fact that interest rates will remain higher than what became the norm until late 2022 But...
Washington Business Journal A venture of Hoffman & Associates, Snell Properties, and Mitsui Fudosan America Inc has lined up $195 million of construction financing to build 4600 Fairfax, a 420-unit apartment project in Arlington, Va The...
Commercial Real Estate Direct Staff Report Weak demand for space from biotechnology companies helped contribute to a drop in the occupancy rate of Alexandria Real Estate Equities Inc’s portfolio to 877% in the first quarter from 917% a year...
South Florida Business Journal Bowery Properties has bought Cascades at the Hammocks, a 264‑unit apartment property in Miami, for $655 million, or $248,106/unit The local investor purchased the three-story complex from an affiliate of Grand Peaks...
South Florida Business Journal An affiliate of Property Reserve, the real estate investment arm of the Church of Jesus Christ of Latter‑day Saints, has paid $240 million, or $526,316/unit, for Uptown Boca Villas, a 456‑unit apartment complex in...
A venture of Tejon Ranch Co and Dedeaux Properties is breaking ground soon on Tejon Ranch Commerce Center, a 510,385-square-foot industrial property in Lebec, Calif Tejon, of Tejon Ranch, Calif, and Dedeaux, of Santa Monica, Calif, are building the...
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