Commercial Real Estate Direct Staff Report Cousins Properties Inc recorded 21 million square feet of leasing last year, marking the office REIT’s best year since 2019 The Atlanta company has benefited from the corporate migration to the...
Commercial Real Estate Direct Staff Report An investor group led by Eagle Partners has paid $1625 million for two neighboring age-restricted apartment properties with 551 units in Escondido, Calif, a northern suburb of San Diego Eagle Partners, of...
Commercial Real Estate Direct Staff Report Realty Income Corp, which launched its debut commingled fund last year, has raised $15 billion from more than 40 investors for the open-ended vehicle, Realty Income US Core Plus Fund LP The fund, which...
Crain’s Chicago Business Waterton has paid $85 million, or $431,472/unit, for Flair Tower, a 197-unit apartment property in Chicago’s River North neighborhood The local investor acquired the 26-story property from General Investment...
REBusiness Online Fogelman Properties has teamed up with Thackeray Partners to buy The Vineyards, a 200-unit apartment complex in the Memphis, Tenn, suburb of Germantown, Tenn The purchase is the 18th for the venture—Fogelman is based out of...
Triangle Business Journal A venture of Atlanta Property Group and TPG Angelo Gordon has paid $267 million, or $10194/sf, for the 261,926-square-foot North 70 Distribution Center in Durham, NC The venture—Atlanta Property is in Atlanta and TPG is...
South Florida Business Journal Acevedo Investments Corp has bought the Regency Club Apartments, a 74-unit complex in Hialeah, Fla, for $2122 million, or $286,757/unit The Coral Gables, Fla, company purchased the three-story property from Royal...
AZ Big Media An affiliate of EQT Exeter has broken ground on EQT Real Estate Commerce 303, a 497,234-square-foot industrial property in Litchfield Park, Ariz The Radnor, Pa, REIT is building the property at 15600 West Camelback Road, about 27 miles...
The Real Deal Generation Essential Group has paid $69 million, or $456,953/room, for the 151-room Tribeca Hilton Garden Inn hotel in Manhattan The subsidiary of French Media company AMTD Digital acquired the property from a venture of Hersha...
Northwell Health Inc has agreed to pay $2355 million, or $69674/sf, for the vacant 338,000-square-foot Rego Park I retail property in Queens, NY The healthcare company, the largest in New York State, is buying the property from Alexander’s Inc...
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