Commercial Real Estate Direct Staff Report A venture of Grand Peaks and PCCP has acquired the 424-unit West End District apartment property in the Portland, Ore, suburb of Beaverton, Ore The purchase price could not be learned immediately But the...
South Florida Business Journal CSL has paid $73 million, or $320,175/unit, for the 228-unit Aviara East Pompano apartment property in Pompano Beach, Fla The Montreal apartment investor acquired the eight-story community from Aviara Properties of...
Kite Realty Group Trust has sold the 361,948-square-foot City Center retail property in White Plains, NY, for $50 million, or just more than $138/sf, to PropUp Group of New York The sale, arranged by JLL Capital Markets, which also arranged a $392...
Commercial Property Executive GI Partners has paid $750 million for the 30-megawatt Skybox Chicago I Data Center in the Chicago suburb of Elk Grove Village, Ill The San Francisco investment firm acquired the property, at 800 East Devon Ave, from HMC...
Atlanta Business Chronicle OA Development and Buligo Capital Partners have paid $2075 million, or $10807/sf, for Century Springs, a 192,000-square-foot office complex in the Atlanta suburb of Sandy Springs, Ga OA, of Atlanta, and Buligo Capital, of...
Tampa Bay Business Journal Southern Hospitality and Management Co has paid $1965 million, or $162,397/room, for the 121-room TownePlace Suites by Marriott at 5302 Avion Park Drive in Tampa, Fla The Orlando, Fla, hotel operator acquired the...
South Florida Business Journal Clarion Partners has paid $2096 million, or $22,417/unit, for the 935-unit Extra Space Storage facility at 1480 NW 66th Ave in Plantation, Fla The New York investment manager acquired the property from Compson...
Prime Finance has provided $63 million of mortgage financing against three apartment properties with 94 units in Manhattan’s Chelsea neighborhood that are owned by Slate Property Group The loan, arranged by Arrow Real Estate Advisors of New...
Berkadia has provided $3855 million of Freddie Mac mortgage financing against the 306-unit Tennis Towers Apartments in West Palm Beach, Fla The loan has a seven-year term and requires only interest payments for its first four years It then amortizes...
The Real Deal Thor Equities has paid $52 million, or $7587/sf, for 68,536 square feet of commercial space at the Palmer House in Chicago, three years after losing the property to foreclosure The New York investment firm acquired the space from LNR...
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