Commercial Real Estate Direct Staff Report The construction pipeline for data centers in the country’s primary markets declined last year by 56% from 2024 to 5,9944 megawatts of power capacity at the end of last year, according to CBRE That...
Crain’s Chicago Business Kohan Retail Investment Group is in talks to buy the 15 million-square-foot Citadel Center office property in Chicago The Great Neck, NY, investor would be buying the property, at 131 South Dearborn St, from a venture of...
Zeta Charter Schools has paid $255 million for the development site at 261 Walton Ave in the Bronx, NY The operator of charter schools, which has 11 schools in the Bronx, Queens and upper Manhattan, bought the site from a venture of New York City...
Charlotte Business Journal Alta Peak Capital has bought the 73,343-square-foot Salt + Vinegar office and retail property in Charlotte, NC, for $24 million, or $32723/sf The local company purchased the building from White Point Partners, also of...
South Florida Business Journal Dermot Co has bought the 340-unit Quaye Apartments in Palm Beach Gardens, Fla, for $1318 million, or $387,647/unit The New York company purchased the property from an affiliate of PGIM Real Estate of Newark, NJ, which...
Atlanta Business Chronicle UBS Realty Investors has bought SkyHouse Buckhead, a 362-unit apartment building in Atlanta for $834 million, or $230,387/unit The Hartford, Conn, company purchased the 26-story property from Novare Group, an Atlanta...
First Farmers Bank & Trust has provided $26 million of financing for the construction of the 17-unit ONE15 Lofts on Kirkwood residential condominium buildings in Bloomington, Ind The three-year loan was arranged by Maverick Commercial Mortgage...
Commercial Real Estate Direct Staff Report Bridge Investment Group has paid $778 million, or $232,238/unit, for the Ridge and the Shores, two adjacent apartment properties with 335 units in the Seattle suburb of Federal Way, Wash The Salt Lake City...
Columbus Business First Nationwide Realty Investors is planning to redevelop most of the office space at Two Nationwide Plaza, a 300,000-square-foot office property in Columbus, Ohio, into 148 apartment units The real estate development arm of...
Commercial Real Estate Direct Staff Report Hamilton Zanze has paid $75 million, or $234,375/unit, for the 320-unit Fairways on Green Valley apartment property in the Las Vegas suburb of Henderson, Nev The San Francisco investment manager acquired...
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